J
Jens Hilscher
Researcher at University of California, Davis
Publications - 36
Citations - 4998
Jens Hilscher is an academic researcher from University of California, Davis. The author has contributed to research in topics: Debt & Credit risk. The author has an hindex of 19, co-authored 32 publications receiving 4506 citations. Previous affiliations of Jens Hilscher include State Street Global Advisors & Brandeis University.
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In Search of Distress Risk
TL;DR: In this paper, the determinants of corporate failure and the pricing of financially distressed stocks using US data over the period 1963 to 2003 were explored and the most persistent firm characteristics, market capitalization, the market-book ratio, and equity volatility become relatively more significant.
Journal ArticleDOI
In Search of Distress Risk
TL;DR: In this article, the authors explore the determinants of corporate failure and the pricing of financially distressed stocks whose failure probability, estimated from a dynamic logit model using accounting and market variables, is high.
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In Search of Distress Risk
TL;DR: In this paper, the determinants of corporate failure and the pricing of financially distressed stocks using US data over the period 1963 to 2003 were explored and the most persistent firm characteristics, market capitalization, the market-book ratio, and equity volatility become relatively more significant.
Journal ArticleDOI
Determinants of Sovereign Risk: Macroeconomic Fundamentals and the Pricing of Sovereign Debt
Jens Hilscher,Yves Nosbusch +1 more
TL;DR: This article investigated the effects of macroeconomic fundamentals on emerging market sovereign credit spreads and found that the volatility of terms of trade in particular has a statistically and economically significant effect on spreads, even controlling for global factors and credit ratings.
Journal ArticleDOI
Determinants of Sovereign Risk: Macroeconomic Fundamentals and the Pricing of Sovereign Debt
Jens Hilscher,Yves Nosbusch +1 more
TL;DR: This article investigated the effects of macroeconomic fundamentals on emerging market sovereign credit spreads and found that the volatility of terms of trade in particular has a statistically and economically significant effect on spreads, even controlling for global factors and credit ratings.