The bullwhip effect and credit default swap market: A study based on firm-specific bullwhip effect measure

• Main Authors: HU, Nan, LIANG, Peng, LIU, Ling, ZHU, Lu
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2022
• Subjects: Bullwhip effect; Credit default swap (CDS) positions; Supply chain hierarchy; Information uncertainty; The Depository Trust & Clearing Corporation (DTCC); Databases and Information Systems; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/sis_research/8036
• Institution: Singapore Management University

This paper explores the financial implications of the bullwhip effect in the credit default swap (CDS) market. Using firms' supply chain hierarchical positions to proxy for exposure to the bullwhip effect and CDS positions data, we find that positions further upstream within the supply chain ne...