Corporate Bond Pricing Model with Interaction between Liquidity and Credit Risk

Corporate Bond Pricing Model with Interaction between Liquidity and Credit Risk

This study derives a liquidity and credit risk-adjusted capital asset pricing model and investigates the model using the data set in China's corporate bond market. Our research shows that the channels through which liquidity risk affects corporate bond return are individual bond liquidity risk,...

Full description

Saved in:
Bibliographic Details
Main Authors: Zijian Wu, Baochen Yang, Yunpeng Su
Format: Article
Language:English
Published: Wiley 2022-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2022/6331366
Tags: Add Tag
No Tags, Be the first to tag this record!

Similar Items

Similar Items