Credit Default Swaps and the Credit Crisis
NBER Working Paper No. 15384
---- Acknowledgements -----
I am grateful for comments from Viral Acharya, Harry DeAngelo, Bernadette Minton, Til Shuermann, and Andrei Shleifer. I thank Mike Anderson and Jérôme Taillard for assistance. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.