Credit Default Swaps - Publications - Faculty & Research

21 Nov 2022
Research & Ideas

Buy Now, Pay Later: How Retail's Hot Feature Hurts Low-Income Shoppers

with Gen Z shoppers in their teens and 20s. The payment method made up $97 billion—or 2.1 percent—of total US e-commerce sales in 2020, a figure that is expected to double by 2024. BNPL is so lucrative, merchants are paying fintech companies roughly twice the amount... View Details

Keywords: by Rachel Layne; Retail; Financial Services; Technology

Web

Bankruptcy | Baker Library | Bloomberg Center | Harvard Business School

Moody’s, or Fitch. [17] MBSs and CDOs are sold to investors all over the world, including pension funds, insurance companies, mutual funds, hedge funds, and other investment banks. [18] Investors can hedge their CDO or MBS exposure through View Details

Research Summary

Overview

Professor Begenau’s research agenda is directed at better understanding how financial markets work and how they affect the real economy. She uses quantitative analysis to build both prescriptive and descriptive models concerning financial risk in banking, and she also... View Details

Fast Answer

Bloomberg: corporate bonds

the main menu for the selected bond, note the ticker for future reference; e.g., GM8 1/4 07/23. To analyze bonds: Browse a bond's main menu or type a shortcut and hit GO: CDSW for credit default View Details

29 Jan 2008
First Look

First Look: January 29, 2008

executives compare the cash flows from innovation against the default scenario of doing nothing, assuming—incorrectly—that the present health of the company will persist indefinitely if the investment is not made. In most situations,... View Details

Keywords: Martha Lagace

20 Dec 2016
First Look

December 20, 2016

induces U.S. manufacturing firms to contract their operations along multiple margins of activity goes a long way toward explaining the response of U.S. innovation to the China trade shock. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=51998... View Details

Keywords: Carmen Nobel

04 Aug 2010
News

A Lonely Crusader

2002, Ackman shorted MBIA’s stock and bought credit default swaps betting that the firm would tank. Then he went public with his bets and a 66-page research report detailing... View Details

Keywords: Roger Thompson; subprime mortgages; Finance; Real Estate

Web

Behavioral Finance & Financial Stability

from Pension and Insurance companies. Regulatory changes are used to provide collaborating evidence that the curvature of the yield curve is shaped through this demand channel. Related Themes: Credit Markets, Size & Growth of the... View Details

Web

Help - Alumni

Relations at 617.495.6889 or kcietanno@hbs.edu . Will I get credit for pledge payments? Donors will be recognized in the School's annual Contributors Report for the full amount of a pledge in the year that it is made, regardless of... View Details

Web

Podcast - Business & Environment

capital management, innovation initiatives, and operating companies like Circular Services. She shares how their private equity, venture capital, and catalytic credit strategies are helping scale recycling, reuse, and circular supply... View Details

25 Oct 2020
Research & Ideas

The Dark Side of Fintech Borrowing

Consumers turning to fintech lenders are more likely to spend beyond their means, sink further into debt, and ultimately default more often than people with similar credit profiles borrowing from traditional... View Details

Keywords: by Rachel Layne; Financial Services; Banking

Web

Topics - HBS Working Knowledge

Derivatives and Swaps (1) Credit (8) Crime and Corruption (43) Crisis Management (51) Cross-Cultural and Cross-Border Issues (23) Culture (10) Currency Exchange Rate (3) Currency (12) Curriculum and Courses... View Details

05 Jun 2009
What Do You Think?

What Does Slower Economic Growth Really Mean?

services? The latter grew so rapidly in the U.S. in recent years (with every mortgage backed security and credit default swap transaction counted, resulting in substantial... View Details

Keywords: by Jim Heskett; Financial Services; Construction; Real Estate

Web

Research - Behavioral Finance & Financial Stability

Research Research Invisible Primes: Fintech Lending with Alternative Data By: Marco Di Maggio , Dimuthu Ratnadiwakara & Don Carmichael MAR 2022 Will the use of alternative data to assess borrowers’ creditworthiness result in broader View Details

March 2005 (Revised January 2006)
Case

Foreign Exchange Hedging Strategies at General Motors: Transactional and Translational Exposures

By: Mihir A. Desai and Mark Veblen

How should a multinational firm manage foreign exchange exposures? Examines transactional and translational exposures and alternative responses to these exposures by analyzing two specific hedging decisions by General Motors. Describes General Motors' corporate hedging... View Details

Keywords: Multinational Firms and Management; Currency Exchange Rate; Expansion; Credit Derivatives and Swaps; Financial Management; Investment Funds; Risk and Uncertainty; International Finance; Auto Industry

Citation

Educators

Purchase

September 2004 (Revised February 2007)
Case

Hedging Currency Risks at AIFS

By: Mihir A. Desai, Vincent Dessain and Anders Sjoman

The American Institute for Foreign Studies (AIFS) organizes study abroad programs and cultural exchanges for American students. The firm's revenues are mainly in U.S. dollars, but most of its costs are in eurodollars and British pounds. The company's controllers review... View Details

Keywords: Foreign Direct Investment; Investment Funds; Financial Strategy; Forecasting and Prediction; Revenue; Credit Derivatives and Swaps; Currency; Currency Exchange Rate; Education Industry; North and Central America

Citation

Educators

Purchase

21 May 2015
Blog Post

3 Ways to Fund Your HBS MBA

financing options possible (you can pull your free annual credit report to see where you stand). If your credit score is too low or if you are in default of a previous loan, it... View Details

Web

Eligibility | Social Enterprise | Harvard Business School

following: US federal student aid (e.g., Perkins, GradPLUS, Stafford) US state programs (e.g., MEFA, VSAC, etc.) Foreign national, state, and provincial educational loan schemes Educational loans from a bank or credit union (e.g., HUECU,... View Details

Web

Winners & Runners-Up | New Venture Competition

Kyalwazi (MD/MPP 2024) Leonard Nettey (MD/PhD) Social Enterprise Track Winner Empowering Black college students pursuing careers in health sciences. Pando Claire Wu (MBA 2023) Andrew Setiawan Social Enterprise Track Runner-Up & Crowd Favorite Winner Democratizing View Details

06 Nov 2008
Op-Ed

Selling Out The American Dream

zero. Consumer confidence has plummeted with the value of 401(k) plans and retirement nest eggs. Retail sales fell 1.2 percent in September, double the expected decline. Car sales are at a fifteen-year low. And credit card View Details

Keywords: by John Quelch

Publications