Distressed debt prices and recovery rate estimation

ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*

Robert C. Merton · The Journal of Finance · 1974 · 11K citations · Full text

Business, Finance, Asset Pricing +16

Modeling Term Structures of Defaultable Bonds

Darrell Duffie, Kenneth J. Singleton · Review of Financial Studies · 1999 · 2.6K citations

Business, Economics, Finance +16

Pricing Derivatives on Financial Securities Subject to Credit Risk

Robert A. Jarrow, Stuart M. Turnbull · The Journal of Finance · 1995 · 2K citations

Business, Economics, Finance +17

The Link between Default and Recovery Rates: Theory, Empirical Evidence, and Implications*

Edward I. Altman, Brooks Brady, Andrea Resti et al. · The Journal of Business · 2005 · 787 citations · Full text

Business, Economics, Finance +16

Does industry-wide distress affect defaulted firms? Evidence from creditor recoveries

Viral V. Acharya, Sreedhar T. Bharath, Anand Srinivasan · Journal of Financial Economics · 2007 · 745 citations

Business, Finance, Financial Management +12