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    Credit derivatives

    Credit derivatives are instruments used to measure, manage, and transfer credit risk. Recently, there has been an explosive growth in the use of these instruments in the financial markets. This article reviews...

    Ren-Raw Chen, **g-Zhi Huang in Encyclopedia of Finance (2006)

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    Reference Work Entry In depth

    Credit Derivatives

    Credit derivatives are instruments used to measure, manage, and transfer credit risk. Recently, there has been an explosive growth in the use of these instruments in the financial markets. This article reviews...

    Ren-Raw Chen, **g-Zhi Huang in Encyclopedia of Finance (2013)

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    Reference Work Entry In depth

    Credit Risk Modeling: A General Framework

    The two well-known approaches for credit risk modeling, structural and reduced form approaches, have their advantages and disadvantages. Due to the fundamentally different assumptions of the two approaches, th...

    Ren-Raw Chen in Encyclopedia of Finance (2013)