CREDIT DEFAULT SWAP AND LIQUIDITY

The recent global economic downturn that erupted in the mid 2007 saw an increase of the Credit Default Swaps (CDS) by hundred basis points and severe liquidity crunch in the financial sector of the United States.The recession phase highlighted the importance of the liquidity for the investors and underlined the importance of understanding the conne

The scaling properties of turbulent flows are well established in the inertial sub-range.However, those of the synoptic-scale motions are less known, also because of the difficult analysis of data presenting nonstationary and periodic features.Extensive gruvi golden lager analysis of experimental wind speed data, collected at the Mauna Loa Observat