Macroeconomic conditions, corporate defaults, and economic recessions

In this thesis, I investigate effective predictors for corporate defaults and measurement of economic recessions. I use corporate default probabilities in US industrial firms from April 1980 to December 2014 and effective predictors extracted from 92 macroeconomic and financial variables and I propo...

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Bibliographic Details
Main Author: Xing, Kai
Format: Thesis (University of Nottingham only)
Language:English
Published: 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/39401/