IDEAS home Printed from https://ideas.repec.org/a/rnp/ecopol/1066.html
   My bibliography  Save this article

Credit default Swaps and the Credit Crisis

Author

Listed:
  • Stulz, Rene

    (University of Columbus)

Abstract

The focus of the paper is on how credit default swaps may have contributed to the credit crisis. The author reviews the mechanisms of credit default swaps in their straightforward use — providing insurance against the defaults of individual companies — before turning to how they were used to take positions on subprime mortgages. He examines the size and growth of the credit default swap market an then turns arguments as to how credit default swaps may have contributed to the crisis.

Suggested Citation

  • Stulz, Rene, 2010. "Credit default Swaps and the Credit Crisis," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 157-175.
  • Handle: RePEc:rnp:ecopol:1066
    as

    Download full text from publisher

    File URL: ftp://w82.ranepa.ru/rnp/ecopol/1066.pdf
    Download Restriction: no

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:rnp:ecopol:1066. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (RANEPA maintainer). General contact details of provider: http://edirc.repec.org/data/aneeeru.html .

    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.

    We have no references for this item. You can help adding them by using 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.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.