Kiendrebeogo, Youssouf - International Monetary Fund (IMF) - 2013
This paper investigates whether banking crises are associated with declines in bilateral exports. We first develop a … simple open economy model in which banking crises translate into negative liquidity shocks, leading to collapses in exports … countries over the period 1988-2010. The results suggest that crisis-hit countries experience lower levels of bilateral exports …