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dc.contributor.authorEdwards, T. Huwen_US
dc.date.accessioned2009-12-09en_US
dc.date.accessioned2009-12-21T12:27:33Z-
dc.date.available2009-12-21T12:27:33Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/29355-
dc.description.abstractGlobalisation is associated with long periods of sustained economic growth and credit expansion, whereas major recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply driven by policy: rather, in a model of costly search, firms who are engaged in a searching process are very sensitive to changing economic circumstances. In turn, this causes protectionism to be partly endogenous, since optimal noncooperative tariffs can be high during periods when the sensitive, searching firms have exited the market.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesEconomics Discussion Papers 2009-55en_US
dc.subject.jelF15en_US
dc.subject.jelF43en_US
dc.subject.ddc330en_US
dc.subject.keywordGlobalisationen_US
dc.subject.keywordtradeen_US
dc.subject.keywordsearchen_US
dc.subject.stwGlobalisierungen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwInternationale Handelspolitiken_US
dc.subject.stwInformationskostenen_US
dc.subject.stwTheorieen_US
dc.titleGlobalisation as a 'good times' phenomenon: a search-based explanationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn615307027en_US
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.en-
dc.identifier.repecRePEc:zbw:ifwedp:200955-
Appears in Collections:Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers

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