Dany Jaimovich (HEID)
"Are Free Trade Agreements Contagious?"
(Joint with Richard Baldwin)
This paper presents empirical evidence on the extent to which FTAs are "contagious", using empirical techniques inspired by the study of contagion in exchange rate crises. It tests the null hypothesis that the signing of an FTA between one nation's trade partners has no effect on the probability of the nation signing a new FTA.