Coudert, Virginie; Couharde, Cécile; Mignon, Valérie - In: Journal of Banking & Finance 35 (2011) 11, pp. 3010-3018
This paper studies the impact of global financial turmoil on the exchange rate policies in emerging countries. Spillovers from advanced financial markets to currencies in emerging countries are likely to be exacerbated during crisis periods. To test this hypothesis, we assess the exchange rate...