Essays about: "Aliaksandra Vashkevich"

Found 2 essays containing the words Aliaksandra Vashkevich.

1. 1. RELATIONSHIP BETWEEN SOVEREIGN CREDIT DEFAULT SWAP AND STOCK MARKETS- The Case of East Asia     

   University essay from Företagsekonomi; Handelshögskolan vid Umeå universitet (USBE)

   Author : Serkalem Tilahun Basazinew; Aliaksandra Vashkevich; [2013]
   Keywords : sovereign credit risk; credit default swap; stock index; Merton model; price discovery; capital structure arbitrage; emerging market.;

   Abstract : When adjusted to sovereign entities, the structural credit risk model assumes a negative (positive) relationship between sovereign CDS spreads and stock prices (volatilities). In theory both markets are supposed to incorporate new information simultaneously. READ MORE

3. 2. Credit Default Swap in a financial portfolio: angel or devil? : A study of the diversification effect of CDS during 2005-2010.

   University essay from Handelshögskolan vid Umeå universitet

   Author : Aliaksandra Vashkevich; Dong Wei Hu; [2010]
   Keywords : credit risk; credit derivative; credit default swap; credit spreads; portfolio diversification; investor;

   Abstract : Credit derivative market has experienced an exponential growth during the last 10 years with credit default swap (CDS) as an undoubted leader within this group. CDS contract is a bilateral agreement where the seller of the financial instrument provides the buyer the right to get reimbursed in case of the default in exchange for a continuous payment expressed as a CDS spread multiplied by the notional amount of the underlying debt. READ MORE