Economic uncertainty and credit risk: Evidence from international corporate bonds
Abstract
Credit spreads are positively associated with economic policy uncertainty. This association is stronger in developing countries and countries with French-origin legal systems and worse sovereign credit ratings. This relation is also stronger for firms that usually face worse credit conditions. © 2024
Más información
| Título según WOS: | Economic uncertainty and credit risk: Evidence from international corporate bonds |
| Título según SCOPUS: | Economic uncertainty and credit risk: Evidence from international corporate bonds |
| Título de la Revista: | Economics Letters |
| Volumen: | 237 |
| Editorial: | Elsevier B.V. |
| Fecha de publicación: | 2024 |
| Idioma: | English |
| DOI: |
10.1016/j.econlet.2024.111666 |
| Notas: | ISI, SCOPUS |