Edelberg, Wendy (contributor) - 2003
access for very high-
risk households (again, particularly for secured debt), but the increase in the risk premium faced
by … of 0.03 to 0.04).
21
Additionally, as defined
below, the default risk premium spread also helps to measure the extent … declare bankruptcy,
respectively. These groups remain fixed across all risk premium definitions.
Empirical Results
Evidence …