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  • Mechanics and Empirical Evidence on Benefits, Costs, and Inter-Market Relations
    Christopher L. Culp; Andria van der Merwe; Bettina J. Stärkle
    978-3-319-93076-3
    2018
    Edition 1
    • Reviews the academic empirical literature on how CDSs actually work in practice, including during distressed times of market crises
    • Discusses of the mechanics of single-name and index CDSs
    • Explores the theoretical costs and benefits of CDS
    • Unveils a comprehensive summary of the empirical evidence on important aspects of these instruments of risk transfer

    €280

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