Aizenman, Joshua; Itō, Hiro; Pasricha, Gurnain Kaur - National Bureau of Economic Research - 2021
) implemented measures to provide US dollar liquidity by reinforcing swap arrangements with five major central banks, reactivating … them with nine other central banks and establishing a financial institutions and monetary authorities (FIMA) repo facility … auctions by central banks, for about 50 economies. We find that the access to the liquidity arrangements is driven by the …