arises, the debate is on. Derivatives especially, which are among the major innovations of the past thirty years, cause deep … concerns. In this paper, we propose a survey of the academic literature that has addressed the threats posed by derivatives. An … initial issue is the impact of derivatives on the volatility of the underlying assets, but empirical findings do not suggest …

In this paper, we propose a survey of the academic literature that has addressed the threats raised by derivatives. An … initial issue is the impact of derivatives on the volatility of the underlying assets, but empirical findings do not suggest … any significant effect. The recent literature on the dangers of derivatives is more concerned by systemic risks. Several …

category, starting with the simplest and building up to the most complex ¡ª namely, Forwards, Futures, Options and Swaps in …This book analyzes in depth all major derivatives debacles of the last half century including the multi-billion losses …), Soci¨¦t¨¦ G¨¦n¨¦rale (2008) and AIG (2008). It unlocks the secrets of derivatives by telling the stories of institutions …

de interés, divisas, entre otros. Existen diferentes tipos de derivados, entre ellos: futuros, forwards, opciones y swaps …

We investigate regulatory arbitrage during the G20's global derivatives market reform. Using hand-collected data on …