{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,10,21]],"date-time":"2025-10-21T03:23:11Z","timestamp":1761016991606},"reference-count":24,"publisher":"Springer Science and Business Media LLC","issue":"4","license":[{"start":{"date-parts":[[2012,9,12]],"date-time":"2012-09-12T00:00:00Z","timestamp":1347408000000},"content-version":"tdm","delay-in-days":0,"URL":"http:\/\/www.springer.com\/tdm"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Comput Manag Sci"],"published-print":{"date-parts":[[2012,11]]},"DOI":"10.1007\/s10287-012-0153-3","type":"journal-article","created":{"date-parts":[[2012,9,11]],"date-time":"2012-09-11T08:18:11Z","timestamp":1347351491000},"page":"515-530","source":"Crossref","is-referenced-by-count":4,"title":["Credit spreads, endogenous bankruptcy and liquidity risk"],"prefix":"10.1007","volume":"9","author":[{"given":"Jianping","family":"Fu","sequence":"first","affiliation":[]},{"given":"Xingchun","family":"Wang","sequence":"additional","affiliation":[]},{"given":"Yongjin","family":"Wang","sequence":"additional","affiliation":[]}],"member":"297","published-online":{"date-parts":[[2012,9,12]]},"reference":[{"key":"153_CR1","doi-asserted-by":"crossref","first-page":"2597","DOI":"10.1016\/j.fss.2008.12.017","volume":"160","author":"E Agliardi","year":"2009","unstructured":"Agliardi E, Agliardi R (2009) Fuzzy defaultable bonds. Fuzzy Set Syst 160:2597\u20132607","journal-title":"Fuzzy Set Syst"},{"key":"153_CR2","doi-asserted-by":"crossref","first-page":"749","DOI":"10.1080\/14697680903222451","volume":"11","author":"R Agliardi","year":"2011","unstructured":"Agliardi R (2011) A comprehensive structural model for defaultable fixed-income bonds. Quant Financ 11:749\u2013762","journal-title":"Quant Financ"},{"key":"153_CR3","doi-asserted-by":"crossref","first-page":"37","DOI":"10.1093\/rfs\/9.1.37","volume":"9","author":"R Anderson","year":"1996","unstructured":"Anderson R, Sundaresan S (1996) Design and valuation of debt contracts. Rev Financ Stud 9:37\u201368","journal-title":"Rev Financ Stud"},{"key":"153_CR4","doi-asserted-by":"crossref","first-page":"255","DOI":"10.1016\/S0378-4266(99)00059-X","volume":"24","author":"R Anderson","year":"2000","unstructured":"Anderson R, Sundaresan S (2000) A comparative study of structural models of corporate bond yields: an exploratory investigation. J Bank Financ 24:255\u2013269","journal-title":"J Bank Financ"},{"key":"153_CR5","doi-asserted-by":"crossref","first-page":"351","DOI":"10.1111\/j.1540-6261.1976.tb01891.x","volume":"31","author":"F Black","year":"1976","unstructured":"Black F, Cox JC (1976) Valuing corporate securities: some effects of bond indenture provisions. J Financ 31:351\u2013367","journal-title":"J Financ"},{"key":"153_CR6","unstructured":"Delianedis G, Geske R (2001) The components of corporate credit spreads: default, recovery, tax, jumps, liquidity and market factors, working paper, University of California at Los Angeles"},{"key":"153_CR7","doi-asserted-by":"crossref","first-page":"633","DOI":"10.1111\/1468-0262.00208","volume":"69","author":"D Duffie","year":"2001","unstructured":"Duffie D, Lando D (2001) Term structures of credit spreads with incomplete accounting information. Econometrica 69:633\u2013664","journal-title":"Econometrica"},{"key":"153_CR8","doi-asserted-by":"crossref","first-page":"2219","DOI":"10.1111\/j.1540-6261.2006.01056.x","volume":"61","author":"J Ericsson","year":"2006","unstructured":"Ericsson J, Renault O (2006) Liquidity and credit risk. J Financ 61:2219\u20132250","journal-title":"J Financ"},{"key":"153_CR9","doi-asserted-by":"crossref","first-page":"2281","DOI":"10.1016\/j.jedc.2005.07.003","volume":"30","author":"K Giesecke","year":"2006","unstructured":"Giesecke K (2006) Default and information. J Econ Dyn Control 30:2281\u20132303","journal-title":"J Econ Dyn Control"},{"key":"153_CR10","doi-asserted-by":"crossref","first-page":"14","DOI":"10.3905\/jod.2004.434534","volume":"12","author":"K Giesecke","year":"2004","unstructured":"Giesecke K, Goldberg LR (2004) Forecasting default in the face of uncertainty. J Deriv 12:14\u201325","journal-title":"J Deriv"},{"key":"153_CR11","doi-asserted-by":"crossref","first-page":"483","DOI":"10.1086\/322893","volume":"74","author":"R Goldstein","year":"2001","unstructured":"Goldstein R, Ju N, Leland HE (2001) An EBIT-based model of dynamic capital structure. J Bus 74:483\u2013512","journal-title":"J Bus"},{"key":"153_CR12","volume-title":"Brownian motion and stochastic flow systems","author":"J Harrison","year":"1986","unstructured":"Harrison J (1986) Brownian motion and stochastic flow systems. Wiley, New York"},{"key":"153_CR13","doi-asserted-by":"crossref","first-page":"237","DOI":"10.1007\/s007800100058","volume":"6","author":"B Hilberink","year":"2002","unstructured":"Hilberink B, Rogers LCG (2002) Optimal capital structure and endogenous default. Financ Stoch 6:237\u2013263","journal-title":"Financ Stoch"},{"key":"153_CR14","doi-asserted-by":"crossref","unstructured":"Huang JZ, Huang M (2002) How much of the corporate-treasury yield spread is due to credit risk? A new calibration approach, working paper, Penn State University","DOI":"10.2139\/ssrn.307360"},{"key":"153_CR15","first-page":"1","volume":"2","author":"R Jarrow","year":"2004","unstructured":"Jarrow R, Protter P (2004) Structural versus reduced form models: a new information based perspective. J Invest Manag 2:1\u201310","journal-title":"J Invest Manag"},{"key":"153_CR16","doi-asserted-by":"crossref","first-page":"611","DOI":"10.1111\/j.1540-6261.1984.tb03649.x","volume":"39","author":"EP Jones","year":"1984","unstructured":"Jones EP, Mason SP, Rosenfeld E (1984) Contingent claims analysis of corporate capital structures: an empirical investigation. J Financ 39:611\u2013625","journal-title":"J Financ"},{"key":"153_CR17","doi-asserted-by":"crossref","first-page":"1213","DOI":"10.1111\/j.1540-6261.1994.tb02452.x","volume":"49","author":"HE Leland","year":"1994","unstructured":"Leland HE (1994) Corporate debt value, bond covenants, and optimal captital structure. J Financ 49:1213\u20131252","journal-title":"J Financ"},{"key":"153_CR18","doi-asserted-by":"crossref","first-page":"987","DOI":"10.1111\/j.1540-6261.1996.tb02714.x","volume":"51","author":"HE Leland","year":"1996","unstructured":"Leland HE, Toft K (1996) Optimal capital structure, endogenous bankruptcy, and the term structure of credit spreads. J Financ 51:987\u20131019","journal-title":"J Financ"},{"key":"153_CR19","doi-asserted-by":"crossref","first-page":"1767","DOI":"10.1111\/j.1540-6261.1995.tb05197.x","volume":"50","author":"FA Longstaff","year":"1995","unstructured":"Longstaff FA, Schwartz ES (1995) A simple approach to valuing risky fixed and floating rate debt. J Financ 50:1767\u20131774","journal-title":"J Financ"},{"key":"153_CR20","doi-asserted-by":"crossref","first-page":"113","DOI":"10.1093\/rfs\/14.1.113","volume":"14","author":"FA Longstaff","year":"2001","unstructured":"Longstaff FA, Schwartz ES (2001) Valuing American options by simulation: a simple least-aquares approch. Rev Financ Stud 14:113\u2013147","journal-title":"Rev Financ Stud"},{"key":"153_CR21","first-page":"449","volume":"29","author":"RC Merton","year":"1974","unstructured":"Merton RC (1974) On the pricing of corporate debt: the risk structure of interest rates. J Financ 29:449\u2013470","journal-title":"J Financ"},{"key":"153_CR22","doi-asserted-by":"crossref","first-page":"3","DOI":"10.21314\/JCR.2005.018","volume":"1","author":"P Tychon","year":"2005","unstructured":"Tychon P, Vannetelbosch V (2005) A model of corporate bond pricing with liquidity and marketability risk. J Credit Risk 1:3\u201335","journal-title":"J Credit Risk"},{"key":"153_CR23","doi-asserted-by":"crossref","first-page":"69","DOI":"10.3905\/jfi.2002.319326","volume":"2","author":"F Yu","year":"2002","unstructured":"Yu F (2002) Modeling expected return on defaultable bonds. J Fixed Income 2:69\u201381","journal-title":"J Fixed Income"},{"key":"153_CR24","doi-asserted-by":"crossref","first-page":"53","DOI":"10.1016\/j.jfineco.2004.07.002","volume":"75","author":"F Yu","year":"2005","unstructured":"Yu F (2005) Accounting transparency and the term structure of credit spreads. J Financ Econ 75:53\u201384","journal-title":"J Financ Econ"}],"container-title":["Computational Management Science"],"original-title":[],"language":"en","link":[{"URL":"http:\/\/link.springer.com\/content\/pdf\/10.1007\/s10287-012-0153-3.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"text-mining"},{"URL":"http:\/\/link.springer.com\/article\/10.1007\/s10287-012-0153-3\/fulltext.html","content-type":"text\/html","content-version":"vor","intended-application":"text-mining"},{"URL":"http:\/\/link.springer.com\/content\/pdf\/10.1007\/s10287-012-0153-3","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2019,7,3]],"date-time":"2019-07-03T18:16:02Z","timestamp":1562177762000},"score":1,"resource":{"primary":{"URL":"http:\/\/link.springer.com\/10.1007\/s10287-012-0153-3"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2012,9,12]]},"references-count":24,"journal-issue":{"issue":"4","published-print":{"date-parts":[[2012,11]]}},"alternative-id":["153"],"URL":"https:\/\/doi.org\/10.1007\/s10287-012-0153-3","relation":{},"ISSN":["1619-697X","1619-6988"],"issn-type":[{"value":"1619-697X","type":"print"},{"value":"1619-6988","type":"electronic"}],"subject":[],"published":{"date-parts":[[2012,9,12]]}}}