OTC Derivatives and Global Economic Activity: An Empirical Analysis
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Robert C. Merton, 2005.
"Theory of rational option pricing,"
World Scientific Book Chapters, in: Sudipto Bhattacharya & George M Constantinides (ed.), Theory Of Valuation, chapter 8, pages 229-288,
World Scientific Publishing Co. Pte. Ltd..
- Robert C. Merton, 1973. "Theory of Rational Option Pricing," Bell Journal of Economics, The RAND Corporation, vol. 4(1), pages 141-183, Spring.
- Alan D. Morrison, 2005. "Credit Derivatives, Disintermediation, and Investment Decisions," The Journal of Business, University of Chicago Press, vol. 78(2), pages 621-648, March.
- Alan Morrison, 2000. "Credit Derivatives, Disintermediation and Investment Decisions," OFRC Working Papers Series 2001fe01, Oxford Financial Research Centre.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Oehmke, Martin & Zawadowski, Adam, 2015. "Synthetic or real? The equilibrium effects of credit default swaps on bond markets," LSE Research Online Documents on Economics 84511, London School of Economics and Political Science, LSE Library.
- Nicolò, Antonio & Pelizzon, Loriana, 2008.
"Credit derivatives, capital requirements and opaque OTC markets,"
Journal of Financial Intermediation, Elsevier, vol. 17(4), pages 444-463, October.
- Antonio Nicolo� & Loriana Pelizzon, 2006. "Credit Derivatives, Capital Requirements and Opaque OTC Markets," Working Papers 2006_58, Department of Economics, University of Venice "Ca' Foscari".
- Nijskens, Rob & Wagner, Wolf, 2011. "Credit risk transfer activities and systemic risk: How banks became less risky individually but posed greater risks to the financial system at the same time," Journal of Banking & Finance, Elsevier, vol. 35(6), pages 1391-1398, June.
- Allen, Franklin & Carletti, Elena, 2006.
"Credit risk transfer and contagion,"
Journal of Monetary Economics, Elsevier, vol. 53(1), pages 89-111, January.
- Allen, Franklin & Carletti, Elena, 2005. "Credit risk transfer and contagion," CFS Working Paper Series 2005/25, Center for Financial Studies (CFS).
- Fecht, Falko & Wagner, Wolf, 2009. "The marketability of bank assets, managerial rents and banking stability," Journal of Financial Stability, Elsevier, vol. 5(3), pages 272-282, September.
- Piskorski, Tomasz & Seru, Amit & Vig, Vikrant, 2010.
"Securitization and distressed loan renegotiation: Evidence from the subprime mortgage crisis,"
Journal of Financial Economics, Elsevier, vol. 97(3), pages 369-397, September.
- Vikrant Vig & Amit Seru & Tomasz Piskorski, 2009. "Securitization and Distressed Loan Renegotiation: Evidence from the Subprime Mortgage Crisis," 2009 Meeting Papers 1169, Society for Economic Dynamics.
- Norden, Lars & Wagner, Wolf, 2008.
"Credit derivatives and loan pricing,"
Journal of Banking & Finance, Elsevier, vol. 32(12), pages 2560-2569, December.
- Norden, L. & Wagner, W.B., 2007. "Credit Derivatives and Loan Pricing," Discussion Paper 2007-015, Tilburg University, Tilburg Law and Economic Center.
- González, Luís Otero & Rodríguez Gil, Luís Ignacio & Martorell Cunill, Onofre & Merigó Lindahl, José M., 2016. "The effect of financial innovation on European banks' risk," Journal of Business Research, Elsevier, vol. 69(11), pages 4781-4786.
- Robert Inklaar & J. Christina Wang, 2013.
"Real Output of Bank Services: What Counts is What Banks Do, Not What They Own,"
Economica, London School of Economics and Political Science, vol. 80(317), pages 96-117, January.
- Robert Inklaar & J. Christina Wang, 2011. "Real output of bank services: what counts is what banks do, not what they own," Working Papers 11-1, Federal Reserve Bank of Boston.
- Wang, J. Christina & Inklaar, Robert Christiaan, 2011. "Real Output of Bank Services: What Counts Is What Banks Do, Not What They Own," GGDC Research Memorandum GD-119, Groningen Growth and Development Centre, University of Groningen.
- Papanikolaou, Nikolaos I. & Wolff, Christian C.P., 2014.
"The role of on- and off-balance-sheet leverage of banks in the late 2000s crisis,"
Journal of Financial Stability, Elsevier, vol. 14(C), pages 3-22.
- Christian C.P. Wolff, & Nikolaos I. Papanikolaou, 2013. "The role of on- and off-balance-sheet leverage of banks in the late 2000s crisis," LSF Research Working Paper Series 13-13, Luxembourg School of Finance, University of Luxembourg.
- Ongena, Steven & Kara, Alper & Marqués-Ibáñez, David, 2011.
"Securitization and lending standards: evidence from the wholesale loan market,"
Working Paper Series
1362, European Central Bank.
- Kara, A. & Marques-Ibanez, D. & Ongena, S., 2011. "Securitization and Lending Standards : Evidence from the Wholesale Loan Market," Other publications TiSEM ebfb7c18-fcea-4bc4-9ff1-5, Tilburg University, School of Economics and Management.
- Kara, A. & Marques-Ibanez, D. & Ongena, S., 2011. "Securitization and Lending Standards : Evidence from the Wholesale Loan Market," Discussion Paper 2011-081, Tilburg University, Center for Economic Research.
- Kara, A. & Marques-Ibanez, D. & Ongena, S., 2011. "Securitization and Lending Standards : Evidence from the Wholesale Loan Market," Other publications TiSEM d82c3ad1-2bb3-4108-80cd-0, Tilburg University, School of Economics and Management.
- Martin, Xiumin & Roychowdhury, Sugata, 2015. "Do financial market developments influence accounting practices? Credit default swaps and borrowers׳ reporting conservatism," Journal of Accounting and Economics, Elsevier, vol. 59(1), pages 80-104.
- Arping, Stefan, 2014.
"Credit protection and lending relationships,"
Journal of Financial Stability, Elsevier, vol. 10(C), pages 7-19.
- Stefan Arping, 2012. "Credit Protection and Lending Relationships," Tinbergen Institute Discussion Papers 12-142/IV/DSF48, Tinbergen Institute.
- Silva Buston, Consuelo, 2016.
"Active risk management and banking stability,"
Journal of Banking & Finance, Elsevier, vol. 72(S), pages 203-215.
- Silva Buston, C.F., 2013. "Active Risk Management and Banking Stability," Discussion Paper 2013-068, Tilburg University, Center for Economic Research.
- Kara, Alper & Marques-Ibanez, David & Ongena, Steven, 2016.
"Securitization and lending standards: Evidence from the European wholesale loan market,"
Journal of Financial Stability, Elsevier, vol. 26(C), pages 107-127.
- Alper Kara & David Marques-Ibanez & Steven Ongena, 2015. "Securitization and lending standards: Evidence from the European wholesale loan market," International Finance Discussion Papers 1141, Board of Governors of the Federal Reserve System (U.S.).
- Affinito, Massimiliano & Tagliaferri, Edoardo, 2010.
"Why do (or did?) banks securitize their loans? Evidence from Italy,"
Journal of Financial Stability, Elsevier, vol. 6(4), pages 189-202, December.
- Massimiliano Affinito & Edoardo Tagliaferri, 2010. "Why do (or did?) banks securitize their loans? Evidence from Italy," Temi di discussione (Economic working papers) 741, Bank of Italy, Economic Research and International Relations Area.
- Kiff, John & Kisser, Michael, 2014.
"A shot at regulating securitization,"
Journal of Financial Stability, Elsevier, vol. 10(C), pages 32-49.
- Kiff, John & Kisser, Michael, 2011. "A Shot at Regulating Securitization," Discussion Papers 2011/7, Norwegian School of Economics, Department of Business and Management Science.
- Batchimeg Sambalaibat, 2012. "Credit Default Swaps and Sovereign Debt with Moral Hazard and Debt Renegotiation," 2012 Meeting Papers 1093, Society for Economic Dynamics.
- Mayordomo, Sergio & Rodriguez-Moreno, Maria & Peña, Juan Ignacio, 2014.
"Derivatives holdings and systemic risk in the U.S. banking sector,"
Journal of Banking & Finance, Elsevier, vol. 45(C), pages 84-104.
- MarÃa RodrÃguez-Moreno & Sergio Mayordomo & Juan Ignacio Peña, 2012. "Derivatives Holdings and Systemic Risk in the U.S. Banking Sector," Faculty Working Papers 21/12, School of Economics and Business Administration, University of Navarra.
- Sergio Mayordomo & Maria Rodriguez-Moreno & Juan Ignacio Pe~na, 2022. "Derivatives Holdings and Systemic Risk in the U.S. Banking Sector," Papers 2202.02254, arXiv.org.
- Roman Inderst & Sebastian Pfeil, 2013.
"Securitization and Compensation in Financial Institutions,"
Review of Finance, European Finance Association, vol. 17(4), pages 1323-1364.
- Inderst, Roman & Pfeil, Sebastian, 2010. "Securitization and Compensation in Financial Institutions," CEPR Discussion Papers 8089, C.E.P.R. Discussion Papers.
More about this item
Keywords
over the counter derivatives; economic activity; cointegration;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jjrfmx:v:10:y:2017:i:2:p:13-:d:101437. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.