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Financial development and the choice of trade partners
Financial development International trade Trade partners
2015/7/21
What determines the choice of countries' trade partners? We show theoretically and empirically that financial
market imperfections affect the number and identity of exporters' destinations. Big...
In addressing the precipitous drop in trade volumes in the recent
crisis, the real and financial explanations have sometimes been juxtaposed as competing explanations. However, they can be reco...
Futures positions of commercial hedgers in wheat, corn, soybeans and cotton fluctuate much more than expected output. Hedgers’ short positions are positively correlated with price changes. Together, t...