Apr 30Six variables that predict defaultsWe discuss which variables can help us predict corporate defaults The current pandemic is triggering a stark growth in corporate...
Feb 26When should you invest in distressed stocks?We discuss the optimal timing of a strategy that invests in firms that are close to bankruptcy In a previous post, we provided evidence...
Feb 26How much is default risk captured by other factors?Is there a distress risk factor? And how much of this factor is explained by other risk factors? In previous posts, we have discussed the...