Credit Default Swaps Drawup Networks: Too Interconnected to Be Stable?
Figure 2
The distribution of non-zero values of interdependence across the three periods.
(a) The counts in periods 2 and 3 are higher than in period 1. In addition, during periods 2 and 3 the distributions of have longer tails compared to period 1. (b) The distribution of non-zero values of trend reinforcement
across the three periods.