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Explaining the demand for structured financial products: survey and field experiment evidence

✍ Scribed by Marc Oliver Rieger; Thorsten Hens


Book ID
113085570
Publisher
Springer-Verlag
Year
2012
Tongue
English
Weight
463 KB
Volume
82
Category
Article
ISSN
0044-2372

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## Abstract This study analyzes bank margins in the German secondary market for exchange‐traded structured financial products, with particular emphasis on the influence of banks' credit risk. A structural model allowing for the incorporation of correlation effects between market and credit risk is