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Identifying empty creditors with a shock and micro-data

Degryse, Hans; Gündüz, Yalın; O'Flynn, Kuchulain; … - 2021

the bankruptcy code in Germany that effectively removes their potential impact on CDS firms. Using a unique dataset on …

Persistent link: https://www.econbiz.de/10012697959

Dynamic screening with verifiable bankruptcy

Krähmer, Daniel; Strausz, Roland - 2022

bankruptcy as a verifiable event that occurs whenever the agent makes a per period loss. This leads to less stringent truth …

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The optimal mix of business entities : the value of partial limited liability

Kraizberg, Elli - 1989

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Labour contracts with firms subject to debt default penalties

Farrow, Raymond J. - 1986 - Rev.

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Koziol, Christian; Koziol, Philipp; Schön, Thomas - 2014

Correlated defaults and systemic risk are clearly priced in credit portfolio securities such as CDOs or index CDSs. In this paper we study an extensive CDX data set for evidence whether correlated defaults are also present in the underlying CDS market. We develop a cash flow based top-down...