Kredit und Kreditrisiko -- Kreditderivate -- Der Credit Default Swap (CDS) -- Externes Rating, CDS und Informationseffi … zienz -- Asymmetrische Informationsverteilung am CDS-Markt -- CDS-, Anleihe- und Aktienmarkt -- Empirische Untersuchung zum … Zusammenhang des CDS— und Aktienmarktes sowie zur „private information hypothesis“ -- Schlussbetrachtung. …

. (2005) we test the theoretical equivalence of credit default swap (CDS) and spreads that dictates a CI relationship between … also domestic factors. The main hypothesis we test is to what extent spreads and CDS are indeed integrated that may result … find that spreads and CDS are cointegrated, though threshold effects are also revealed in terms of events that have …