International Currency Exposures, Valuation Effects, and the Global Financial Crisis
    Published Date 
  
  
    Copyright 2015
  
   
    DOI 10.1016/j.jinteco.2014.11.002
  
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      Copy CitationAgustin S. Bénétrix, Philip R. Lane, and Jay C. Shambaugh, NBER International Seminar on Macroeconomics 2014 (Journal of International Economics, 96(S1), 2014), chap. 6, https://www.nber.org/books-and-chapters/nber-international-seminar-macroeconomics-2014/international-currency-exposures-valuation-effects-and-global-financial-crisis.
 
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      We examine the evolution of international currency exposures, with a particular focus on the 2002-12 period. During...