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International spillover of central bank swap lines - Evidence from the COVID-19 experience of Korea()

Dollar funding cost rose significantly worldwide during the early stage of the COVID-19 pandemic. Against the dollar shortage, the Fed provided liquidity to 14 other central banks through central bank swap lines. I find significant liquidity spillover into Korea by comparing foreign banks from the s...

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Detalles Bibliográficos
Autor principal: Yun, Youngjin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8863909/
https://www.ncbi.nlm.nih.gov/pubmed/35221804
http://dx.doi.org/10.1016/j.frl.2021.102003