We study the effects of dollar swap lines using high frequency responses in asset prices around policy announcements …. News about expanded dollar swap lines causes a reduction in liquidity premia, compression of deviations from covered …-term government bond prices is mixed. The cross-section of high frequency responses implies that swap lines affect the dollar factor …

markets. The implicit international contract is analogous to a total return swap in domestic financial markets. Using market …

In this paper, we describe the evolution of the Federal Reserve's swap lines from their inception in 1962 as a … the Great Recession. We describe a number of consequences associated with swap operations. We argue, for example, that …

relatively small premium. De- flation risk is also significantly linked to measures of financial tail risk such as swap spreads …

transparency or illiquidity. However, several of the important announcements concerning the international swap programs …

the single-name variance swap market to dry up completely. This paper defines and analyzes a simple variance swap, a … relative of the variance swap that in several respects has more desirable properties. First, simple variance swaps are robust …

sources of corporate Credit Default Swap prices: GFI, Fenics, Reuters EOD, CMA, Markit and JP Morgan, using the most liquid …