Bannier, Christina E.; Heidorn, Thomas; Vogel, Heinz-Dieter - In: The Journal of Risk Finance 15 (2014) 5, pp. 482-509
Purpose – This paper aims to provide an overview of the market for corporate and sovereign credit default swaps (CDS), with particular focus on Europe. It studies whether the subprime crisis of 2007/2008 and, particularly, the European debt crisis 2009/2010 led to a differential development on...