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Economy-wide bond default rates: A maximum expected utility approach

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  • Sandow, Sven
  • Friedman, Craig
  • Gold, Mark
  • Chang, Peter

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  • Sandow, Sven & Friedman, Craig & Gold, Mark & Chang, Peter, 2006. "Economy-wide bond default rates: A maximum expected utility approach," Journal of Banking & Finance, Elsevier, vol. 30(2), pages 679-693, February.
    • Handle: RePEc:eee:jbfina:v:30:y:2006:i:2:p:679-693
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    References listed on IDEAS

    as
    1. Jean Helwege & Paul Kleiman, 1996. "Understanding aggregate default rates of high yield bonds," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 2(May).
    2. Craig Friedman & Sven Sandow, 2003. "Model Performance Measures For Expected Utility Maximizing Investors," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., vol. 6(04), pages 355-401.
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