A look at credit default swaps and their impact on the European debt crisis
Bryan J. Noeth and
Rajdeep Sengupta
The Regional Economist, 2012, issue Apr
Abstract:
Did you know that buying a credit default swap can be like buying insurance on your neighbor?s car?and then getting paid when that neighbor has an accident? Learn the ABCs of CDS, and find out why they are so important to any discussion of the European debt crisis.
Keywords: Credit; Financial crises; Europe (search for similar items in EconPapers)
Date: 2012
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