The Impact of Stock Markets, Interest Rates, and Exchange Rates on Credit Default Swap Premiums: Evidence from Advanced and Emerging Economies
AbstractThis study aim to how bond yields, yield curves, exchange rates, stock indices, and market volatility impact on Credit Default Swap (CDS) spreads. This study tries to reach a larger sample size by using weekly data from 33 countries account for about 77% of the world’s GDP. CDS determinants are identified by co...