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Time to Ship During Financial Crises

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NBER2012-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18274
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We show that the negative impact of financial crises on trade is magnified for destinations with longer time-to-ship. A simple model where exporters react to an increase in the probability of default of importers by increasing their export price and decreasing their export volumes to destinations in
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2012-08-01
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