The Link between Default and Recovery Rates: Theory, Empirical Evidence and Implications

This paper analyzes the association between aggregate default and recovery rates on credit assets, and seeks to empirically explain this critical relationship. We examine recovery rates on corporate bond defaults, over the period 1982-2002.(...)

MoreLess

Year of publication:	2003-09-01
Authors:	Altman, Edward I. ; Brady, Brooks ; Resti, Andrea ; Sironi, Andrea
Publisher:	Salomon Center <New York, NY>
Subject:	Ausfallrisiko \| Kreditrisiko \| Kreditwürdigkeit \| credit scoring models \| Rückzahlung \| repayments

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	1024 bytes 32 p. application/pdf
Series:	NYU Salomon Center for the Study of Financial Institutions - Publications Arbeitspapier - NYU Salomon Center for the Study of Financial Institutions -Derivatives ; S-DRP-03-08
Type of publication:	Book / Working Paper
Language:	English
Classification:	G15 - International Financial Markets ; G21 - Banks; Other Depository Institutions; Mortgages ; G28 - Government Policy and Regulation ; Financial theory ; Management of financial services: stock exchange and bank management science (including saving banks) ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005847045