Essays in Financial Economics: Currency Risk and Pricing Kernal Volatility, CDS and Sovereign Bond Market Liquidity, CDS as Sovereign Debt Collateral
Essay 1: CDS and Sovereign Bond Market Liquidity During the recent debt crisis in Europe, policy makers responded to the controversy surrounding CDS by implementing a series of policies that banned CDS trading. I use these bans as quasi-natural experiments to identify how derivative markets affect l...
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| Format: | Others |
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Research Showcase @ CMU
2014
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| Online Access: | http://repository.cmu.edu/dissertations/351 http://repository.cmu.edu/cgi/viewcontent.cgi?article=1351&context=dissertations |