How Does Trade Evolve in the Aftermath of Financial Crises? /

We analyze trade dynamics following past episodes of financial crises. Using an augmented gravity model and 179 crisis episodes from 1970-2009, we find that there is a sharp decline in a country's imports in the year following a crisis-19 percent, on average-and this decline is persistent, with...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Abiad, Abdul
अन्य लेखक: Mishra, Prachi, Topalova, Petia
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2011.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2011/003
ऑनलाइन पहुंच:Full text available on IMF