Off the cliff and back? Credit conditions and international trade during the global financial crisis

We examine the collapse of international trade flows during the 2008-2009 global financial crisis using detailed data on the evolution of monthly U.S. imports over the November 2006 - April 2009 period. We show that credit constraints and the reduction in the availability of external capital were an...

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Bibliographic Details
Main Authors: CHOR, Davin, KALINA, Manova
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2012
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/1165
https://ink.library.smu.edu.sg/context/soe_research/article/2164/viewcontent/Off_the_Cliff_and_Back_pp.pdf
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Institution: Singapore Management University
Language: English