The Effect of Credit Derivatives on Financial Stability
Due to the recent financial turmoil, questions have been raised about the impact of complex financial products, like credit derivatives, on financial stability. The academic literature however does not provide a clear answer to this question. This paper empirically links the stability of the financi...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Tuwhera Open Access Publisher
2016-07-01
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Series: | Applied Finance Letters |
Subjects: | |
Online Access: | https://ojs.aut.ac.nz/applied-finance-letters/article/view/6 |