دراسات اقتصادية
Volume 2, Numéro 1, Pages 109-140
2015-12-31
Credit Default Swaps (cds) And Their Impact On Financial Stability
الكاتب : Mekhelfi Sarah Kawther .
الملخص
One of the most important financial developments in the recent decades is credit derivatives, as they revolutionized risk management trends. The market of Credit Default Swaps (CDS), the main type of credit derivatives, has experienced an explosive growth in the past. CDS have existed since the early 1990’s and the market size increased tremendously to reach its peak at the end of 2007. The recent global financial crisis has revealed some shortcomings in CDS market practices and structure. This research explores credit derivatives through CDS and their effects on financial stability and on generating systemic risk.
الكلمات المفتاحية
Credit Derivatives, Credit Default Swaps, Financial Stability, Systemic Risk.
مقالات مماثلة
Bennamoun Hamadou
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ص 193-206.
Hamadou Bennamoun
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ص 111-122.
Mohammed Amin Beneddine
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Tahar Latrech
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pages 337-357.
بوسالم أبو بكر
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المزاودة رياض
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ص 158-171.
Bennacer Amal
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Bouressace Widad
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pages 765-779.
