Gaspar, Raquel M.; Slinko, Irina - Economics Institute for Research (SIR), … - 2005
depression, periods of higher default intensity as well as periods where low recovery is more likely, producing a business cycle … School of Economics,
Box 6501,
SE-113 83 Stockholm,
SWEDEN
e-mail: raquel.gaspar@hhs.se
Irina Slinko,
Department of Finance …,
Stockholm School of Economics,
Box 6501,
SE-113 83 Stockholm,
SWEDEN
e-mail: irina.slinko@hhs.se
SSE/EFI Working paper Series in …