strategies. These flows are a form of global interdependence previously unexplored in the literature on international shock …

Banks play a critical role in facilitating international trade, in particular by reducing the risk of trade … show that a modification of the standard model of payment contract choice in international trade is needed to rationalize …

This paper examines the impact of European Monetary Union (EMU) accession on bilateral Portuguese international … the literature that overall international borrowing is facilitated by the creation of a monetary union, and raises the …