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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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2010
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| Subjects: | |
| 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 |