The cross-section of expected corporate bond returns: Betas or characteristics?

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Subfields: Finance

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Climate Change News Risk and Corporate Bond Returns (2020, unknown): “…to hedging demands, the effect should be time-varying (Bloom (2009), 2Studies on the cross-sectional determinants of corporate bond returns include Gebhardt, Hvidkjaer, and Swaminathan (2005), Bessembinder, Kahle, Maxwell, and Xu (2008), Lin, Wang, and Wu (2011), Feldhütter (2012), Jostova,…”
Corporate Bond Credit Spreads and Forecast Dispersion (2010, unknown): “6 Other recent studies by, for example, Elton et al. (2001), Eom et al. (2004) and Gebhardt et al. (2005) also rely on the LFID.”
Comparing Possible Proxies of Corporate Bond Liquidity (2003, methodology): “As recommended by Gebhardt et al. (2001), we analyze the added value of incorporating characteristics into the model.”
Liquidity risk and expected corporate bond returns (2011, background): “The literature has presented several stock market and term structure factors important for the cross section of asset returns (see, for example, Fama and French, 1992, 1993; Gebhardt, Hvidkjaer, and Swaminathan, 2005a).”
Are Liquidity and Information Risks Priced in the Treasury Bond Market (2009, background): “In a more recent study, Gebhardt, Hvidkjaer, and Swaminathan (2005) use these two term structure factors and individual bond characteristics to explain the cross-section of expected corporate bond returns.”