Optimal capital structure and credit spreads under pandemic shocks

DOI10.1016/j.econlet.2023.111009OpenAlexW4318762083MaRDI QIDQ2695778

Yanming Yao, Pengfei Luo

Publication date: 5 April 2023

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2023.111009

zbMATH Keywords

credit spreadscapital structurepandemic shocks

Mathematics Subject Classification ID

Corporate finance (dividends, real options, etc.) (91G50) Credit risk (91G40)

Cites Work

• Tobin's \(q\) and corporate investment with a pandemic shock
• A Stochastic Differential Equation SIS Epidemic Model
• Unnamed Item

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