Wosnitza, Jan Henrik; Denz, Cornelia - In: Physica A: Statistical Mechanics and its Applications 392 (2013) 17, pp. 3666-3681
We employ the log-periodic power law (LPPL) to analyze the late-2000 financial crisis from the perspective of critical phenomena. The main purpose of this study is to examine whether LPPL structures in the development of credit default swap (CDS) spreads can be used for default classification....