Niveau: Supérieur, Master
1 Université Paris 1 – UFR 02 Sciences Economiques MASTER 2 RECHERCHE MONNAIE, BANQUE, FINANCE The Liar Equilibrium in Naked Sovereign CDS Trading: A Financial Economic Approach ZHENG Qiaoyang Master?s thesis conducted under the direction of Gunther Capelle-Blancard, Professor of University Paris 1 University year 2010-2011 du m as -0 06 51 78 2, v er sio n 1 - 1 4 De c 20 11
- wrong cascading
- effect occurs
- cds
- naked sovereign
- country?s default
- cds trading
- underlying country
- short position holders