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In this paper, we perform a robust analysis of the determinants of US swap spreads using a wide range of theoretically motivated candidate factors. We conduct an analysis in the frequency domain to see how the impacts of the candidate factors on the swap spread differ between different horizons....
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The outset for this thesis is the contemporary risk management concept of Enterprise Risk Management (ERM). ERM has for … life. The idea of managing or controlling risk is however not new. The development of statistics and the calculation of … perspective of classical risk management, transformed uncertainty into predictable risk. Such linkages are utilized in many places …
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