evidence that their domestic currencies exhibit greater sensitivity to competitors’ exchange rates post-crisis. Further, the …In post-crisis Asia, all crisis-hit countries (except Malaysia) announced a shift from exchange rate based monetary … investigate how the dynamics between them have changed following the crisis. This is carried out by constructing a bivariate VAR …

While the global financial crisis was centered in the United States, it led to a surprising appreciation in the dollar …. Theory consistent with dollar appreciation in the crisis suggests that their impact should be greater for countries that have …

, have dominated currency arrangements in North America, especially after the peso crisis of 1994. Although the member …

The acceleration in the formation of global imbalances in the period preceding the last financial crisis prompted a …