The Anatomy of Distressed Debt Markets

IF 5 3区 经济学 Q1 BUSINESS, FINANCE Annual Review of Financial Economics Pub Date : 2019-12-26 DOI:10.1146/annurev-financial-110118-123019
Edward I. Altman, Robert Benhenni
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Abstract

Over the last 30 years, the distressed debt market has come a long way and is now a legitimate investment asset class, albeit with periodic dramatic activity. Despite the benign credit cycle in US ...
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不良债务市场剖析
在过去30年里,不良债务市场取得了长足的进步,如今已成为一种合法的投资资产类别,尽管不时出现剧烈的活动。尽管美国信贷周期良好……
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26
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