caa a22 4500 386308977 CHVBK 20180307111538.0 cr unu---uuuuu 161130e198803 xx s 000 0 eng 10.2307/2331028 doi S0022109000012965 pii (NATIONALLICENCE)cambridge-10.2307/2331028 Rodriguez Ricardo J. Default Risk, Yield Spreads, and Time to Maturity [Elektronische Daten] [Ricardo J. Rodriguez] This paper extends the default model of yield spreads for bonds by showing that, in general, they are a complex function of maturity and, in particular, are not always monotonically increasing, contrary to what one traditional view suggests. Our results may help explain the apparently conflicting empirical results found in the literature. Copyright © School of Business Administration, University of Washington 1988 Journal of Financial and Quantitative Analysis Cambridge University Press 23/1(1988-03), 111-117 0022-1090 23:1<111 1988 23 JFQ https://doi.org/10.2307/2331028 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.2307/2331028 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Rodriguez Ricardo J. NATIONALLICENCE 773 0- Journal of Financial and Quantitative Analysis Cambridge University Press 23/1(1988-03), 111-117 0022-1090 23:1<111 1988 23 JFQ CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-cambridge