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...

Full description

Bibliographic Details
Main Authors: Shan, Chenyu., 陜晨煜.
Other Authors: Tang, Y
Language:English
Published: The University of Hong Kong (Pokfulam, Hong Kong) 2013
Subjects:
Online Access:http://hdl.handle.net/10722/192820