First Significant Digits and the Credit Derivative Market During the Financial Crisis

The Credit Default Swap (CDS) market has both been lauded for its ability to stabilize the financial system through credit risk transfers and been the source of regulatory concern due to its size and lack of transparency. As a decentralized over-the-counter market, detailed information about pricing...

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Bibliographic Details
Main Authors: Paul Hofmarcher, Kurt Hornik
Format: Article
Language:English
Published: VIZJA University 2013-06-01
Series:Contemporary Economics
Online Access:http://ce.vizja.pl/en/download-pdf/id/281
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