-specific risks during the crisis. The regression results suggest that counter-party credit risk increased the difference across the … markets, while liquidity risk caused the difference across the currency denominations. They also support the view that a … central bank liquidity provisions were useful in reducing liquidity risk in the US dollar transactions. But their …

-specific risks during the crisis. The regression results suggest that counter-party credit risk increased the difference across the … markets, while liquidity risk caused the difference across the currency denominations. They also support the view that a … central bank liquidity provisions were useful in reducing liquidity risk in the US dollar transactions. But their …

financial crisis by analyzing LIBOR-OIS spreads. It focuses on the US, Eurozone, UK and Japan. The sample is divided into two … and Japan through the process of global transmission. However, in Sample B such a coordination was found only between UK …