Trade and the Global Recession

Jonathan Eaton, Samuel Kortum, Brent Neiman, John Romalis

NBER Working Paper No. 16666
Issued in January 2011

---- Acknowledgements -----

We thank Costas Arkolakis, Christian Broda, Lorenzo Caliendo, Marty Eichenbaum, Chang-Tai Hsieh, Erik Hurst, Anil Kashyap, and Ralph Ossa as well as participants at numerous seminars for helpful comments. George Alessandria, Tim Kehoe, Andrei Levchenko, Kanda Naknoi, Denis Novy, Andy Rose, Jonathan Vogel, and Kei-Mu Yi gave excellent discussions. Fernando Parro and Kelsey Moser provided outstanding research assistance. This research was funded in part by the Neubauer Family Foundation and the Charles E. Merrill Faculty Research Fund at the University of Chicago Booth School of Business. Eaton and Kortum gratefully acknowledge the support of the National Science Foundation under grant number SES-0820338. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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