Building international links Reply

Our early 2015 research efforts continued this week by building some international ties. Prof Maria Santana-Galego of the University of the Balearic Islands visited the School and met with colleagues the the TRADE and TREES research entities.

Maria SantanaOn Tuesday she presented a paper on how trade linkages serve as a channel for the transmission of different types of crises (exchange rate, financial, sovereign debt crises). Instead of looking only at the volatility of the exchange rate during a crisis, she considers and controls for different exchange rate regimes.

In the process we learned about two cool resources:

Maria also discussed the gravity model approach with colleagues working on export margins and the identification of export opportunities. We hope to see some co-authored papers in the future.

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