Reneby, Joel; Ericsson, Jan - Economics Institute for Research (SIR), … - 2001
We develop a structural bond pricing approach and implement it on a large panel of US industrial bonds using an … Economics and Finance No. 445
First version: February 2001
January 7, 2003
Abstract
We develop a structural bond pricing … structural bond pricing models with market prices. Instead, much
of the research in the area has shifted its focus to the …