skip to primary navigationskip to content

CF weekly workshop - Anna Watson

When May 03, 2011
from 05:00 PM to 06:00 PM
Where Winstanley Lecture Theatre, Trinity College
Contact Name
Add event to calendar vCal

Anna Watson (Faculty of Economics)

Title: Financial Frictions, the Great Trade Collapse and International Trade over the Business Cycle

This paper investigates the impact of financial frictions on the dynamics of trade over the business cycle and their role in the great trade collapse of 2008-2009. The study introduces a financial accelerator into an open-economy general equilibrium model with heterogenous firms in which international trade is more dependent on external finance than domestic sales. The analysis demonstrates that endogenously driven countercyclical changes in the external finance premium amplify the effects of real and financial shocks on trade and help to explain the procyclicality of trade to GDP ratio as well as the decline in trade during the recent financial crisis.

« March 2019 »

RSS Feed Latest news

Winners of the Best Student Paper Award 2018 announced

Aug 21, 2018

Cambridge Finance is proud to announce the winners of the Best student Paper Award for 2017-2018

View all news

Upcoming events

Cambridge Finance Workshop - Alex Frino

May 02, 2019

Room W4.03, Cambridge Judge Business School

Cambridge Finance Workshop - Ernst-Ludwig von Thadden

May 16, 2019

No 10 North (lower ground)

Cambridge Finance Workshop - Mara Faccio

May 30, 2019

Room W4.03 Cambridge Judge Business School

Previous events

Upcoming events