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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Main Authors: | CHOR, Davin, KALINA, Manova |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2012
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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 |
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