Jacobson, Tor; Kindell, Rikard; Lindé, Jesper; … - Sveriges Riksbank - 2008
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Keywords: Default, default-risk model, business cycles, aggregate fluctuations, micro-
data, logit, firm-specific variables … cross-sectional context with the help
of a small set of firm-specific variables. Later work by Shumway (2001) explicitly … of and interaction between firm-specific variables and macroeconomic information - an
area that is more or less …