The Future Development of Credit Derivatives in China from the View of Financial Crisis
Acting as the stimulus, amplifier and accelerator in current financial crisis, credit derivatives incur much criticism. After reviewing credit derivatives roles in the financial crisis, people are thinking, after the crisis, whether credit derivatives will be completely replaced, whether credit derivatives will be back to nature, and whether better supervision system thereof would be more in place? Clear understanding of these issues will help us to explore the development of credit derivatives in the future times and construct better supervision system.
credit derivatives financial crisis credit risk
Leiyu Kang
Economic Management School Beihang University Beijing, 100083, China
国际会议
北京
英文
799-802
2009-07-24(万方平台首次上网日期,不代表论文的发表时间)