Quantifying the vulnerabilities of China’s corporate sector with contingent claims
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Asian Economics"
DOI: 10.1016/j.asieco.2021.101315
Abstract: Abstract This paper measures and analyzes the default risk and debt sustainability of China’s non-financial corporate sector both on an aggregate level and within a sector by employing the contingent claims approach (CCA). Our results… read more here.
Keywords: contingent claims; capital enterprises; sector; corporate sector ... See more keywords