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Shock Producers and Shock Absorbers in the Crisis

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  • Sinn, Hans-Werner

Abstract

It is not surprising that the U.S. has been by far the world???s largest shock producer in this crisis. The big shock absorbers on the other hand were Japan, Russia and Germany, whose exports shrank more than their imports.

Suggested Citation

  • Sinn, Hans-Werner, 2009. "Shock Producers and Shock Absorbers in the Crisis," Munich Reprints in Economics 19634, University of Munich, Department of Economics.
  • Handle: RePEc:lmu:muenar:19634
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    Cited by:

    1. Sara Guerschanik Calvo, 2010. "The Global Financial Crisis of 2008-10: A View from the Social Sectors," Human Development Research Papers (2009 to present) HDRP-2010-18, Human Development Report Office (HDRO), United Nations Development Programme (UNDP).

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