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The article examines causal relationships between sovereign credit default swaps (CDS) prices for the BRICS and most … dimensions, the BRICS CDS prices tend to Granger cause those of the EU counterparts with the exception of Germany. Italy and … Spain exhibit the highest dependence on the BRICS, whereas only India has a negative balance of outgoing and incoming causal …
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The article examines causal relationships between sovereign credit default swaps (CDS) prices for the BRICS and most … test in the frequency domain are used in the research. Both tests reveal limited dependence of the BRICS CDS (especially …
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