Essays about: "Diana Iovanel"

Found 1 essay containing the words Diana Iovanel.

  1. 1. Constructing the term structure of the U.S. corporate credit spread components - is there a relationship with the real economy?

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Diana Iovanel; [2020]
    Keywords : Macro-finance; Term structure; Level factor; Slope factor; Business cycles;

    Abstract : This paper decomposes the credit spread of U.S. corporate bonds into a component driven by issuer default-risk and a component common to all bonds in the market. It then uses these components to develop a procedure for constructing their term structure. READ MORE