Economic uncertainty and credit risk: Evidence from international corporate bonds

Valenzuela, Patricio; Claveria, Juan

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