An information link exists between the credit default swap (CDS) and equity markets. The CDS spread is an observable price of a reference firm's credit risk. Th

Important contribution of this book is testing the investors’ influence and accounting information on the Bulgarian capital markets and their relations with c

This paper analyzes the dynamic relationship between CDS spreads and stock market implied credit spreads (ICS) for a large international set of companies during

Filled with the insights of numerous experienced contributors, Structured Products and Related Credit Derivatives takes a detailed look at the various aspects o

This paper attempts to identify the fundamental variables that drive the credit default swaps during the initial phase of distress in selected European Large Co