Title:Financial Crises and International Trade: The Long Way to Recovery
Author(s):BERMAN, NicolasDate:2009Type of Publication:Working PaperSeries/Report no.:EUI MWP; 2009/04Abstract:Standard theoretical models would predict that a currency depreciation generates an increase in net
exports. However, recent emerging market crises, accompanied by sharp exchange rate devaluation,
have often been followed ...