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...

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Detaylı Bibliyografya
Yazar: Abiad, Abdul
Diğer Yazarlar: Mishra, Prachi, Topalova, Petia
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2011.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2011/003
Online Erişim:Full text available on IMF