Menounos, Georgios; Alexiou, Constantinos; Vogiazas, Sofoklis
(Wiley, 2018-10-12)
In this paper, we focus on investing in U.S. high‐yield bonds during the period 2007–2013, a period that covers the Great Recession in the aftermath of the global financial crisis of 2007–2008. First, we use the Fama and ...