spreads, and bond liquidity measures including Bond-CDS spreads and bid-ask spreads in the data. Through a structural … and up to 55% of the credit spread changes over the business cycle. As an application, we use this framework to …

Increased competition from the internet has raised concerns about the quality of prescription drugs sold online. Given … the pressure from the Department of Justice, Google agreed to ban pharmacies not certified by the National Association of …

credit default swap (CDS) spreads of emerging market sovereigns around the outbreak of COVID-19. Using 2014-2019 data, we … positively associated with the CDS spreads. The evidence suggests that the epidemiological deterioration can lower confidence in … also hold for a single regression of daily spread changes during 2014-2020 …

-way feedback between financial and sovereign credit risk using data on the credit default swaps (CDS) of the Eurozone countries for … widening of sovereign CDS spreads and narrowing of bank CDS spreads; however, post-bailouts there emerged a significant co …-movement between bank CDS and sovereign CDS, even after controlling for banks' equity performance, the latter being consistent with an …

influence on corporate credit risks. All else equal, a 100 basis points increase in the sovereign CDS spread leads to an … strong property rights protection. Using a novel credit default swaps (CDS) dataset covering both government and corporate … increase in corporate CDS spreads by 71 basis points. (2) The sovereign-corporate relation varies across corporations, with …