CEU Electronic Theses and Dissertations, 2009
| Author | Ghazaryan, Narek |
|---|---|
| Title | Payment Systems in International Trade and Interest Rates |
| Summary | This research incorporates trade credit costs into celebrated gravity equations, under the assumptions of particular method of payment used in international trade. The equations derived are tested with US data on foreign trade and the implications of the model are used to explain the deteriorating US exports during 2007-2009 Global Financial Crisis. |
| Supervisor | Koren, Miklos |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2009/ghazaryan_narek.pdf |
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