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The Great Synchronization of International Trade Collapse

In this study we provide novel results on the extent of international trade synchronization during periods of trade collapses
and US recessions. Based on monthly data for the G7 economies over the period 1961-2011, our results suggest rather idiosyncratic patterns
of international trade synchronization during trade collapses and US recessions. During the great recession of 2007-2009, however,
international trade experienced the most sudden, severe and globally synchronized collapse. (author's abstract) / Series: Department of Economics Working Paper Series

Identiferoai:union.ndltd.org:VIENNA/oai:epub.wu-wien.ac.at:3596
Date06 1900
CreatorsAntonakakis, Nikolaos
PublisherWU Vienna University of Economics and Business
Source SetsWirtschaftsuniversität Wien
LanguageEnglish
Detected LanguageEnglish
TypeWorking Paper, NonPeerReviewed
Formatapplication/pdf
Relationhttp://www.wu.ac.at/economics/forschung/wp, http://epub.wu.ac.at/3596/

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