ListarCOFIN_Articles por tema "Risk premium"
Mostrando ítems 1-2 de 2
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On the compensation for illiquidity in sovereign credit markets
Elsevier (2015-03)This article analyzes the role of liquidity in the sovereign credit default swap (CDS) market. We employ a continuous-time specification to incorporate illiquidity as an additional pricing factor of default swap contracts ... -
Re-examining the risk-return relationship in Europe: Linear or non-linear trade-off?
(2015-07-02)This paper analyzes the risk–return trade-off in Europe using recent data from 11 European stock markets. After relaxing the linear assumptions in the risk–return relationship by introducing a new approach that considers ...
