Credit default swaps (CDS) and loan financing
As evidenced by its market size, credit default swaps (CDSs) has been the cornerstone product of the credit derivatives market. The central question that I attempt to answer in this thesis is: why and how does the introduction of CDS market affect bank loan financing? Theoretical works predict some...
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Language: | English |
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The University of Hong Kong (Pokfulam, Hong Kong)
2013
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Online Access: | http://hdl.handle.net/10722/192820 |