In practice many data series contain observations at irregular times whereas most forecasting methods are restricted to the case of equal time intervals between data points. This paper provides extensions of Single Exponential Smoothing and Holt's Method to the case of irregularly spaced data...

In a history that now stretches about four decades, the high yield (HY) market has experienced growth in issuance and out-standings that is remarkable both for its level (about 13% per annum, with HY bonds now accounting for about 25% of the total corporate bond market) and its cyclicality and...