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How Does the Market Value Toxic Assets?
16 references·1 citing·41 second hopsampled
How Does the Market Value Toxic Assets? (2014)How Does the Market Value Toxic Assets?The subprime credit crisis and contagion in financial markets (2010)The subprime credit crisis an…The Economics of Structured Finance (2009)The Economics of Structured F…Market Liquidity and Funding Liquidity (2008)Market Liquidity and Funding …Forecasting Default with the Merton Distance to Default Model (2008)Forecasting Default with the …Asset pricing with liquidity risk (2005)Asset pricing with liquidity …Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit Default Swap Market (2004)Corporate Yield Spreads: Defa…The Determinants of Credit Spread Changes (2001)The Determinants of Credit Sp…Counterparty Risk and the Pricing of Defaultable Securities (2001)Counterparty Risk and the Pri…Do Asset Fire Sales Exist? An Empirical Investigation of Commercial Aircraft Transactions (1998)Do Asset Fire Sales Exist? An…How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed (1997)How Costly is Financial (Not …Asset sales and increase in focus (1995)Asset sales and increase in f…Financial Distress and Corporate Performance (1994)Financial Distress and Corpor…Anatomy of Financial Distress: An Examination of Junk-Bond Issuers (1994)Anatomy of Financial Distress…Common risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Liquidation Values and Debt C…ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)ON THE PRICING OF CORPORATE D…The Behavior of Intoxicated Investors: The role of institutional investors in propagating the crisis of 2007-2008 (2010)The Behavior of Intoxicated I…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)On Persistence in Mutual Fund Performance (1997)Illiquidity and stock returns: cross-section and time-series effects (2002)A five-factor asset pricing model (2014)On the Pricing of Corporate Debt: The Risk Structure of Interest Rates (1974)Forecasting Bankruptcy More Accurately: A Simple Hazard Model (2001)Credit Spreads and Business Cycle Fluctuations (2012)Predictably Unequal? The Effects of Machine Learning on Credit Markets (2021)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)The Limits of Arbitrage (1995)A Survey of Corporate Governance (1997)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Pricing of Options and Corporate Liabilities (1973)Option pricing when underlying stock returns are discontinuous (1976)The valuation of options for alternative stochastic processes (1976)An equilibrium characterization of the term structure (1977)A Theory of the Term Structure of Interest Rates (1985)Transform Analysis and Asset Pricing for Affine Jump-diffusions (2000)Liquidity Risk and Expected Stock Returns (2003)The Aggregate Demand for Treasury Debt (2012)The effect of pro-environmental preferences on bond prices: Evidence from green bonds (2018)Managerial discretion and optimal financing policies (1990)Agency Costs, Risk Management, and Capital Structure (1998)How Big Are the Tax Benefits of Debt? (2000)Asset Fire Sales (and Purchases) in Equity Markets (2005)Credit Rationing in Markets with Imperfect Information (1981)Bank Runs, Deposit Insurance, and Liquidity (1983)Continuous Auctions and Insider Trading (1985)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)Econometric measures of connectedness and systemic risk in the finance and insurance sectors (2012)The determinants and implications of corporate cash holdings (1999)Default Risk in Equity Returns (2004)In Search of Distress Risk (2008)Liquidity and leverage (2008)Prospect Theory and Asset Prices (2001)
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References

  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*10,779 cited
  • 2008Market Liquidity and Funding Liquidity5,007 cited
  • 1992Liquidation Values and Debt Capacity: A Market Equilibrium Approach2,901 cited
  • 2005Asset pricing with liquidity risk2,816 cited
  • 2001The Determinants of Credit Spread Changes2,253 cited
  • 2008Forecasting Default with the Merton Distance to Default Model2,220 cited
  • 2004Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit Default Swap Market2,087 cited
  • 1994Financial Distress and Corporate Performance1,660 cited
  • 1997How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed1,255 cited
  • 1994Anatomy of Financial Distress: An Examination of Junk-Bond Issuers940 cited
  • 2009The Economics of Structured Finance750 cited
  • 1995Asset sales and increase in focus730 cited
  • 1998Do Asset Fire Sales Exist? An Empirical Investigation of Commercial Aircraft Transactions681 cited
  • 2001Counterparty Risk and the Pricing of Defaultable Securities

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662 cited
  • 2010The subprime credit crisis and contagion in financial markets654 cited
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    • 2010The Behavior of Intoxicated Investors: The role of institutional investors in propagating the crisis of 2007-200824 cited