Hello, everyone. Do you have any idea for the word "lagged" in the following? ??????????
For the lagged CDS spreads, it shows a negative effect on CDS spreads which means the changes of the CDS spread are not persistent.
lagged = what?
"Lagged" refers to an effect seen some time after the event(s) that caused it, as distinct from "contemporaneous", which would be an immediate response.
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
"Lagged" refers to an effect seen some time after the event(s) that caused it, as distinct from "contemporaneous", which would be an immediate response.