paper of the thesis transfers the use of multivariate transition functions to the panel smooth transition regression model …. The second paper of the thesis proposes the use of panel smooth transition regression models with heterogeneous and … multivariate transition functions. Credit default swap pricing is used as an empirical application. The previously introduced …

A timely guide to understanding and implementing credit derivatives Credit derivatives are here to stay and will …? And what lessons can be learned from the credit mess? Credit Risk Frontiers offers answers to these and other questions by … subject from a real world perspective, tackling issues such as liquidity, poor data, and credit spreads, as well as the latest …