The Great Recession and a Missing Generation of Exporters
Posted: 13 Aug 2020
There are 2 versions of this paper
The Great Recession and a Missing Generation of Exporters
FEDS Working Paper No. 2017-108
Number of pages: 52
Posted: 05 Nov 2017
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The Great Recession and a Missing Generation of Exporters
FEDS Notes No. 2020-03-06 https://doi.org/10.17016/2380-7172.2531
Posted: 13 Aug 2020
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Date Written: March 6, 2020
Abstract
While the large collapse in aggregate international trade volumes during the Great Recession has been widely studied in the literature, the recovery is much less well understood. Indeed, by 2014 U.S. foreign sales were still below their historical post-recession level. In this note, we summarize the results of Lincoln, McCallum, and Siemer (2019), which considers how much of a role a "missing generation of exporters" played in explaining the relatively slow growth of foreign sales after the financial crisis.
Suggested Citation: Suggested Citation
Lincoln, William Fabius and McCallum, Andrew H. and Siemer, Michael, The Great Recession and a Missing Generation of Exporters (March 6, 2020). FEDS Notes No. 2020-03-06 https://doi.org/10.17016/2380-7172.2531, Available at SSRN: https://ssrn.com/abstract=3672618
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