Financial Frictions and Trade Dynamics
收藏NBER2018-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w24503
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This paper demonstrates theoretically that a financial shock can have very persistent effects on international trade. Motivation is taken from the aftermath of the dramatic trade collapse in 2008-9, which despite a substantial recovery, has left a persistently slower growth rate in trade. We find
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美国国家经济研究局创建时间:
2018-04-01



