Abstract
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)
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)
| Original language | English |
|---|---|
| Place of Publication | Vienna |
| Publisher | WU Vienna University of Economics and Business |
| DOIs | |
| Publication status | Published - 1 Jun 2012 |
Publication series
| Series | Department of Economics Working Paper Series |
|---|---|
| Number | 142 |
WU Working Paper Series
- Department of Economics Working Paper Series