Credit market frictions and trade liberalizations
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DOI: 10.1016/j.jmoneco.2019.01.013
Abstract: Abstract Are credit frictions a barrier to gains from trade liberalization? We find that the answer to this depends on whether or not the debt limits are endogenous and respond to profit opportunities. If so,… read more here.
Keywords: frictions trade; trade liberalizations; credit market; market frictions ... See more keywords