It has been suggested that Mexican investors were the “front-runners†in the peso crisis of December 1994, turning …, prompted Mexican investors to be the first ones to leave the country. This paper investigates whether data from three Mexican … devaluation, Mexican fund Net Asset Values (mainly driven by Mexican investors) dropped first and/or faster than Mexican country …

In the past decade, some observers have noted an unusual aspect of the Mexican peso’s behavior: During periods when the …, these factors well explain the peso’s unusual behavior, as Mexico both is very close to the United States and has a lower … U.S. dollar has risen (fallen) against other major currencies such as the euro, the peso has risen (fallen) against the …

What is the impact of foreign bank entry on the pricing and availability of credit in developing economies? The Mexican … banking system provides a quasi-experiment to address this question because in 1997 the Mexican government radically changed … 2007. We construct and analyze a panel of Mexican bank financial data covering this period and find no evidence that …