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We investigate execution quality issues in the OTC single-name credit default swap (CDS) market using confidential …
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unidirectional causality from the US GDP to Japan, Taiwan, Korea, and China. But the slump in the US stock price indices will cause … the stock market recession in Japan, Korea, and Taiwan, but not China …
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case of China, credit risk is not a concern due to the lack of popular scrutiny. Swap lines are extended to advanced and … developing economies as financial stability and economic development instruments. However, China's swap line policies cannot … currency's position in the international monetary system is establishing currency swap lines with other central banks. Yet the …
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