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Junk Bond Behavior With Daily Returns And Business Cycles

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  • Jayen B. Patel
  • Dorla A. Evans
  • John E. Burnett

Abstract

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Suggested Citation

  • Jayen B. Patel & Dorla A. Evans & John E. Burnett, 1998. "Junk Bond Behavior With Daily Returns And Business Cycles," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 21(4), pages 407-418, December.
    • Handle: RePEc:bla:jfnres:v:21:y:1998:i:4:p:407-418
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1998.tb00694.x
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    References listed on IDEAS

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    1. repec:bla:jfinan:v:44:y:1989:i:4:p:923-52 is not listed on IDEAS
    2. Blume, Marshall E & Keim, Donald B & Patel, Sandeep A, 1991. "Returns and Volatility of Low-Grade Bonds: 1977-1989," Journal of Finance, American Finance Association, vol. 46(1), pages 49-74, March.
    3. repec:bla:jfinan:v:44:y:1989:i:4:p:909-22 is not listed on IDEAS
    4. Kohers, Theodor & Patel, Jayen B., 1996. "An examination of the day-of-the-week effect in junk bond returns over business cycles," Review of Financial Economics, Elsevier, vol. 5(1), pages 31-46.
    5. Yago, Glenn, 1991. "Junk Bonds: How High Yield Securities Restructured Corporate America," OUP Catalogue, Oxford University Press, number 9780195061116.
    6. Cornell, Bradford & Green, Kevin, 1991. "The Investment Performance of Low-Grade Bond Funds," Journal of Finance, American Finance Association, vol. 46(1), pages 29-48, March.
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    Cited by:

    1. Ngene, Geoffrey M. & Lee Kim, Yea & Wang, Jinghua, 2019. "Who poisons the pool? Time-varying asymmetric and nonlinear causal inference between low-risk and high-risk bonds markets," Economic Modelling, Elsevier, vol. 81(C), pages 136-147.
    2. Patrycja Chodnicka & Katarzyna Niewinska, 2015. "Financial Risk in Polish Companies During the Global Economic Crisis of 2007–2008 with Particular Emphasis on Evaluation of the Use of Reserve Debt Capacity (Ryzyko finansowania polskich przedsiebiors," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 13(55), pages 197-219.
    3. Bereskin, Frederick L. & Kim, Bushik & Oh, Frederick Dongchuhl, 2015. "Do credit rating concerns lead to better corporate governance? Evidence from Korea," Pacific-Basin Finance Journal, Elsevier, vol. 35(PB), pages 592-608.

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