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A structural model of debt pricing with creditor-determined liquidation

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Publication:964566
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DOI10.1016/j.jedc.2010.01.005zbMath1202.91106OpenAlexW3125458555MaRDI QIDQ964566

Hassan Naqvi, Max Bruche

Publication date: 22 April 2010

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://openaccess.city.ac.uk/id/eprint/2791/1/Bruche-Naqvi_JEDC10.pdf


zbMATH Keywords

creditor induced liquidationdefaultable debt pricingpremature liquidation


Mathematics Subject Classification ID

Credit risk (91G40)


Related Items

Resolution of financial distress under Chapter 11 ⋮ A dynamic program for valuing corporate securities ⋮ The use of equity financing in debt renegotiation ⋮ Game theoretic analysis of negotiations under bankruptcy ⋮ Dividends and leverage: how to optimally exploit a non-renewable investment ⋮ FINANCING AND INVESTMENT STRATEGIES UNDER CREDITOR-MAXIMIZED LIQUIDATION



Cites Work

  • Unnamed Item
  • Financial Distress and Bank Restructuring of Small to Medium Size UK Companies*
  • Default and Renegotiation: A Dynamic Model of Debt
  • Agency Conflicts and Risk Management*
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