Time to Ship during Financial Crises
Chapter in NBER book NBER International Seminar on Macroeconomics 2012 (2013), Francesco Giavazzi and Kenneth D. West, organizers (p. 225 - 260)
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We thank the International Growth Centre (LSE and Oxford University) for financial help. We are most thankful to James Feyrer who generously shared with us his dataset on time-to-ship. We thank Francesco Giavazzi, Nicolas Schmitt, Helene Rey and Cedric Tille as well as participants at the 2012 NBER ISOM conference in Oslo, CREI, UAB, ITAM and at Colegio de Mexico for helpful comments. We are grateful to Jules Hugot and Jules-Daniel Wurlod for excellent research assistance. Philippe Martin thanks CREI at Pompeu Fabra for its hospitality.