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Fact or fiction: Implicit government guarantees in China’s corporate bond market. (2021). Wang, Yulin ; Zhang, Xueying ; Walker, Thomas.
In: Journal of International Money and Finance.
RePEc:eee:jimfin:v:116:y:2021:i:c:s0261560621000656.

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Cited: 27

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  1. Mitigating financing constraints under economic uncertainty: The role of implicit government guarantees in China. (2025). Zhou, Tiran ; Du, Anna Min ; Wei, NA ; Bi, Sifeng.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:76:y:2025:i:c:s0275531925000753.

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  2. The dual effect of upper-level government implicit guarantees on subordinate municipal corporate bond credit risk: An empirical analysis. (2025). Zhang, Ruifeng ; Ji, Xiaoqing ; Cao, Xiao ; Li, Yuhang ; Gu, Runsheng.
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:91:y:2025:i:c:s0927538x25000964.

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  3. Chinas debt market: Evolution, regulation, and global integration. (2025). Zhou, Qing ; Qian, Meijun ; Cheng, Feiyang ; Gao, Haoyu ; Pan, Xiaofei.
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:91:y:2025:i:c:s0927538x25000885.

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  4. When expectations of implicit government guarantees diminished, do retail stock investors run away?. (2025). Zou, Hong ; Zhuo, Zhi ; Tang, Lin.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:175:y:2025:i:c:s037842662500038x.

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  5. Transmission effects of real estate risk on municipal bond spreads. (2025). Ye, Sisi ; Li, Changzheng ; Ding, Yan.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:78:y:2025:i:c:s1544612325005082.

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  6. Transmission of guarantor risk and its influence on bond credit spreads. (2025). Liang, Shenbao.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:76:y:2025:i:c:s1544612325002673.

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  7. Corporate bond defaults and cross-regional investment: Evidence from China. (2025). Hu, Xun ; Xue, Cheng ; Zhao, Xiangfang.
    In: Economic Analysis and Policy.
    RePEc:eee:ecanpo:v:85:y:2025:i:c:p:1514-1533.

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  8. Risk mitigation strategies in urban investment bonds: Insights from local government implicit debt governance. (2024). Zhao, Zhongchao ; Sha, Yifan ; Ding, Lili ; Wang, Lei.
    In: Structural Change and Economic Dynamics.
    RePEc:eee:streco:v:70:y:2024:i:c:p:607-618.

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  9. The impact of readability of risk disclosures in bond prospectuses on credit risk premium. (2024). Li, Zhan ; Yao, Yanzhen ; Chen, Meiqi ; Wei, LU ; Jing, Haozhe.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:70:y:2024:i:pa:s027553192400103x.

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  10. Local government debt and corporate tax avoidance: Evidence from China. (2024). Shen, Zhihan ; Zhang, Ruipeng ; Li, Peigong.
    In: International Review of Economics & Finance.
    RePEc:eee:reveco:v:93:y:2024:i:pa:p:985-1000.

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  11. Understanding the local government debt in China. (2024). Qian, Meijun ; Geng, Xin.
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:86:y:2024:i:c:s0927538x24002075.

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  12. Understanding local government debt financing of infrastructure projects in China: Evidence based on accounting data from local government financing vehicles. (2024). Wang, Ziyou ; Wu, Robert Liangqi.
    In: Land Use Policy.
    RePEc:eee:lauspo:v:136:y:2024:i:c:s0264837723004301.

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  13. International exposure and the transmission of financial shocks: Evidence from China. (2024). Zhang, Penglong ; Hu, Yushan.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:149:y:2024:i:c:s0261560624001682.

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  14. Do repeated government infusions help financial stability? Evidence from an emerging market. (2024). Morohunfolu, Olaleye ; Kalimipalli, Madhu ; Ramachandran, Shankar.
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:75:y:2024:i:c:s1572308924001190.

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  15. Does the impact of credit rating downgrade on bond returns vary by region: Empirical evidence from China. (2024). Zhang, Lin ; Liu, Guanhua ; Shan, Junhui.
    In: Finance Research Letters.
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  16. Local officials’ sentiment and government financing cost: Evidence from Chengtou bonds in China. (2024). Ren, Zhaoyue ; Huang, Yongjian ; Xiong, Yang.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:63:y:2024:i:c:s1544612324003908.

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  17. Corporate financialization and the spread of issuing bonds. (2024). Yu, Zhiyang ; Ye, Ying ; Wang, Canghong.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:59:y:2024:i:c:s1544612323011704.

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  18. Air pollution and issuance credit spread of municipal investment bond. (2024). Cao, Liyuan ; Zhang, Yongji ; Wang, KE ; Su, Zhi ; Lan, Minghui.
    In: Energy Economics.
    RePEc:eee:eneeco:v:139:y:2024:i:c:s0140988324005747.

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  19. High-speed rail and local government financing cost: Evidence from China. (2024). Wei, xiaokun ; Ruan, Qingsong ; Lv, Dayong.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:131:y:2024:i:c:s0264999323004303.

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  20. Quenching thirst, easing debt: Improvement in water resource endowment alleviates local government debt risk. (2024). Yu, Enping ; Ni, Zhongxin ; Dai, Wei.
    In: China Economic Review.
    RePEc:eee:chieco:v:88:y:2024:i:c:s1043951x24001913.

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  21. The impact of air pollution on cost of debt: Evidence from corporate bond markets. (2024). Cao, Youdan ; Hu, Xiaolu ; Zhong, Angel ; Wang, Wenlan.
    In: Accounting and Finance.
    RePEc:bla:acctfi:v:64:y:2024:i:4:p:3495-3533.

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  22. Adaptable state-controlled market actors: Underwriters and investors in the market of local government bonds in China. (2023). Li, Zhenfa ; Wu, Fulong ; Zhang, Fangzhu.
    In: Environment and Planning A.
    RePEc:sae:envira:v:55:y:2023:i:8:p:2088-2107.

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  23. The flight to safety during credit recovery: The role of implicit government guarantees. (2023). Wang, Zhiqiang ; Li, Yifei ; Liu, Tianming ; Xiong, Haifang.
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:79:y:2023:i:c:s0927538x23000793.

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  24. Governments implicit guarantee and the credit spread of the quasi-municipal bonds. (2023). Zhang, KE.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:55:y:2023:i:pa:s1544612323002337.

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  25. ESG rating confusion and bond spreads. (2023). Zou, Jin ; Yan, Jingzhou ; Deng, Guoying.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:129:y:2023:i:c:s026499932300367x.

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  26. Spatio-Temporal Evolution and Influencing Factors of Open Economy Development in the Yangtze River Delta Area. (2022). Wang, Ziyi ; Zhang, Jie ; Sun, Dongqi ; Ma, Debin.
    In: Land.
    RePEc:gam:jlands:v:11:y:2022:i:10:p:1813-:d:944071.

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  27. Distance, information and bank lending in China. (2022). Wang, Xiaoming ; Zou, Yang.
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:74:y:2022:i:c:s0927538x22000889.

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    RePEc:nbr:nberwo:25297.

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  38. Corporate Foreign Bond Issuance and Interfirm Loans in China. (2018). Portes, Richard ; Panizza, Ugo ; Huang, Yi.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:24513.

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  39. The Impact of Public Debt on Private Investment: Sri Lankan Experience. (2018). Sri, J G ; H. R. A. Chamini Thilanka, .
    In: International Journal of Business and Social Research.
    RePEc:mir:mirbus:v:8:y:2018:i:8:p:1-10.

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  40. The Impact of Public Debt on Private Investment: Sri Lankan Experience. (2018). Sri, J G ; H. R. A. Chamini Thilanka, .
    In: International Journal of Business and Social Research.
    RePEc:lrc:larijb:v:8:y:2018:i:8:p:1-10.

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  41. Corporate foreign bond issuance and interfirm loans in China. (2018). Portes, Richard ; Panizza, Ugo ; Huang, YI.
    In: IHEID Working Papers.
    RePEc:gii:giihei:heidwp06-2018.

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  42. Capability and opportunism: Evidence from city officials in China. (2018). Yao, Yang ; Yang, Tian ; Zhang, Muyang.
    In: Journal of Comparative Economics.
    RePEc:eee:jcecon:v:46:y:2018:i:4:p:1046-1061.

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  43. Anti-corruption effects on the credit risk of local financing vehicles and the pricing of Chengtou bonds: Evidence from a quasi-natural experiment in China. (2018). Qian, Ningyu.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:26:y:2018:i:c:p:162-168.

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  44. Holding the market under the stimulus plan: Local government financing vehicles land purchasing behavior in China. (2018). Huang, Zhonghua ; Du, Xuejun.
    In: China Economic Review.
    RePEc:eee:chieco:v:50:y:2018:i:c:p:85-100.

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  45. Land financing and economic growth: Evidence from Chinese counties. (2018). Mo, Jiawei.
    In: China Economic Review.
    RePEc:eee:chieco:v:50:y:2018:i:c:p:218-239.

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  46. Monetary policy transmission in systemically important economies and China’s impact. (2018). Siklos, Pierre ; Xie, Xiangyou ; Lombardi, Domenico.
    In: Journal of Asian Economics.
    RePEc:eee:asieco:v:59:y:2018:i:c:p:61-79.

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  47. Corporate foreign bond issuance and interfirm loans in China. (2018). Portes, Richard ; Panizza, Ugo ; Huang, YI.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:12865.

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  48. The Financing of Local Government in China: Stimulus Loan Wanes and Shadow Banking Waxes. (2017). Liu, Chun ; He, Zhiguo ; Chen, Zhuo.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:23598.

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  49. Chinas Gradualistic Economic Approach and Financial Markets. (2017). Xiong, Wei ; Brunnermeier, Markus ; Sockin, Michael.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:23194.

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  50. Local Government Debt and Firm Leverage: Evidence from China. (2017). Shi, Kang ; Liang, Yousha ; Wang, Lisheng ; Xu, Juanyi.
    In: Asian Economic Policy Review.
    RePEc:bla:asiapr:v:12:y:2017:i:2:p:210-232.

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