The Effects of Financial Crises on International Trade
NBER Working Paper No. 10172
This paper studies empirically the effects of financial crises on international trade. The major findings are that banking crises had a negative impact on imports but a positive impact on exports in the short term, whereas currency crises decreased imports in the short term and stimulated exports in the longer term.
Document Object Identifier (DOI): 10.3386/w10172
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