The Link between Default and Recovery Rates: Theory, Empirical Evidence, and Implications*
Edward I. Altman, Brooks Brady, Andrea Resti, Andrea Sironi
Abstract
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Edward I. Altman, Brooks Brady, Andrea Resti, Andrea Sironi
Abstract
Open-access reader
Edward I. Altman, Brooks Brady, Andrea Resti, Andrea Sironi, The Link between Default and Recovery Rates: Theory, Empirical Evidence, and Implications, The Journal of Business, Vol. 78, No. 6 (November 2005), pp. 2203-2228
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Edward I. Altman, Brooks Brady, Andrea Resti, Andrea Sironi, The Link between Default and Recovery Rates: Theory, Empirical Evidence, and Implications, The Journal of Business, Vol. 78, No. 6 (November 2005), pp. 2203-2228
Key concepts: Link (geometry), Economics, Computer science, Computer network