Structural models of default are widely used to analyze corporate bond spreads, but have generally been unable to explain why risk premiums are as high as they are. This credit spread puzzle can be ...
Your institution does not have access to this book on JSTOR. Try searching on JSTOR for other items related to this book. BACKGROUND AND GOALS OF LONGITUDINAL ...
Semi-structural macroeconomic models (or macrostructural models) are useful frameworks that support economic forecasts and counterfactual policy and economic scenario analysis. The macro modeling team ...