Credit Default Swaps Mechanics and Empirical Evidence on Benefits, Costs, and Inter-Market Relations / by Christopher L. Culp, Andria van der Merwe, Bettina J. Stärkle.
This book, unique in its composition, reviews the academic empirical literature on how CDSs actually work in practice, including during distressed times of market crises. It also discusses the mechanics of single-name and index CDSs, the theoretical costs and benefits of CDSs, as well as comprehensi...
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