Idiosyncratic and Systemic Risk in the European Corporate Sector : A CDO Perspective /

Systemic risk remains a major concern to policymakers since widespread defaults in the corporate and financial sectors could pose substantial costs to society. Forward-looking measures and/or indicators of systemic default risk are thus needed to identify potential buildups of vulnerability in advan...

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Bibliographic Details
Main Author: Lu, Yinqiu
Other Authors: Chan-Lau, Jorge
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/107
Online Access:Full text available on IMF