Publication:
The Role of Credit Default Swaps on Financial Market Stability

Simple item page
dc.contributor.authorTERZİ, NURAY
dc.contributor.authorsTerzi, Nuray; Ulucay, Korkmaz
dc.contributor.editorOzsahin, M
dc.date.accessioned2022-03-12T04:18:35Z
dc.date.accessioned2026-01-10T16:51:26Z
dc.date.available2022-03-12T04:18:35Z
dc.date.issued2011
dc.description.abstractThe role of credit default swaps (CDS) in the financial crisis has been debated among regulators, market participants and academics since early 2008. CDSs are derivative instruments which enable market participants to transfer or redistribute credit risk. However, the size of the CDS market, combined with its structural opacity, concentration and interconnectedness, may be a sign that the CDS market also poses a systemic risk to financial market stability. The purpose of the article is to investigate the role of credit default swaps on financial market stability. The impact of credit default swap markets on financial market stability crucially depends on market mechanisms, and capital-liquidity requirements in financial markets. (C) 2011 Published by Elsevier Ltd. Selection and/or peer-review under responsibility 7th International Strategic Management Conference
dc.identifier.doi10.1016/j.sbspro.2011.09.066
dc.identifier.issn1877-0428
dc.identifier.urihttps://hdl.handle.net/11424/223602
dc.identifier.wosWOS:000299617400083
dc.language.isoeng
dc.publisherELSEVIER SCIENCE BV
dc.relation.ispartofPROCEEDINGS OF 7TH INTERNATIONAL STRATEGIC MANAGEMENT CONFERENCE
dc.relation.ispartofseriesProcedia Social and Behavioral Sciences
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectCredit default swaps
dc.subjectfinancial market stability
dc.subjectsystemic risk
dc.subjectcounterparty risk
dc.titleThe Role of Credit Default Swaps on Financial Market Stability
dc.typeconferenceObject
dspace.entity.typePublication
oaire.citation.titlePROCEEDINGS OF 7TH INTERNATIONAL STRATEGIC MANAGEMENT CONFERENCE
oaire.citation.volume24

Files

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
file.pdf
Size:
350.36 KB
Format:
Adobe Portable Document Format
Download

Collections

Araştırma Çıktıları