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The study examines the effect of financial crises on international trade with a gravity approach and a large data set … covering almost 70 importing and 200 exporting countries from 1950 to 2009. Thus it is possible to put the "Great Trade … important factors to explain the negative effects of a banking crisis on international trade. As the analysis indicates …
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den informativen Einstieg in die Theorie und Politik der Globalisierung ab. … Wirtschaftsbeziehungen bewertet. Darstellung und Bewertung der theoretischen Grundlagen der Globalisierung (reale und monetäre … Außenwirtschaftstheorie, Wechselkurssysteme) finden sich ebenso wie die Konsequenzen der Globalisierung für die wichtigsten …
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We exploit threshold rules governing margin trading eligibility in India to identify a causal link between margin trading and increased comovement during crises. Margin trading explains more than one quarter of the increase return comovement that we observe during crises. To understand the...
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