The Risks and Benefits of Credit Default Swaps and the Impact of a New Regulatory Environment

ISBN-13: 9783258078854 / Angielski / Miękka / 2014 / 134 str.

Christoph Theis

Opis

Are credit default swaps (CDS) weapons of mass destruction? Since the breakout of the current financial crisis, CDS are being perceived as a double-edged sword. The present study analyzes the theorized and empirically evidenced risks and benefits of using CDS and the impact of new regulatory requirements on the CDS market and its participants.