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Fire-sale risk in the leveraged loan market
16 references·1 citing·49 second hopsampled
Fire-sale risk in the leveraged loan market (2022)Fire-sale risk in the leveraged loan mark…Corporate bond mutual funds and asset fire sales (2020)Corporate bond mutual funds a…The Rise of Shadow Banking: Evidence from Capital Regulation (2018)The Rise of Shadow Banking: E…Is Historical Cost Accounting a Panacea? Market Stress, Incentive Distortions, and Gains Trading (2015)Is Historical Cost Accounting…Systemic Liquidation Risk and the Diversity–Diversification Trade‐Off (2011)Systemic Liquidation Risk and…Regulatory pressure and fire sales in the corporate bond market (2011)Regulatory pressure and fire …Institutional demand pressure and the cost of corporate loans☆ (2010)Institutional demand pressure…Diversification disasters (2010)Diversification disastersFrailty Correlated Default (2009)Frailty Correlated DefaultDiversification at financial institutions and systemic crises (2009)Diversification at financial …Economic Catastrophe Bonds (2008)Economic Catastrophe BondsThe multi-state latent factor intensity model for credit rating transitions (2007)The multi-state latent factor…Common Failings: How Corporate Defaults Are Correlated (2007)Common Failings: How Corporat…Asset Fire Sales (and Purchases) in Equity Markets (2005)Asset Fire Sales (and Purchas…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…Slow Moving CapitalSlow Moving CapitalAre CLO Collateral and Tranche Ratings Disconnected? (2020)Are CLO Collateral and Tranch…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)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)Credit Risk Modeling (2004)Stochastic Integration and Differential Equations (2005)Good and bad credit contagion: Evidence from credit default swaps☆ (2007)Coordination Failures and the Lender of Last Resort: Was Bagehot Right after All? (2004)Financial Intermediaries and Markets (2004)Asset commonality, debt maturity and systemic risk (2011)Default Cascades: When Does Risk Diversification Increase Stability? (2011)Banks’ Non-Interest Income and Systemic Risk (2012)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)An Empirical Analysis of the Pricing of Collateralized Debt Obligations (2008)Credit Contagion from Counterparty Risk (2009)Affine Point Processes and Portfolio Credit Risk (2010)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Dumb money: Mutual fund flows and the cross-section of stock returns (2008)Presidential Address: Asset Price Dynamics with Slow‐Moving Capital (2010)Fire Sales in Finance and Macroeconomics (2011)A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)The Limits of Arbitrage (1995)Market Liquidity and Funding Liquidity (2008)The Same Bond at Different Prices: Identifying Search Frictions and Selling Pressures (2010)A Model of Capital and Crises (2011)Hedge Fund Stock Trading in the Financial Crisis of 2007-2009 (2011)Illiquidity and stock returns: cross-section and time-series effects (2002)Rating Agencies in the Face of Regulation (2011)Vulnerable banks (2014)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Did Subjectivity Play a Role in CDO Credit Ratings? (2011)The Credit Crisis as a Problem in the Sociology of Knowledge (2011)Issuer Quality and Corporate Bond Returns (2013)Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools (2005)The real effects of financial constraints: Evidence from a financial crisis (2010)Shock Propagation and Banking Structure (2018)Banking on Carbon: Corporate Lending and Cap-and-Trade Policy (2020)Climate change and corporate cash holdings: Global evidence (2023)
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References

  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*10,779 cited
  • 1992Liquidation Values and Debt Capacity: A Market Equilibrium Approach2,901 cited
  • 2005Asset Fire Sales (and Purchases) in Equity Markets1,704 cited
  • 2009Diversification at financial institutions and systemic crises586 cited
  • 2007Common Failings: How Corporate Defaults Are Correlated583 cited
  • 2009Frailty Correlated Default547 cited
  • 2011Regulatory pressure and fire sales in the corporate bond market527 cited
  • n.d.Slow Moving Capital464 cited
  • 2008Economic Catastrophe Bonds416 cited
  • 2018The Rise of Shadow Banking: Evidence from Capital Regulation349 cited
  • 2010Institutional demand pressure and the cost of corporate loans☆260 cited
  • 2010Diversification disasters257 cited
  • 2015Is Historical Cost Accounting a Panacea? Market Stress, Incentive Distortions, and Gains Trading173 cited
  • 2011Systemic Liquidation Risk and the Diversity–Diversification Trade‐Off166 cited
  • 2020Corporate bond mutual funds and asset fire sales162 cited
  • 2007The multi-state latent factor intensity model for credit rating transitions

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134 cited

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  • 2020Are CLO Collateral and Tranche Ratings Disconnected?25 cited