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220928 ||| eng |
| 020 |
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|a 9781513564746
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| 100 |
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|a Cerdeiro, Diego
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| 245 |
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|a Supply Spillovers During the Pandemic: Evidence from High-Frequency Shipping Data
|c Diego Cerdeiro, Andras Komaromi
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2020
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| 300 |
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|a 29 pages
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| 651 |
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4 |
|a China, People's Republic of
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| 653 |
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|a Health
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| 653 |
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|a Payment Systems
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| 653 |
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|a Infectious & contagious diseases
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| 653 |
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|a Financial sector policy and analysis
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| 653 |
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|a Regimes
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| 653 |
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|a Trade Policy
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| 653 |
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|a Transportation Systems: General
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| 653 |
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|a Exports and Imports
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| 653 |
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|a Health and Fitness
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| 653 |
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|a Money
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| 653 |
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|a Standards
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| 653 |
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|a International trade
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Diseases: Contagious
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| 653 |
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|a Communicable diseases
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| 653 |
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|a Imports
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| 653 |
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|a International finance
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| 653 |
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|a COVID-19
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| 653 |
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|a Externalities
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| 653 |
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|a Government and the Monetary System
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| 653 |
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|a International Trade Organizations
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| 653 |
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|a Monetary economics
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| 653 |
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|a Regulation
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| 653 |
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|a Trade: General
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| 653 |
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|a Plurilateral trade
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| 653 |
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|a International economics
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| 653 |
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|a Health Behavior
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| 653 |
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|a Spillovers
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| 653 |
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|a International Policy Coordination and Transmission
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| 653 |
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|a Monetary Systems
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| 653 |
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|a Public Health
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| 653 |
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|a Business and Economics
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| 653 |
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|a Foreign exchange market
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| 653 |
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|a Empirical Studies of Trade
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| 653 |
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|a Foreign currency exposure
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| 653 |
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|a Money and Monetary Policy
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| 653 |
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|a Health: Government Policy
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| 700 |
1 |
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|a Komaromi, Andras
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| 041 |
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7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
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|a IMF Working Papers
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| 028 |
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|a 10.5089/9781513564746.001
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| 856 |
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|u https://elibrary.imf.org/view/journals/001/2020/284/001.2020.issue-284-en.xml?cid=49966-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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| 520 |
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|a World trade contracted dramatically during the global economic crisis induced by the COVID-19 pandemic. Disruptions in international supply chains were widely reported as governments imposed containment measures (lockdowns) to halt the spread of the disease. At the same time, demand declined as households and firms scaled back spending. This paper attempts to disentangle the supply and demand channels in trade by quantifying the causal effect of supply spillovers from lockdowns. We utilize a novel dataset of daily bilateral seaborne trade, and design a shift-share identification strategy that leverages geography-induced cargo delivery lags to track the transmission of supply disruptions across space. We find strong but short-lived supply spillovers of lockdowns through international trade. Moreover, the evidence is suggestive of the downstream propagation of countries’ lockdowns through global supply chains
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