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...

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Bibliographic Details
Main Authors: Richard van Ofwegen, Willem F.C. Verschoor, Remco C.J. Zwinkels
Format: Article
Language:English
Published: Tuwhera Open Access Publisher 2016-07-01
Series:Applied Finance Letters
Subjects:
Online Access:https://ojs.aut.ac.nz/applied-finance-letters/article/view/6