Off the Cliff and Back? Credit Conditions and International Trade during the Global Financial Crisis

Off the Cliff and Back? Credit Conditions and International Trade during the Global Financial Crisis

We study the collapse of international trade flows during the global financial crisis using detailed data on monthly US imports. We show that credit conditions were an important channel through which the crisis affected trade volumes, by exploiting the variation in the cost of capital across countri...

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Bibliographic Details
Main Authors: CHOR, Davin, MANOVA, Kalina
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2010
Subjects:
international trade
financial crisis
credit constraints
trade credit
Finance
International Business
International Economics
Online Access:https://ink.library.smu.edu.sg/soe_research/1294
https://ink.library.smu.edu.sg/context/soe_research/article/2293/viewcontent/Off_the_Cliff_and_Back_wp_smu.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/1294
https://ink.library.smu.edu.sg/context/soe_research/article/2293/viewcontent/Off_the_Cliff_and_Back_wp_smu.pdf

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