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Endogenous Liquidity and Defaultable Bonds
16 references·7 citing·38 second hop
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this work references cited by second hop

References

  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 1986Asset pricing and the bid-ask spread5,087 cited
  • 2008Market Liquidity and Funding Liquidity5,007 cited
  • 1977DEBT AND TAXES*2,896 cited
  • 1994Corporate Debt Value, Bond Covenants, and Optimal Capital Structure2,732 cited
  • 1976VALUING CORPORATE SECURITIES: SOME EFFECTS OF BOND INDENTURE PROVISIONS2,383 cited
  • 2004Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit Default Swap Market2,087 cited
  • 1996Optimal Capital Structure, Endogenous Bankruptcy, and the Term Structure of Credit Spreads1,962 cited
  • 2001Term Structures of Credit Spreads with Incomplete Accounting Information1,321 cited
  • 2004Over-the-Counter Markets1,199 cited
  • 2007Corporate Yield Spreads and Bond Liquidity1,087 cited
  • 2011The Illiquidity of Corporate Bonds989 cited
  • 2007Corporate Bond Market Transaction Costs and Transparency966 cited
  • 1993Seniority and maturity of debt contracts646 cited
  • 2007

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Valuation in Over-the-Counter Markets
526 cited

Cited by

  • 2017De Facto Seniority, Credit Risk, and Corporate Bond Prices50 cited
  • 2012Systematic Risk, Debt Maturity, and the Term Structure of Credit Spreads48 cited
  • 2018Measuring Financial Fragmentation in the Euro Area Corporate Bond Market45 cited
  • 2015Liquidity and credit risk before and after the global financial crisis: Evidence from the Korean corporate bond market42 cited
  • 2023Feedback and Contagion through Distressed Competition39 cited
  • 2005Debt Maturity and the Dynamics of Leverage38 cited
  • 2013The Leverage Ratchet Effect31 cited