Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit-Default Swap Market
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- Francis A. Longstaff & Sanjay Mithal & Eric Neis, 2005. "Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit Default Swap Market," Journal of Finance, American Finance Association, vol. 60(5), pages 2213-2253, October.
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JEL classification:
- G1 - Financial Economics - - General Financial Markets
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This paper has been announced in the following NEP Reports:- NEP-FMK-2004-06-07 (Financial Markets)
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