Aizenman, Joshua; Jinjarak, Yothin; Park, Donghyun - Economics Department, University of California-Santa … - 2010
Developing Asia experienced a sharp surge in foreign currency reserves prior to the 2008-9 crisis.The global crisis has been associated with an unprecedented rise of swap agreements betweencentral banks of larger economies and their counterparts in smaller economies. We explorewhether such swap...