id	sid	tid	token	lemma	pos
cord-026144-buctm04o	1	1	key	key	JJ
cord-026144-buctm04o	2	1	:	:	:
cord-026144-buctm04o	2	2	cord-026144-buctm04o	cord-026144-buctm04o	IN
cord-026144-buctm04o	2	3	authors	author	NNS
cord-026144-buctm04o	2	4	:	:	:
cord-026144-buctm04o	2	5	Mullick	Mullick	NNP
cord-026144-buctm04o	2	6	,	,	,
cord-026144-buctm04o	2	7	Shantanu	Shantanu	NNP
cord-026144-buctm04o	2	8	;	;	:
cord-026144-buctm04o	2	9	Malshe	Malshe	NNP
cord-026144-buctm04o	2	10	,	,	,
cord-026144-buctm04o	2	11	Ashwin	Ashwin	NNP
cord-026144-buctm04o	2	12	;	;	:
cord-026144-buctm04o	2	13	Glady	Glady	NNP
cord-026144-buctm04o	2	14	,	,	,
cord-026144-buctm04o	2	15	Nicolas	Nicolas	NNP
cord-026144-buctm04o	2	16	title	title	NN
cord-026144-buctm04o	2	17	:	:	:
cord-026144-buctm04o	2	18	Modeling	model	VBG
cord-026144-buctm04o	2	19	the	the	DT
cord-026144-buctm04o	2	20	Costs	cost	NNS
cord-026144-buctm04o	2	21	of	of	IN
cord-026144-buctm04o	2	22	Trade	Trade	NNP
cord-026144-buctm04o	2	23	Finance	Finance	NNP
cord-026144-buctm04o	2	24	During	during	IN
cord-026144-buctm04o	2	25	the	the	DT
cord-026144-buctm04o	2	26	Financial	Financial	NNP
cord-026144-buctm04o	2	27	Crisis	Crisis	NNP
cord-026144-buctm04o	2	28	of	of	IN
cord-026144-buctm04o	2	29	2008–2009	2008–2009	CD
cord-026144-buctm04o	2	30	:	:	:
cord-026144-buctm04o	3	1	An	an	DT
cord-026144-buctm04o	3	2	Application	Application	NNP
cord-026144-buctm04o	3	3	of	of	IN
cord-026144-buctm04o	3	4	Dynamic	Dynamic	NNP
cord-026144-buctm04o	3	5	Hierarchical	Hierarchical	NNP
cord-026144-buctm04o	3	6	Linear	Linear	NNP
cord-026144-buctm04o	3	7	Model	Model	NNP
cord-026144-buctm04o	3	8	date	date	NN
cord-026144-buctm04o	3	9	:	:	:
cord-026144-buctm04o	3	10	2020	2020	CD
cord-026144-buctm04o	3	11	-	-	HYPH
cord-026144-buctm04o	3	12	05	05	CD
cord-026144-buctm04o	3	13	-	-	SYM
cord-026144-buctm04o	3	14	18	18	CD
cord-026144-buctm04o	3	15	journal	journal	NN
cord-026144-buctm04o	3	16	:	:	:
cord-026144-buctm04o	4	1	Information	information	NN
cord-026144-buctm04o	4	2	Processing	Processing	NNP
cord-026144-buctm04o	4	3	and	and	CC
cord-026144-buctm04o	4	4	Management	Management	NNP
cord-026144-buctm04o	4	5	of	of	IN
cord-026144-buctm04o	4	6	Uncertainty	Uncertainty	NNP
cord-026144-buctm04o	4	7	in	in	IN
cord-026144-buctm04o	4	8	Knowledge	Knowledge	NNP
cord-026144-buctm04o	4	9	-	-	HYPH
cord-026144-buctm04o	4	10	Based	Based	NNP
cord-026144-buctm04o	4	11	Systems	Systems	NNP
cord-026144-buctm04o	4	12	DOI	DOI	NNP
cord-026144-buctm04o	4	13	:	:	:
cord-026144-buctm04o	5	1	10.1007/978	10.1007/978	LS
cord-026144-buctm04o	5	2	-	-	SYM
cord-026144-buctm04o	5	3	3	3	CD
cord-026144-buctm04o	5	4	-	-	HYPH
cord-026144-buctm04o	5	5	030	030	CD
cord-026144-buctm04o	5	6	-	-	HYPH
cord-026144-buctm04o	5	7	50146	50146	CD
cord-026144-buctm04o	5	8	-	-	HYPH
cord-026144-buctm04o	5	9	4_47	4_47	CD
cord-026144-buctm04o	6	1	sha	sha	NNP
cord-026144-buctm04o	6	2	:	:	:
cord-026144-buctm04o	7	1	36c44c6197d7c5462aee58ffab84bdffc51147fe	36c44c6197d7c5462aee58ffab84bdffc51147fe	NNP
cord-026144-buctm04o	7	2	doc_id	doc_id	CD
cord-026144-buctm04o	7	3	:	:	:
cord-026144-buctm04o	7	4	26144	26144	CD
cord-026144-buctm04o	7	5	cord_uid	cord_uid	NNS
cord-026144-buctm04o	7	6	:	:	:
cord-026144-buctm04o	7	7	buctm04o	buctm04o	JJ
cord-026144-buctm04o	8	1	The	the	DT
cord-026144-buctm04o	8	2	authors	author	NNS
cord-026144-buctm04o	8	3	propose	propose	VBP
cord-026144-buctm04o	8	4	a	a	DT
cord-026144-buctm04o	8	5	dynamic	dynamic	JJ
cord-026144-buctm04o	8	6	hierarchical	hierarchical	JJ
cord-026144-buctm04o	8	7	linear	linear	JJ
cord-026144-buctm04o	8	8	model	model	NN
cord-026144-buctm04o	8	9	(	(	-LRB-
cord-026144-buctm04o	8	10	DHLM	DHLM	NNP
cord-026144-buctm04o	8	11	)	)	-RRB-
cord-026144-buctm04o	8	12	to	to	TO
cord-026144-buctm04o	8	13	study	study	VB
cord-026144-buctm04o	8	14	the	the	DT
cord-026144-buctm04o	8	15	variations	variation	NNS
cord-026144-buctm04o	8	16	in	in	IN
cord-026144-buctm04o	8	17	the	the	DT
cord-026144-buctm04o	8	18	costs	cost	NNS
cord-026144-buctm04o	8	19	of	of	IN
cord-026144-buctm04o	8	20	trade	trade	NN
cord-026144-buctm04o	8	21	finance	finance	NN
cord-026144-buctm04o	8	22	over	over	IN
cord-026144-buctm04o	8	23	time	time	NN
cord-026144-buctm04o	8	24	and	and	CC
cord-026144-buctm04o	8	25	across	across	IN
cord-026144-buctm04o	8	26	countries	country	NNS
cord-026144-buctm04o	8	27	in	in	IN
cord-026144-buctm04o	8	28	dynamic	dynamic	JJ
cord-026144-buctm04o	8	29	environments	environment	NNS
cord-026144-buctm04o	8	30	such	such	JJ
cord-026144-buctm04o	8	31	as	as	IN
cord-026144-buctm04o	8	32	the	the	DT
cord-026144-buctm04o	8	33	global	global	JJ
cord-026144-buctm04o	8	34	financial	financial	JJ
cord-026144-buctm04o	8	35	crisis	crisis	NN
cord-026144-buctm04o	8	36	of	of	IN
cord-026144-buctm04o	8	37	2008–2009	2008–2009	CD
cord-026144-buctm04o	8	38	.	.	.
cord-026144-buctm04o	9	1	The	the	DT
cord-026144-buctm04o	9	2	DHLM	dhlm	NN
cord-026144-buctm04o	9	3	can	can	MD
cord-026144-buctm04o	9	4	cope	cope	VB
cord-026144-buctm04o	9	5	with	with	IN
cord-026144-buctm04o	9	6	challenges	challenge	NNS
cord-026144-buctm04o	9	7	that	that	WDT
cord-026144-buctm04o	9	8	a	a	DT
cord-026144-buctm04o	9	9	dynamic	dynamic	JJ
cord-026144-buctm04o	9	10	environment	environment	NN
cord-026144-buctm04o	9	11	entails	entail	VBZ
cord-026144-buctm04o	9	12	:	:	:
cord-026144-buctm04o	9	13	nonstationarity	nonstationarity	NN
cord-026144-buctm04o	9	14	,	,	,
cord-026144-buctm04o	9	15	parameters	parameter	NNS
cord-026144-buctm04o	9	16	changing	change	VBG
cord-026144-buctm04o	9	17	over	over	IN
cord-026144-buctm04o	9	18	time	time	NN
cord-026144-buctm04o	9	19	and	and	CC
cord-026144-buctm04o	9	20	cross	cross	JJ
cord-026144-buctm04o	9	21	-	-	JJ
cord-026144-buctm04o	9	22	sectional	sectional	JJ
cord-026144-buctm04o	9	23	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	9	24	.	.	.
cord-026144-buctm04o	10	1	The	the	DT
cord-026144-buctm04o	10	2	authors	author	NNS
cord-026144-buctm04o	10	3	employ	employ	VBP
cord-026144-buctm04o	10	4	a	a	DT
cord-026144-buctm04o	10	5	DHLM	dhlm	NN
cord-026144-buctm04o	10	6	to	to	TO
cord-026144-buctm04o	10	7	examine	examine	VB
cord-026144-buctm04o	10	8	how	how	WRB
cord-026144-buctm04o	10	9	the	the	DT
cord-026144-buctm04o	10	10	effects	effect	NNS
cord-026144-buctm04o	10	11	of	of	IN
cord-026144-buctm04o	10	12	four	four	CD
cord-026144-buctm04o	10	13	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	10	14	indicators	indicator	NNS
cord-026144-buctm04o	10	15	–	–	:
cord-026144-buctm04o	10	16	GDP	gdp	NN
cord-026144-buctm04o	10	17	growth	growth	NN
cord-026144-buctm04o	10	18	,	,	,
cord-026144-buctm04o	10	19	inflation	inflation	NN
cord-026144-buctm04o	10	20	,	,	,
cord-026144-buctm04o	10	21	trade	trade	NN
cord-026144-buctm04o	10	22	intensity	intensity	NN
cord-026144-buctm04o	10	23	and	and	CC
cord-026144-buctm04o	10	24	stock	stock	NN
cord-026144-buctm04o	10	25	market	market	NN
cord-026144-buctm04o	10	26	capitalization	capitalization	NN
cord-026144-buctm04o	10	27	-	-	HYPH
cord-026144-buctm04o	10	28	on	on	RP
cord-026144-buctm04o	10	29	trade	trade	NN
cord-026144-buctm04o	10	30	finance	finance	NN
cord-026144-buctm04o	10	31	costs	cost	NNS
cord-026144-buctm04o	10	32	varied	vary	VBN
cord-026144-buctm04o	10	33	over	over	IN
cord-026144-buctm04o	10	34	a	a	DT
cord-026144-buctm04o	10	35	period	period	NN
cord-026144-buctm04o	10	36	of	of	IN
cord-026144-buctm04o	10	37	five	five	CD
cord-026144-buctm04o	10	38	years	year	NNS
cord-026144-buctm04o	10	39	from	from	IN
cord-026144-buctm04o	10	40	2006	2006	CD
cord-026144-buctm04o	10	41	to	to	IN
cord-026144-buctm04o	10	42	2010	2010	CD
cord-026144-buctm04o	10	43	across	across	IN
cord-026144-buctm04o	10	44	8	8	CD
cord-026144-buctm04o	10	45	countries	country	NNS
cord-026144-buctm04o	10	46	.	.	.
cord-026144-buctm04o	11	1	We	-PRON-	PRP
cord-026144-buctm04o	11	2	find	find	VBP
cord-026144-buctm04o	11	3	that	that	IN
cord-026144-buctm04o	11	4	the	the	DT
cord-026144-buctm04o	11	5	effect	effect	NN
cord-026144-buctm04o	11	6	of	of	IN
cord-026144-buctm04o	11	7	these	these	DT
cord-026144-buctm04o	11	8	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	11	9	indicators	indicator	NNS
cord-026144-buctm04o	11	10	varies	vary	VBZ
cord-026144-buctm04o	11	11	over	over	IN
cord-026144-buctm04o	11	12	time	time	NN
cord-026144-buctm04o	11	13	,	,	,
cord-026144-buctm04o	11	14	and	and	CC
cord-026144-buctm04o	11	15	most	most	JJS
cord-026144-buctm04o	11	16	of	of	IN
cord-026144-buctm04o	11	17	this	this	DT
cord-026144-buctm04o	11	18	variation	variation	NN
cord-026144-buctm04o	11	19	is	be	VBZ
cord-026144-buctm04o	11	20	present	present	JJ
cord-026144-buctm04o	11	21	in	in	IN
cord-026144-buctm04o	11	22	the	the	DT
cord-026144-buctm04o	11	23	year	year	NN
cord-026144-buctm04o	11	24	preceding	precede	VBG
cord-026144-buctm04o	11	25	and	and	CC
cord-026144-buctm04o	11	26	succeeding	succeed	VBG
cord-026144-buctm04o	11	27	the	the	DT
cord-026144-buctm04o	11	28	financial	financial	JJ
cord-026144-buctm04o	11	29	crisis	crisis	NN
cord-026144-buctm04o	11	30	.	.	.
cord-026144-buctm04o	12	1	In	in	IN
cord-026144-buctm04o	12	2	addition	addition	NN
cord-026144-buctm04o	12	3	,	,	,
cord-026144-buctm04o	12	4	the	the	DT
cord-026144-buctm04o	12	5	trajectory	trajectory	NN
cord-026144-buctm04o	12	6	of	of	IN
cord-026144-buctm04o	12	7	time	time	NN
cord-026144-buctm04o	12	8	-	-	HYPH
cord-026144-buctm04o	12	9	varying	vary	VBG
cord-026144-buctm04o	12	10	effects	effect	NNS
cord-026144-buctm04o	12	11	of	of	IN
cord-026144-buctm04o	12	12	GDP	GDP	NNP
cord-026144-buctm04o	12	13	growth	growth	NN
cord-026144-buctm04o	12	14	and	and	CC
cord-026144-buctm04o	12	15	inflation	inflation	NN
cord-026144-buctm04o	12	16	support	support	VBP
cord-026144-buctm04o	12	17	the	the	DT
cord-026144-buctm04o	12	18	“	"	``
cord-026144-buctm04o	12	19	flight	flight	NN
cord-026144-buctm04o	12	20	to	to	IN
cord-026144-buctm04o	12	21	quality	quality	NN
cord-026144-buctm04o	12	22	”	"	''
cord-026144-buctm04o	12	23	hypothesis	hypothesis	NN
cord-026144-buctm04o	12	24	:	:	:
cord-026144-buctm04o	12	25	cost	cost	NN
cord-026144-buctm04o	12	26	of	of	IN
cord-026144-buctm04o	12	27	trade	trade	NN
cord-026144-buctm04o	12	28	finance	finance	NN
cord-026144-buctm04o	12	29	reduces	reduce	VBZ
cord-026144-buctm04o	12	30	in	in	IN
cord-026144-buctm04o	12	31	countries	country	NNS
cord-026144-buctm04o	12	32	with	with	IN
cord-026144-buctm04o	12	33	high	high	JJ
cord-026144-buctm04o	12	34	GDP	gdp	NN
cord-026144-buctm04o	12	35	growth	growth	NN
cord-026144-buctm04o	12	36	and	and	CC
cord-026144-buctm04o	12	37	low	low	JJ
cord-026144-buctm04o	12	38	inflation	inflation	NN
cord-026144-buctm04o	12	39	,	,	,
cord-026144-buctm04o	12	40	during	during	IN
cord-026144-buctm04o	12	41	the	the	DT
cord-026144-buctm04o	12	42	crisis	crisis	NN
cord-026144-buctm04o	12	43	.	.	.
cord-026144-buctm04o	13	1	The	the	DT
cord-026144-buctm04o	13	2	authors	author	NNS
cord-026144-buctm04o	13	3	also	also	RB
cord-026144-buctm04o	13	4	note	note	VBP
cord-026144-buctm04o	13	5	presence	presence	NN
cord-026144-buctm04o	13	6	of	of	IN
cord-026144-buctm04o	13	7	country	country	NN
cord-026144-buctm04o	13	8	-	-	HYPH
cord-026144-buctm04o	13	9	specific	specific	JJ
cord-026144-buctm04o	13	10	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	13	11	in	in	IN
cord-026144-buctm04o	13	12	some	some	DT
cord-026144-buctm04o	13	13	of	of	IN
cord-026144-buctm04o	13	14	these	these	DT
cord-026144-buctm04o	13	15	effects	effect	NNS
cord-026144-buctm04o	13	16	.	.	.
cord-026144-buctm04o	14	1	The	the	DT
cord-026144-buctm04o	14	2	authors	author	NNS
cord-026144-buctm04o	14	3	propose	propose	VBP
cord-026144-buctm04o	14	4	extensions	extension	NNS
cord-026144-buctm04o	14	5	to	to	IN
cord-026144-buctm04o	14	6	the	the	DT
cord-026144-buctm04o	14	7	model	model	NN
cord-026144-buctm04o	14	8	and	and	CC
cord-026144-buctm04o	14	9	discuss	discuss	VB
cord-026144-buctm04o	14	10	its	-PRON-	PRP$
cord-026144-buctm04o	14	11	alternative	alternative	JJ
cord-026144-buctm04o	14	12	uses	use	NNS
cord-026144-buctm04o	14	13	in	in	IN
cord-026144-buctm04o	14	14	different	different	JJ
cord-026144-buctm04o	14	15	contexts	context	NNS
cord-026144-buctm04o	14	16	.	.	.
cord-026144-buctm04o	15	1	Trade	trade	NN
cord-026144-buctm04o	15	2	finance	finance	NN
cord-026144-buctm04o	15	3	consists	consist	VBZ
cord-026144-buctm04o	15	4	of	of	IN
cord-026144-buctm04o	15	5	borrowing	borrow	VBG
cord-026144-buctm04o	15	6	using	use	VBG
cord-026144-buctm04o	15	7	trade	trade	NN
cord-026144-buctm04o	15	8	credit	credit	NN
cord-026144-buctm04o	15	9	as	as	IN
cord-026144-buctm04o	15	10	collateral	collateral	NN
cord-026144-buctm04o	15	11	and/or	and/or	CC
cord-026144-buctm04o	15	12	the	the	DT
cord-026144-buctm04o	15	13	purchase	purchase	NN
cord-026144-buctm04o	15	14	of	of	IN
cord-026144-buctm04o	15	15	insurance	insurance	NN
cord-026144-buctm04o	15	16	against	against	IN
cord-026144-buctm04o	15	17	the	the	DT
cord-026144-buctm04o	15	18	possibility	possibility	NN
cord-026144-buctm04o	15	19	of	of	IN
cord-026144-buctm04o	15	20	trade	trade	NN
cord-026144-buctm04o	15	21	credit	credit	NN
cord-026144-buctm04o	15	22	defaults	default	NNS
cord-026144-buctm04o	15	23	[	[	-LRB-
cord-026144-buctm04o	15	24	2	2	CD
cord-026144-buctm04o	15	25	,	,	,
cord-026144-buctm04o	15	26	4	4	CD
cord-026144-buctm04o	15	27	]	]	-RRB-
cord-026144-buctm04o	15	28	.	.	.
cord-026144-buctm04o	16	1	According	accord	VBG
cord-026144-buctm04o	16	2	to	to	IN
cord-026144-buctm04o	16	3	some	some	DT
cord-026144-buctm04o	16	4	estimates	estimate	NNS
cord-026144-buctm04o	16	5	more	more	JJR
cord-026144-buctm04o	16	6	than	than	IN
cord-026144-buctm04o	16	7	90	90	CD
cord-026144-buctm04o	16	8	%	%	NN
cord-026144-buctm04o	16	9	of	of	IN
cord-026144-buctm04o	16	10	trade	trade	NN
cord-026144-buctm04o	16	11	transactions	transaction	NNS
cord-026144-buctm04o	16	12	involve	involve	VBP
cord-026144-buctm04o	16	13	some	some	DT
cord-026144-buctm04o	16	14	form	form	NN
cord-026144-buctm04o	16	15	of	of	IN
cord-026144-buctm04o	16	16	credit	credit	NN
cord-026144-buctm04o	16	17	,	,	,
cord-026144-buctm04o	16	18	insurance	insurance	NN
cord-026144-buctm04o	16	19	,	,	,
cord-026144-buctm04o	16	20	or	or	CC
cord-026144-buctm04o	16	21	guarantee	guarantee	VBP
cord-026144-buctm04o	16	22	[	[	-LRB-
cord-026144-buctm04o	16	23	7	7	CD
cord-026144-buctm04o	16	24	]	]	-RRB-
cord-026144-buctm04o	16	25	,	,	,
cord-026144-buctm04o	16	26	making	make	VBG
cord-026144-buctm04o	16	27	trade	trade	NN
cord-026144-buctm04o	16	28	finance	finance	NN
cord-026144-buctm04o	16	29	extremely	extremely	RB
cord-026144-buctm04o	16	30	critical	critical	JJ
cord-026144-buctm04o	16	31	for	for	IN
cord-026144-buctm04o	16	32	smooth	smooth	JJ
cord-026144-buctm04o	16	33	trades	trade	NNS
cord-026144-buctm04o	16	34	.	.	.
cord-026144-buctm04o	17	1	After	after	IN
cord-026144-buctm04o	17	2	the	the	DT
cord-026144-buctm04o	17	3	global	global	JJ
cord-026144-buctm04o	17	4	financial	financial	JJ
cord-026144-buctm04o	17	5	crisis	crisis	NN
cord-026144-buctm04o	17	6	of	of	IN
cord-026144-buctm04o	17	7	2008	2008	CD
cord-026144-buctm04o	17	8	-	-	SYM
cord-026144-buctm04o	17	9	2009	2009	CD
cord-026144-buctm04o	17	10	,	,	,
cord-026144-buctm04o	17	11	the	the	DT
cord-026144-buctm04o	17	12	limited	limited	JJ
cord-026144-buctm04o	17	13	availability	availability	NN
cord-026144-buctm04o	17	14	of	of	IN
cord-026144-buctm04o	17	15	international	international	JJ
cord-026144-buctm04o	17	16	trade	trade	NN
cord-026144-buctm04o	17	17	finance	finance	NN
cord-026144-buctm04o	17	18	has	have	VBZ
cord-026144-buctm04o	17	19	emerged	emerge	VBN
cord-026144-buctm04o	17	20	as	as	IN
cord-026144-buctm04o	17	21	a	a	DT
cord-026144-buctm04o	17	22	potential	potential	JJ
cord-026144-buctm04o	17	23	cause	cause	NN
cord-026144-buctm04o	17	24	for	for	IN
cord-026144-buctm04o	17	25	the	the	DT
cord-026144-buctm04o	17	26	sharp	sharp	JJ
cord-026144-buctm04o	17	27	decline	decline	NN
cord-026144-buctm04o	17	28	in	in	IN
cord-026144-buctm04o	17	29	global	global	JJ
cord-026144-buctm04o	17	30	trade	trade	NN
cord-026144-buctm04o	17	31	[	[	-LRB-
cord-026144-buctm04o	17	32	4	4	CD
cord-026144-buctm04o	17	33	,	,	,
cord-026144-buctm04o	17	34	13	13	CD
cord-026144-buctm04o	17	35	,	,	,
cord-026144-buctm04o	17	36	21	21	CD
cord-026144-buctm04o	17	37	]	]	-RRB-
cord-026144-buctm04o	17	38	.	.	.
cord-026144-buctm04o	18	1	1	1	LS
cord-026144-buctm04o	19	1	As	as	IN
cord-026144-buctm04o	19	2	a	a	DT
cord-026144-buctm04o	19	3	result	result	NN
cord-026144-buctm04o	19	4	,	,	,
cord-026144-buctm04o	19	5	understanding	understand	VBG
cord-026144-buctm04o	19	6	how	how	WRB
cord-026144-buctm04o	19	7	trade	trade	NN
cord-026144-buctm04o	19	8	finance	finance	NN
cord-026144-buctm04o	19	9	costs	cost	NNS
cord-026144-buctm04o	19	10	varied	vary	VBN
cord-026144-buctm04o	19	11	over	over	IN
cord-026144-buctm04o	19	12	the	the	DT
cord-026144-buctm04o	19	13	period	period	NN
cord-026144-buctm04o	19	14	in	in	IN
cord-026144-buctm04o	19	15	and	and	CC
cord-026144-buctm04o	19	16	1	1	CD
cord-026144-buctm04o	19	17	See	see	VB
cord-026144-buctm04o	19	18	[	[	-LRB-
cord-026144-buctm04o	19	19	27	27	CD
cord-026144-buctm04o	19	20	]	]	-RRB-
cord-026144-buctm04o	19	21	for	for	IN
cord-026144-buctm04o	19	22	counter	counter	JJ
cord-026144-buctm04o	19	23	evidence	evidence	NN
cord-026144-buctm04o	19	24	.	.	.
cord-026144-buctm04o	20	1	around	around	IN
cord-026144-buctm04o	20	2	the	the	DT
cord-026144-buctm04o	20	3	financial	financial	JJ
cord-026144-buctm04o	20	4	crisis	crisis	NN
cord-026144-buctm04o	20	5	has	have	VBZ
cord-026144-buctm04o	20	6	become	become	VBN
cord-026144-buctm04o	20	7	critical	critical	JJ
cord-026144-buctm04o	20	8	for	for	IN
cord-026144-buctm04o	20	9	policymakers	policymaker	NNS
cord-026144-buctm04o	20	10	to	to	TO
cord-026144-buctm04o	20	11	ensure	ensure	VB
cord-026144-buctm04o	20	12	adequate	adequate	JJ
cord-026144-buctm04o	20	13	availability	availability	NN
cord-026144-buctm04o	20	14	of	of	IN
cord-026144-buctm04o	20	15	trade	trade	NN
cord-026144-buctm04o	20	16	finance	finance	NN
cord-026144-buctm04o	20	17	during	during	IN
cord-026144-buctm04o	20	18	crisis	crisis	NN
cord-026144-buctm04o	20	19	periods	period	NNS
cord-026144-buctm04o	20	20	in	in	IN
cord-026144-buctm04o	20	21	order	order	NN
cord-026144-buctm04o	20	22	to	to	TO
cord-026144-buctm04o	20	23	mitigate	mitigate	VB
cord-026144-buctm04o	20	24	the	the	DT
cord-026144-buctm04o	20	25	severity	severity	NN
cord-026144-buctm04o	20	26	of	of	IN
cord-026144-buctm04o	20	27	the	the	DT
cord-026144-buctm04o	20	28	crisis	crisis	NN
cord-026144-buctm04o	20	29	.	.	.
cord-026144-buctm04o	21	1	2	2	LS
cord-026144-buctm04o	22	1	In	in	IN
cord-026144-buctm04o	22	2	addition	addition	NN
cord-026144-buctm04o	22	3	,	,	,
cord-026144-buctm04o	22	4	as	as	IN
cord-026144-buctm04o	22	5	the	the	DT
cord-026144-buctm04o	22	6	drivers	driver	NNS
cord-026144-buctm04o	22	7	of	of	IN
cord-026144-buctm04o	22	8	trade	trade	NN
cord-026144-buctm04o	22	9	finance	finance	NN
cord-026144-buctm04o	22	10	may	may	MD
cord-026144-buctm04o	22	11	vary	vary	VB
cord-026144-buctm04o	22	12	across	across	IN
cord-026144-buctm04o	22	13	countries	country	NNS
cord-026144-buctm04o	22	14	,	,	,
cord-026144-buctm04o	22	15	it	-PRON-	PRP
cord-026144-buctm04o	22	16	is	be	VBZ
cord-026144-buctm04o	22	17	important	important	JJ
cord-026144-buctm04o	22	18	to	to	TO
cord-026144-buctm04o	22	19	account	account	VB
cord-026144-buctm04o	22	20	for	for	IN
cord-026144-buctm04o	22	21	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	22	22	while	while	IN
cord-026144-buctm04o	22	23	studying	study	VBG
cord-026144-buctm04o	22	24	the	the	DT
cord-026144-buctm04o	22	25	effect	effect	NN
cord-026144-buctm04o	22	26	of	of	IN
cord-026144-buctm04o	22	27	these	these	DT
cord-026144-buctm04o	22	28	drivers	driver	NNS
cord-026144-buctm04o	22	29	on	on	IN
cord-026144-buctm04o	22	30	trade	trade	NN
cord-026144-buctm04o	22	31	finance	finance	NN
cord-026144-buctm04o	22	32	[	[	-LRB-
cord-026144-buctm04o	22	33	20	20	CD
cord-026144-buctm04o	22	34	]	]	-RRB-
cord-026144-buctm04o	22	35	.	.	.
cord-026144-buctm04o	23	1	A	a	DT
cord-026144-buctm04o	23	2	systematic	systematic	JJ
cord-026144-buctm04o	23	3	study	study	NN
cord-026144-buctm04o	23	4	of	of	IN
cord-026144-buctm04o	23	5	the	the	DT
cord-026144-buctm04o	23	6	drivers	driver	NNS
cord-026144-buctm04o	23	7	of	of	IN
cord-026144-buctm04o	23	8	trade	trade	NN
cord-026144-buctm04o	23	9	finance	finance	NN
cord-026144-buctm04o	23	10	costs	cost	NNS
cord-026144-buctm04o	23	11	can	can	MD
cord-026144-buctm04o	23	12	be	be	VB
cord-026144-buctm04o	23	13	challenging	challenging	JJ
cord-026144-buctm04o	23	14	:	:	:
cord-026144-buctm04o	23	15	modeling	model	VBG
cord-026144-buctm04o	23	16	the	the	DT
cord-026144-buctm04o	23	17	effects	effect	NNS
cord-026144-buctm04o	23	18	of	of	IN
cord-026144-buctm04o	23	19	these	these	DT
cord-026144-buctm04o	23	20	drivers	driver	NNS
cord-026144-buctm04o	23	21	in	in	IN
cord-026144-buctm04o	23	22	dynamic	dynamic	JJ
cord-026144-buctm04o	23	23	environments	environment	NNS
cord-026144-buctm04o	23	24	(	(	-LRB-
cord-026144-buctm04o	23	25	e.g.	e.g.	RB
cord-026144-buctm04o	23	26	,	,	,
cord-026144-buctm04o	23	27	a	a	DT
cord-026144-buctm04o	23	28	financial	financial	JJ
cord-026144-buctm04o	23	29	crisis	crisis	NN
cord-026144-buctm04o	23	30	)	)	-RRB-
cord-026144-buctm04o	24	1	requires	require	VBZ
cord-026144-buctm04o	24	2	one	one	PRP
cord-026144-buctm04o	24	3	to	to	TO
cord-026144-buctm04o	24	4	have	have	VB
cord-026144-buctm04o	24	5	a	a	DT
cord-026144-buctm04o	24	6	method	method	NN
cord-026144-buctm04o	24	7	that	that	WDT
cord-026144-buctm04o	24	8	can	can	MD
cord-026144-buctm04o	24	9	account	account	VB
cord-026144-buctm04o	24	10	for	for	IN
cord-026144-buctm04o	24	11	non	non	JJ
cord-026144-buctm04o	24	12	-	-	JJ
cord-026144-buctm04o	24	13	stationarity	stationarity	JJ
cord-026144-buctm04o	24	14	,	,	,
cord-026144-buctm04o	24	15	changes	change	NNS
cord-026144-buctm04o	24	16	in	in	IN
cord-026144-buctm04o	24	17	parameters	parameter	NNS
cord-026144-buctm04o	24	18	over	over	IN
cord-026144-buctm04o	24	19	time	time	NN
cord-026144-buctm04o	24	20	as	as	RB
cord-026144-buctm04o	24	21	well	well	RB
cord-026144-buctm04o	24	22	as	as	IN
cord-026144-buctm04o	24	23	account	account	NN
cord-026144-buctm04o	24	24	for	for	IN
cord-026144-buctm04o	24	25	cross	cross	JJ
cord-026144-buctm04o	24	26	-	-	JJ
cord-026144-buctm04o	24	27	sectional	sectional	JJ
cord-026144-buctm04o	24	28	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	24	29	[	[	-LRB-
cord-026144-buctm04o	24	30	42	42	CD
cord-026144-buctm04o	24	31	]	]	-RRB-
cord-026144-buctm04o	24	32	.	.	.
cord-026144-buctm04o	25	1	First	first	RB
cord-026144-buctm04o	25	2	,	,	,
cord-026144-buctm04o	25	3	nonstationarity	nonstationarity	NN
cord-026144-buctm04o	25	4	is	be	VBZ
cord-026144-buctm04o	25	5	an	an	DT
cord-026144-buctm04o	25	6	important	important	JJ
cord-026144-buctm04o	25	7	issue	issue	NN
cord-026144-buctm04o	25	8	in	in	IN
cord-026144-buctm04o	25	9	time	time	NN
cord-026144-buctm04o	25	10	-	-	HYPH
cord-026144-buctm04o	25	11	series	series	NN
cord-026144-buctm04o	25	12	analysis	analysis	NN
cord-026144-buctm04o	25	13	of	of	IN
cord-026144-buctm04o	25	14	observational	observational	JJ
cord-026144-buctm04o	25	15	data	datum	NNS
cord-026144-buctm04o	25	16	[	[	-LRB-
cord-026144-buctm04o	25	17	36	36	CD
cord-026144-buctm04o	25	18	,	,	,
cord-026144-buctm04o	25	19	42	42	CD
cord-026144-buctm04o	25	20	]	]	-RRB-
cord-026144-buctm04o	25	21	.	.	.
cord-026144-buctm04o	26	1	3	3	LS
cord-026144-buctm04o	27	1	The	the	DT
cord-026144-buctm04o	27	2	usual	usual	JJ
cord-026144-buctm04o	27	3	approach	approach	NN
cord-026144-buctm04o	27	4	to	to	TO
cord-026144-buctm04o	27	5	address	address	VB
cord-026144-buctm04o	27	6	nonstationarity	nonstationarity	NN
cord-026144-buctm04o	27	7	requires	require	VBZ
cord-026144-buctm04o	27	8	filtering	filter	VBG
cord-026144-buctm04o	27	9	the	the	DT
cord-026144-buctm04o	27	10	data	datum	NNS
cord-026144-buctm04o	27	11	in	in	IN
cord-026144-buctm04o	27	12	the	the	DT
cord-026144-buctm04o	27	13	hope	hope	NN
cord-026144-buctm04o	27	14	of	of	IN
cord-026144-buctm04o	27	15	making	make	VBG
cord-026144-buctm04o	27	16	the	the	DT
cord-026144-buctm04o	27	17	time	time	NN
cord-026144-buctm04o	27	18	-	-	HYPH
cord-026144-buctm04o	27	19	series	series	NN
cord-026144-buctm04o	27	20	mean	mean	NN
cord-026144-buctm04o	27	21	and	and	CC
cord-026144-buctm04o	27	22	covariance	covariance	NN
cord-026144-buctm04o	27	23	stationary	stationary	JJ
cord-026144-buctm04o	27	24	.	.	.
cord-026144-buctm04o	28	1	4	4	LS
cord-026144-buctm04o	29	1	However	however	RB
cord-026144-buctm04o	29	2	,	,	,
cord-026144-buctm04o	29	3	methods	method	NNS
cord-026144-buctm04o	29	4	for	for	IN
cord-026144-buctm04o	29	5	filtering	filter	VBG
cord-026144-buctm04o	29	6	time	time	NN
cord-026144-buctm04o	29	7	series	series	NN
cord-026144-buctm04o	29	8	,	,	,
cord-026144-buctm04o	29	9	such	such	JJ
cord-026144-buctm04o	29	10	as	as	IN
cord-026144-buctm04o	29	11	first	first	JJ
cord-026144-buctm04o	29	12	differences	difference	NNS
cord-026144-buctm04o	29	13	can	can	MD
cord-026144-buctm04o	29	14	lead	lead	VB
cord-026144-buctm04o	29	15	to	to	IN
cord-026144-buctm04o	29	16	distortion	distortion	NN
cord-026144-buctm04o	29	17	in	in	IN
cord-026144-buctm04o	29	18	the	the	DT
cord-026144-buctm04o	29	19	spectrum	spectrum	NN
cord-026144-buctm04o	29	20	,	,	,
cord-026144-buctm04o	29	21	thereby	thereby	RB
cord-026144-buctm04o	29	22	impacting	impact	VBG
cord-026144-buctm04o	29	23	inferences	inference	NNS
cord-026144-buctm04o	29	24	about	about	IN
cord-026144-buctm04o	29	25	the	the	DT
cord-026144-buctm04o	29	26	dynamics	dynamic	NNS
cord-026144-buctm04o	29	27	of	of	IN
cord-026144-buctm04o	29	28	the	the	DT
cord-026144-buctm04o	29	29	system	system	NN
cord-026144-buctm04o	29	30	[	[	-LRB-
cord-026144-buctm04o	29	31	22	22	CD
cord-026144-buctm04o	29	32	]	]	-RRB-
cord-026144-buctm04o	29	33	.	.	.
cord-026144-buctm04o	30	1	Further	further	RB
cord-026144-buctm04o	30	2	,	,	,
cord-026144-buctm04o	30	3	filtering	filter	VBG
cord-026144-buctm04o	30	4	the	the	DT
cord-026144-buctm04o	30	5	data	datum	NNS
cord-026144-buctm04o	30	6	to	to	TO
cord-026144-buctm04o	30	7	make	make	VB
cord-026144-buctm04o	30	8	the	the	DT
cord-026144-buctm04o	30	9	time	time	NN
cord-026144-buctm04o	30	10	-	-	HYPH
cord-026144-buctm04o	30	11	series	series	NN
cord-026144-buctm04o	30	12	stationary	stationary	NN
cord-026144-buctm04o	30	13	can	can	MD
cord-026144-buctm04o	30	14	(	(	-LRB-
cord-026144-buctm04o	30	15	i	i	NN
cord-026144-buctm04o	30	16	)	)	-RRB-
cord-026144-buctm04o	30	17	hinder	hinder	VB
cord-026144-buctm04o	30	18	model	model	NN
cord-026144-buctm04o	30	19	interpretability	interpretability	NN
cord-026144-buctm04o	30	20	,	,	,
cord-026144-buctm04o	30	21	and	and	CC
cord-026144-buctm04o	30	22	(	(	-LRB-
cord-026144-buctm04o	30	23	ii	ii	NN
cord-026144-buctm04o	30	24	)	)	-RRB-
cord-026144-buctm04o	30	25	emphasize	emphasize	VB
cord-026144-buctm04o	30	26	noise	noise	NN
cord-026144-buctm04o	30	27	at	at	IN
cord-026144-buctm04o	30	28	the	the	DT
cord-026144-buctm04o	30	29	expense	expense	NN
cord-026144-buctm04o	30	30	of	of	IN
cord-026144-buctm04o	30	31	signal	signal	NN
cord-026144-buctm04o	30	32	[	[	-LRB-
cord-026144-buctm04o	30	33	43	43	CD
cord-026144-buctm04o	30	34	]	]	-RRB-
cord-026144-buctm04o	30	35	.	.	.
cord-026144-buctm04o	31	1	Second	second	RB
cord-026144-buctm04o	31	2	,	,	,
cord-026144-buctm04o	31	3	the	the	DT
cord-026144-buctm04o	31	4	effect	effect	NN
cord-026144-buctm04o	31	5	of	of	IN
cord-026144-buctm04o	31	6	the	the	DT
cord-026144-buctm04o	31	7	drivers	driver	NNS
cord-026144-buctm04o	31	8	of	of	IN
cord-026144-buctm04o	31	9	trade	trade	NN
cord-026144-buctm04o	31	10	finance	finance	NN
cord-026144-buctm04o	31	11	costs	cost	VBZ
cord-026144-buctm04o	31	12	changes	change	NNS
cord-026144-buctm04o	31	13	over	over	IN
cord-026144-buctm04o	31	14	time	time	NN
cord-026144-buctm04o	31	15	[	[	-LRB-
cord-026144-buctm04o	31	16	10	10	CD
cord-026144-buctm04o	31	17	]	]	-RRB-
cord-026144-buctm04o	31	18	.	.	.
cord-026144-buctm04o	32	1	These	these	DT
cord-026144-buctm04o	32	2	shifts	shift	NNS
cord-026144-buctm04o	32	3	happen	happen	VBP
cord-026144-buctm04o	32	4	due	due	IN
cord-026144-buctm04o	32	5	to	to	IN
cord-026144-buctm04o	32	6	time	time	NN
cord-026144-buctm04o	32	7	-	-	HYPH
cord-026144-buctm04o	32	8	varying	vary	VBG
cord-026144-buctm04o	32	9	technological	technological	JJ
cord-026144-buctm04o	32	10	advances	advance	NNS
cord-026144-buctm04o	32	11	,	,	,
cord-026144-buctm04o	32	12	regulatory	regulatory	JJ
cord-026144-buctm04o	32	13	changes	change	NNS
cord-026144-buctm04o	32	14	,	,	,
cord-026144-buctm04o	32	15	and	and	CC
cord-026144-buctm04o	32	16	evolution	evolution	NN
cord-026144-buctm04o	32	17	of	of	IN
cord-026144-buctm04o	32	18	the	the	DT
cord-026144-buctm04o	32	19	banking	banking	NN
cord-026144-buctm04o	32	20	sector	sector	NN
cord-026144-buctm04o	32	21	competitive	competitive	JJ
cord-026144-buctm04o	32	22	environment	environment	NN
cord-026144-buctm04o	32	23	,	,	,
cord-026144-buctm04o	32	24	among	among	IN
cord-026144-buctm04o	32	25	others	other	NNS
cord-026144-buctm04o	32	26	.	.	.
cord-026144-buctm04o	33	1	As	as	IN
cord-026144-buctm04o	33	2	we	-PRON-	PRP
cord-026144-buctm04o	33	3	are	be	VBP
cord-026144-buctm04o	33	4	studying	study	VBG
cord-026144-buctm04o	33	5	2008	2008	CD
cord-026144-buctm04o	33	6	-	-	SYM
cord-026144-buctm04o	33	7	2009	2009	CD
cord-026144-buctm04o	33	8	global	global	JJ
cord-026144-buctm04o	33	9	financial	financial	JJ
cord-026144-buctm04o	33	10	crisis	crisis	NN
cord-026144-buctm04o	33	11	,	,	,
cord-026144-buctm04o	33	12	many	many	JJ
cord-026144-buctm04o	33	13	drivers	driver	NNS
cord-026144-buctm04o	33	14	of	of	IN
cord-026144-buctm04o	33	15	the	the	DT
cord-026144-buctm04o	33	16	costs	cost	NNS
cord-026144-buctm04o	33	17	may	may	MD
cord-026144-buctm04o	33	18	have	have	VB
cord-026144-buctm04o	33	19	different	different	JJ
cord-026144-buctm04o	33	20	effects	effect	NNS
cord-026144-buctm04o	33	21	during	during	IN
cord-026144-buctm04o	33	22	the	the	DT
cord-026144-buctm04o	33	23	crisis	crisis	NN
cord-026144-buctm04o	33	24	compared	compare	VBN
cord-026144-buctm04o	33	25	to	to	IN
cord-026144-buctm04o	33	26	the	the	DT
cord-026144-buctm04o	33	27	pre	pre	JJ
cord-026144-buctm04o	33	28	-	-	JJ
cord-026144-buctm04o	33	29	crisis	crisis	JJ
cord-026144-buctm04o	33	30	period	period	NN
cord-026144-buctm04o	33	31	.	.	.
cord-026144-buctm04o	34	1	For	for	IN
cord-026144-buctm04o	34	2	example	example	NN
cord-026144-buctm04o	34	3	,	,	,
cord-026144-buctm04o	34	4	during	during	IN
cord-026144-buctm04o	34	5	the	the	DT
cord-026144-buctm04o	34	6	crisis	crisis	NN
cord-026144-buctm04o	34	7	many	many	JJ
cord-026144-buctm04o	34	8	lenders	lender	NNS
cord-026144-buctm04o	34	9	may	may	MD
cord-026144-buctm04o	34	10	prefer	prefer	VB
cord-026144-buctm04o	34	11	borrowers	borrower	NNS
cord-026144-buctm04o	34	12	with	with	IN
cord-026144-buctm04o	34	13	the	the	DT
cord-026144-buctm04o	34	14	top	top	JJ
cord-026144-buctm04o	34	15	most	most	JJS
cord-026144-buctm04o	34	16	quality	quality	NN
cord-026144-buctm04o	34	17	,	,	,
cord-026144-buctm04o	34	18	thus	thus	RB
cord-026144-buctm04o	34	19	exhibiting	exhibit	VBG
cord-026144-buctm04o	34	20	a	a	DT
cord-026144-buctm04o	34	21	"	"	``
cord-026144-buctm04o	34	22	flight	flight	NN
cord-026144-buctm04o	34	23	to	to	IN
cord-026144-buctm04o	34	24	quality	quality	NN
cord-026144-buctm04o	34	25	"	"	''
cord-026144-buctm04o	34	26	[	[	-LRB-
cord-026144-buctm04o	34	27	12	12	CD
cord-026144-buctm04o	34	28	]	]	-RRB-
cord-026144-buctm04o	34	29	.	.	.
cord-026144-buctm04o	35	1	To	to	TO
cord-026144-buctm04o	35	2	capture	capture	VB
cord-026144-buctm04o	35	3	changes	change	NNS
cord-026144-buctm04o	35	4	in	in	IN
cord-026144-buctm04o	35	5	model	model	NN
cord-026144-buctm04o	35	6	parameters	parameter	NNS
cord-026144-buctm04o	35	7	over	over	IN
cord-026144-buctm04o	35	8	time	time	NN
cord-026144-buctm04o	35	9	,	,	,
cord-026144-buctm04o	35	10	studies	study	NNS
cord-026144-buctm04o	35	11	typically	typically	RB
cord-026144-buctm04o	35	12	use	use	VBP
cord-026144-buctm04o	35	13	either	either	DT
cord-026144-buctm04o	35	14	(	(	-LRB-
cord-026144-buctm04o	35	15	1	1	LS
cord-026144-buctm04o	35	16	)	)	-RRB-
cord-026144-buctm04o	35	17	moving	move	VBG
cord-026144-buctm04o	35	18	windows	window	NNS
cord-026144-buctm04o	35	19	to	to	TO
cord-026144-buctm04o	35	20	provide	provide	VB
cord-026144-buctm04o	35	21	parameter	parameter	NN
cord-026144-buctm04o	35	22	paths	path	NNS
cord-026144-buctm04o	35	23	,	,	,
cord-026144-buctm04o	35	24	or	or	CC
cord-026144-buctm04o	35	25	(	(	-LRB-
cord-026144-buctm04o	35	26	2	2	LS
cord-026144-buctm04o	35	27	)	)	-RRB-
cord-026144-buctm04o	35	28	perform	perform	VB
cord-026144-buctm04o	35	29	a	a	DT
cord-026144-buctm04o	35	30	before	before	NN
cord-026144-buctm04o	35	31	-	-	HYPH
cord-026144-buctm04o	35	32	and	and	CC
cord-026144-buctm04o	35	33	-	-	HYPH
cord-026144-buctm04o	35	34	after	after	IN
cord-026144-buctm04o	35	35	analysis	analysis	NN
cord-026144-buctm04o	35	36	.	.	.
cord-026144-buctm04o	36	1	However	however	RB
cord-026144-buctm04o	36	2	,	,	,
cord-026144-buctm04o	36	3	both	both	CC
cord-026144-buctm04o	36	4	these	these	DT
cord-026144-buctm04o	36	5	methods	method	NNS
cord-026144-buctm04o	36	6	suffer	suffer	VBP
cord-026144-buctm04o	36	7	from	from	IN
cord-026144-buctm04o	36	8	certain	certain	JJ
cord-026144-buctm04o	36	9	deficiencies	deficiency	NNS
cord-026144-buctm04o	36	10	.	.	.
cord-026144-buctm04o	37	1	Models	model	NNS
cord-026144-buctm04o	37	2	that	that	WDT
cord-026144-buctm04o	37	3	yield	yield	VBP
cord-026144-buctm04o	37	4	parameter	parameter	NN
cord-026144-buctm04o	37	5	paths	path	NNS
cord-026144-buctm04o	37	6	[	[	-LRB-
cord-026144-buctm04o	37	7	11	11	CD
cord-026144-buctm04o	37	8	,	,	,
cord-026144-buctm04o	37	9	32	32	CD
cord-026144-buctm04o	37	10	]	]	-RRB-
cord-026144-buctm04o	37	11	by	by	IN
cord-026144-buctm04o	37	12	using	use	VBG
cord-026144-buctm04o	37	13	moving	move	VBG
cord-026144-buctm04o	37	14	windows	window	NNS
cord-026144-buctm04o	37	15	to	to	TO
cord-026144-buctm04o	37	16	compute	compute	VB
cord-026144-buctm04o	37	17	changes	change	NNS
cord-026144-buctm04o	37	18	in	in	IN
cord-026144-buctm04o	37	19	parameters	parameter	NNS
cord-026144-buctm04o	37	20	over	over	IN
cord-026144-buctm04o	37	21	time	time	NN
cord-026144-buctm04o	37	22	leads	lead	VBZ
cord-026144-buctm04o	37	23	to	to	IN
cord-026144-buctm04o	37	24	inefficient	inefficient	JJ
cord-026144-buctm04o	37	25	estimates	estimate	NNS
cord-026144-buctm04o	37	26	since	since	IN
cord-026144-buctm04o	37	27	,	,	,
cord-026144-buctm04o	37	28	each	each	DT
cord-026144-buctm04o	37	29	time	time	NN
cord-026144-buctm04o	37	30	,	,	,
cord-026144-buctm04o	37	31	only	only	RB
cord-026144-buctm04o	37	32	a	a	DT
cord-026144-buctm04o	37	33	subset	subset	NN
cord-026144-buctm04o	37	34	of	of	IN
cord-026144-buctm04o	37	35	the	the	DT
cord-026144-buctm04o	37	36	data	data	NN
cord-026144-buctm04o	37	37	is	be	VBZ
cord-026144-buctm04o	37	38	analyzed	analyze	VBN
cord-026144-buctm04o	37	39	.	.	.
cord-026144-buctm04o	38	1	These	these	DT
cord-026144-buctm04o	38	2	methods	method	NNS
cord-026144-buctm04o	38	3	also	also	RB
cord-026144-buctm04o	38	4	presents	present	VBZ
cord-026144-buctm04o	38	5	a	a	DT
cord-026144-buctm04o	38	6	dilemma	dilemma	NN
cord-026144-buctm04o	38	7	in	in	IN
cord-026144-buctm04o	38	8	terms	term	NNS
cord-026144-buctm04o	38	9	of	of	IN
cord-026144-buctm04o	38	10	selection	selection	NN
cord-026144-buctm04o	38	11	of	of	IN
cord-026144-buctm04o	38	12	the	the	DT
cord-026144-buctm04o	38	13	length	length	NN
cord-026144-buctm04o	38	14	of	of	IN
cord-026144-buctm04o	38	15	the	the	DT
cord-026144-buctm04o	38	16	window	window	NN
cord-026144-buctm04o	38	17	as	as	IN
cord-026144-buctm04o	38	18	short	short	JJ
cord-026144-buctm04o	38	19	windows	window	NNS
cord-026144-buctm04o	38	20	yield	yield	VBP
cord-026144-buctm04o	38	21	unreliable	unreliable	JJ
cord-026144-buctm04o	38	22	estimates	estimate	NNS
cord-026144-buctm04o	38	23	while	while	IN
cord-026144-buctm04o	38	24	long	long	JJ
cord-026144-buctm04o	38	25	windows	window	NNS
cord-026144-buctm04o	38	26	imply	imply	VBP
cord-026144-buctm04o	38	27	coarse	coarse	JJ
cord-026144-buctm04o	38	28	estimates	estimate	NNS
cord-026144-buctm04o	38	29	and	and	CC
cord-026144-buctm04o	38	30	may	may	MD
cord-026144-buctm04o	38	31	also	also	RB
cord-026144-buctm04o	38	32	induce	induce	VB
cord-026144-buctm04o	38	33	artificial	artificial	JJ
cord-026144-buctm04o	38	34	autocorrelation	autocorrelation	NN
cord-026144-buctm04o	38	35	.	.	.
cord-026144-buctm04o	39	1	Using	use	VBG
cord-026144-buctm04o	39	2	before	before	RB
cord-026144-buctm04o	39	3	-	-	HYPH
cord-026144-buctm04o	39	4	and	and	CC
cord-026144-buctm04o	39	5	-	-	HYPH
cord-026144-buctm04o	39	6	after	after	NN
cord-026144-buctm04o	39	7	analysis	analysis	NN
cord-026144-buctm04o	39	8	[	[	-LRB-
cord-026144-buctm04o	39	9	9	9	CD
cord-026144-buctm04o	39	10	,	,	,
cord-026144-buctm04o	39	11	25	25	CD
cord-026144-buctm04o	39	12	,	,	,
cord-026144-buctm04o	39	13	38	38	CD
cord-026144-buctm04o	39	14	]	]	-RRB-
cord-026144-buctm04o	39	15	to	to	TO
cord-026144-buctm04o	39	16	study	study	VB
cord-026144-buctm04o	39	17	parameter	parameter	NN
cord-026144-buctm04o	39	18	changes	change	NNS
cord-026144-buctm04o	39	19	over	over	IN
cord-026144-buctm04o	39	20	time	time	NN
cord-026144-buctm04o	39	21	implies	imply	VBZ
cord-026144-buctm04o	39	22	estimating	estimate	VBG
cord-026144-buctm04o	39	23	different	different	JJ
cord-026144-buctm04o	39	24	models	model	NNS
cord-026144-buctm04o	39	25	before	before	IN
cord-026144-buctm04o	39	26	and	and	CC
cord-026144-buctm04o	39	27	after	after	IN
cord-026144-buctm04o	39	28	the	the	DT
cord-026144-buctm04o	39	29	event	event	NN
cord-026144-buctm04o	39	30	.	.	.
cord-026144-buctm04o	40	1	The	the	DT
cord-026144-buctm04o	40	2	'	'	``
cord-026144-buctm04o	40	3	after	after	IN
cord-026144-buctm04o	40	4	'	'	''
cord-026144-buctm04o	40	5	model	model	NN
cord-026144-buctm04o	40	6	is	be	VBZ
cord-026144-buctm04o	40	7	estimated	estimate	VBN
cord-026144-buctm04o	40	8	using	use	VBG
cord-026144-buctm04o	40	9	data	datum	NNS
cord-026144-buctm04o	40	10	from	from	IN
cord-026144-buctm04o	40	11	after	after	IN
cord-026144-buctm04o	40	12	the	the	DT
cord-026144-buctm04o	40	13	event	event	NN
cord-026144-buctm04o	40	14	under	under	IN
cord-026144-buctm04o	40	15	the	the	DT
cord-026144-buctm04o	40	16	assumption	assumption	NN
cord-026144-buctm04o	40	17	that	that	IN
cord-026144-buctm04o	40	18	this	this	DT
cord-026144-buctm04o	40	19	data	data	NN
cord-026144-buctm04o	40	20	represents	represent	VBZ
cord-026144-buctm04o	40	21	the	the	DT
cord-026144-buctm04o	40	22	new	new	JJ
cord-026144-buctm04o	40	23	and	and	CC
cord-026144-buctm04o	40	24	stabilized	stabilized	JJ
cord-026144-buctm04o	40	25	situation	situation	NN
cord-026144-buctm04o	40	26	.	.	.
cord-026144-buctm04o	41	1	A	a	DT
cord-026144-buctm04o	41	2	disadvantage	disadvantage	NN
cord-026144-buctm04o	41	3	of	of	IN
cord-026144-buctm04o	41	4	this	this	DT
cord-026144-buctm04o	41	5	approach	approach	NN
cord-026144-buctm04o	41	6	is	be	VBZ
cord-026144-buctm04o	41	7	the	the	DT
cord-026144-buctm04o	41	8	loss	loss	NN
cord-026144-buctm04o	41	9	in	in	IN
cord-026144-buctm04o	41	10	2	2	CD
cord-026144-buctm04o	41	11	Such	such	JJ
cord-026144-buctm04o	41	12	as	as	IN
cord-026144-buctm04o	41	13	the	the	DT
cord-026144-buctm04o	41	14	World	World	NNP
cord-026144-buctm04o	41	15	Trade	Trade	NNP
cord-026144-buctm04o	41	16	Organization	Organization	NNP
cord-026144-buctm04o	41	17	(	(	-LRB-
cord-026144-buctm04o	41	18	WTO	WTO	NNP
cord-026144-buctm04o	41	19	)	)	-RRB-
cord-026144-buctm04o	41	20	,	,	,
cord-026144-buctm04o	41	21	the	the	DT
cord-026144-buctm04o	41	22	World	World	NNP
cord-026144-buctm04o	41	23	Bank	Bank	NNP
cord-026144-buctm04o	41	24	(	(	-LRB-
cord-026144-buctm04o	41	25	WB	WB	NNP
cord-026144-buctm04o	41	26	)	)	-RRB-
cord-026144-buctm04o	41	27	,	,	,
cord-026144-buctm04o	41	28	and	and	CC
cord-026144-buctm04o	41	29	the	the	DT
cord-026144-buctm04o	41	30	International	International	NNP
cord-026144-buctm04o	41	31	Monetary	Monetary	NNP
cord-026144-buctm04o	41	32	Fund	Fund	NNP
cord-026144-buctm04o	41	33	(	(	-LRB-
cord-026144-buctm04o	41	34	IMF	IMF	NNP
cord-026144-buctm04o	41	35	)	)	-RRB-
cord-026144-buctm04o	41	36	.	.	.
cord-026144-buctm04o	42	1	3	3	LS
cord-026144-buctm04o	43	1	The	the	DT
cord-026144-buctm04o	43	2	studies	study	NNS
cord-026144-buctm04o	43	3	that	that	WDT
cord-026144-buctm04o	43	4	used	use	VBD
cord-026144-buctm04o	43	5	surveys	survey	NNS
cord-026144-buctm04o	43	6	for	for	IN
cord-026144-buctm04o	43	7	understanding	understand	VBG
cord-026144-buctm04o	43	8	the	the	DT
cord-026144-buctm04o	43	9	impact	impact	NN
cord-026144-buctm04o	43	10	of	of	IN
cord-026144-buctm04o	43	11	financial	financial	JJ
cord-026144-buctm04o	43	12	crisis	crisis	NN
cord-026144-buctm04o	43	13	on	on	IN
cord-026144-buctm04o	43	14	trade	trade	NN
cord-026144-buctm04o	43	15	finance	finance	NN
cord-026144-buctm04o	43	16	costs	cost	NNS
cord-026144-buctm04o	43	17	[	[	-LRB-
cord-026144-buctm04o	43	18	30	30	CD
cord-026144-buctm04o	43	19	]	]	-RRB-
cord-026144-buctm04o	43	20	are	be	VBP
cord-026144-buctm04o	43	21	also	also	RB
cord-026144-buctm04o	43	22	susceptible	susceptible	JJ
cord-026144-buctm04o	43	23	to	to	IN
cord-026144-buctm04o	43	24	biases	bias	NNS
cord-026144-buctm04o	43	25	present	present	JJ
cord-026144-buctm04o	43	26	in	in	IN
cord-026144-buctm04o	43	27	survey	survey	NN
cord-026144-buctm04o	43	28	methods	method	NNS
cord-026144-buctm04o	43	29	.	.	.
cord-026144-buctm04o	44	1	First	first	RB
cord-026144-buctm04o	44	2	,	,	,
cord-026144-buctm04o	44	3	survey	survey	NN
cord-026144-buctm04o	44	4	responses	response	NNS
cord-026144-buctm04o	44	5	have	have	VBP
cord-026144-buctm04o	44	6	subjective	subjective	JJ
cord-026144-buctm04o	44	7	components	component	NNS
cord-026144-buctm04o	44	8	.	.	.
cord-026144-buctm04o	45	1	If	if	IN
cord-026144-buctm04o	45	2	this	this	DT
cord-026144-buctm04o	45	3	subjectivity	subjectivity	NN
cord-026144-buctm04o	45	4	is	be	VBZ
cord-026144-buctm04o	45	5	common	common	JJ
cord-026144-buctm04o	45	6	across	across	IN
cord-026144-buctm04o	45	7	the	the	DT
cord-026144-buctm04o	45	8	survey	survey	NN
cord-026144-buctm04o	45	9	respondents	respondent	NNS
cord-026144-buctm04o	45	10	,	,	,
cord-026144-buctm04o	45	11	a	a	DT
cord-026144-buctm04o	45	12	strong	strong	JJ
cord-026144-buctm04o	45	13	bias	bias	NN
cord-026144-buctm04o	45	14	will	will	MD
cord-026144-buctm04o	45	15	be	be	VB
cord-026144-buctm04o	45	16	present	present	JJ
cord-026144-buctm04o	45	17	in	in	IN
cord-026144-buctm04o	45	18	their	-PRON-	PRP$
cord-026144-buctm04o	45	19	responses	response	NNS
cord-026144-buctm04o	45	20	.	.	.
cord-026144-buctm04o	46	1	For	for	IN
cord-026144-buctm04o	46	2	example	example	NN
cord-026144-buctm04o	46	3	,	,	,
cord-026144-buctm04o	46	4	managers	manager	NNS
cord-026144-buctm04o	46	5	from	from	IN
cord-026144-buctm04o	46	6	the	the	DT
cord-026144-buctm04o	46	7	same	same	JJ
cord-026144-buctm04o	46	8	country	country	NN
cord-026144-buctm04o	46	9	tend	tend	VBP
cord-026144-buctm04o	46	10	to	to	TO
cord-026144-buctm04o	46	11	exhibit	exhibit	VB
cord-026144-buctm04o	46	12	common	common	JJ
cord-026144-buctm04o	46	13	bias	bias	NN
cord-026144-buctm04o	46	14	in	in	IN
cord-026144-buctm04o	46	15	their	-PRON-	PRP$
cord-026144-buctm04o	46	16	responses	response	NNS
cord-026144-buctm04o	46	17	[	[	-LRB-
cord-026144-buctm04o	46	18	8	8	CD
cord-026144-buctm04o	46	19	]	]	-RRB-
cord-026144-buctm04o	46	20	.	.	.
cord-026144-buctm04o	47	1	Second	second	RB
cord-026144-buctm04o	47	2	,	,	,
cord-026144-buctm04o	47	3	survey	survey	NN
cord-026144-buctm04o	47	4	responses	response	NNS
cord-026144-buctm04o	47	5	are	be	VBP
cord-026144-buctm04o	47	6	difficult	difficult	JJ
cord-026144-buctm04o	47	7	to	to	TO
cord-026144-buctm04o	47	8	verify	verify	VB
cord-026144-buctm04o	47	9	.	.	.
cord-026144-buctm04o	48	1	Managers	manager	NNS
cord-026144-buctm04o	48	2	may	may	MD
cord-026144-buctm04o	48	3	over	over	RB
cord-026144-buctm04o	48	4	-	-	:
cord-026144-buctm04o	48	5	or	or	CC
cord-026144-buctm04o	48	6	under	under	IN
cord-026144-buctm04o	48	7	-	-	HYPH
cord-026144-buctm04o	48	8	estimate	estimate	VBP
cord-026144-buctm04o	48	9	their	-PRON-	PRP$
cord-026144-buctm04o	48	10	trade	trade	NN
cord-026144-buctm04o	48	11	finance	finance	NN
cord-026144-buctm04o	48	12	costs	cost	NNS
cord-026144-buctm04o	48	13	systematically	systematically	RB
cord-026144-buctm04o	48	14	,	,	,
cord-026144-buctm04o	48	15	depending	depend	VBG
cord-026144-buctm04o	48	16	on	on	IN
cord-026144-buctm04o	48	17	the	the	DT
cord-026144-buctm04o	48	18	countries	country	NNS
cord-026144-buctm04o	48	19	where	where	WRB
cord-026144-buctm04o	48	20	their	-PRON-	PRP$
cord-026144-buctm04o	48	21	firms	firm	NNS
cord-026144-buctm04o	48	22	operate	operate	VBP
cord-026144-buctm04o	48	23	.	.	.
cord-026144-buctm04o	49	1	Finally	finally	RB
cord-026144-buctm04o	49	2	,	,	,
cord-026144-buctm04o	49	3	survey	survey	NN
cord-026144-buctm04o	49	4	research	research	NN
cord-026144-buctm04o	49	5	is	be	VBZ
cord-026144-buctm04o	49	6	often	often	RB
cord-026144-buctm04o	49	7	done	do	VBN
cord-026144-buctm04o	49	8	in	in	IN
cord-026144-buctm04o	49	9	one	one	CD
cord-026144-buctm04o	49	10	cross	cross	JJ
cord-026144-buctm04o	49	11	-	-	NN
cord-026144-buctm04o	49	12	section	section	NN
cord-026144-buctm04o	49	13	of	of	IN
cord-026144-buctm04o	49	14	time	time	NN
cord-026144-buctm04o	49	15	,	,	,
cord-026144-buctm04o	49	16	making	make	VBG
cord-026144-buctm04o	49	17	it	-PRON-	PRP
cord-026144-buctm04o	49	18	impossible	impossible	JJ
cord-026144-buctm04o	49	19	to	to	TO
cord-026144-buctm04o	49	20	capture	capture	VB
cord-026144-buctm04o	49	21	the	the	DT
cord-026144-buctm04o	49	22	variation	variation	NN
cord-026144-buctm04o	49	23	over	over	IN
cord-026144-buctm04o	49	24	time	time	NN
cord-026144-buctm04o	49	25	.	.	.
cord-026144-buctm04o	50	1	4	4	LS
cord-026144-buctm04o	50	2	Methods	method	NNS
cord-026144-buctm04o	50	3	like	like	IN
cord-026144-buctm04o	50	4	vector	vector	NN
cord-026144-buctm04o	50	5	autoregression	autoregression	NN
cord-026144-buctm04o	50	6	(	(	-LRB-
cord-026144-buctm04o	50	7	VAR	VAR	NNP
cord-026144-buctm04o	50	8	)	)	-RRB-
cord-026144-buctm04o	50	9	often	often	RB
cord-026144-buctm04o	50	10	filter	filter	VBP
cord-026144-buctm04o	50	11	data	datum	NNS
cord-026144-buctm04o	50	12	to	to	TO
cord-026144-buctm04o	50	13	make	make	VB
cord-026144-buctm04o	50	14	it	-PRON-	PRP
cord-026144-buctm04o	50	15	stationary	stationary	JJ
cord-026144-buctm04o	50	16	[	[	-LRB-
cord-026144-buctm04o	50	17	15	15	CD
cord-026144-buctm04o	50	18	,	,	,
cord-026144-buctm04o	50	19	17	17	CD
cord-026144-buctm04o	50	20	,	,	,
cord-026144-buctm04o	50	21	34	34	CD
cord-026144-buctm04o	50	22	]	]	-RRB-
cord-026144-buctm04o	50	23	.	.	.
cord-026144-buctm04o	51	1	statistical	statistical	JJ
cord-026144-buctm04o	51	2	efficiency	efficiency	NN
cord-026144-buctm04o	51	3	as	as	IN
cord-026144-buctm04o	51	4	a	a	DT
cord-026144-buctm04o	51	5	result	result	NN
cord-026144-buctm04o	51	6	of	of	IN
cord-026144-buctm04o	51	7	ignoring	ignore	VBG
cord-026144-buctm04o	51	8	effects	effect	NNS
cord-026144-buctm04o	51	9	present	present	JJ
cord-026144-buctm04o	51	10	in	in	IN
cord-026144-buctm04o	51	11	part	part	NN
cord-026144-buctm04o	51	12	of	of	IN
cord-026144-buctm04o	51	13	the	the	DT
cord-026144-buctm04o	51	14	data	datum	NNS
cord-026144-buctm04o	51	15	.	.	.
cord-026144-buctm04o	52	1	Further	further	RB
cord-026144-buctm04o	52	2	,	,	,
cord-026144-buctm04o	52	3	this	this	DT
cord-026144-buctm04o	52	4	approach	approach	NN
cord-026144-buctm04o	52	5	assumes	assume	VBZ
cord-026144-buctm04o	52	6	that	that	IN
cord-026144-buctm04o	52	7	the	the	DT
cord-026144-buctm04o	52	8	underlying	underlying	JJ
cord-026144-buctm04o	52	9	adjustment	adjustment	NN
cord-026144-buctm04o	52	10	(	(	-LRB-
cord-026144-buctm04o	52	11	due	due	IN
cord-026144-buctm04o	52	12	to	to	IN
cord-026144-buctm04o	52	13	events	event	NNS
cord-026144-buctm04o	52	14	,	,	,
cord-026144-buctm04o	52	15	such	such	JJ
cord-026144-buctm04o	52	16	as	as	IN
cord-026144-buctm04o	52	17	the	the	DT
cord-026144-buctm04o	52	18	financial	financial	JJ
cord-026144-buctm04o	52	19	crisis	crisis	NN
cord-026144-buctm04o	52	20	)	)	-RRB-
cord-026144-buctm04o	52	21	occurs	occur	VBZ
cord-026144-buctm04o	52	22	instantaneously	instantaneously	RB
cord-026144-buctm04o	52	23	.	.	.
cord-026144-buctm04o	53	1	However	however	RB
cord-026144-buctm04o	53	2	,	,	,
cord-026144-buctm04o	53	3	in	in	IN
cord-026144-buctm04o	53	4	practice	practice	NN
cord-026144-buctm04o	53	5	,	,	,
cord-026144-buctm04o	53	6	it	-PRON-	PRP
cord-026144-buctm04o	53	7	may	may	MD
cord-026144-buctm04o	53	8	take	take	VB
cord-026144-buctm04o	53	9	time	time	NN
cord-026144-buctm04o	53	10	for	for	IN
cord-026144-buctm04o	53	11	financial	financial	JJ
cord-026144-buctm04o	53	12	markets	market	NNS
cord-026144-buctm04o	53	13	to	to	TO
cord-026144-buctm04o	53	14	adjust	adjust	VB
cord-026144-buctm04o	53	15	before	before	IN
cord-026144-buctm04o	53	16	it	-PRON-	PRP
cord-026144-buctm04o	53	17	reaches	reach	VBZ
cord-026144-buctm04o	53	18	a	a	DT
cord-026144-buctm04o	53	19	new	new	JJ
cord-026144-buctm04o	53	20	equilibrium	equilibrium	NN
cord-026144-buctm04o	53	21	.	.	.
cord-026144-buctm04o	54	1	This	this	DT
cord-026144-buctm04o	54	2	also	also	RB
cord-026144-buctm04o	54	3	serves	serve	VBZ
cord-026144-buctm04o	54	4	to	to	TO
cord-026144-buctm04o	54	5	highlight	highlight	VB
cord-026144-buctm04o	54	6	the	the	DT
cord-026144-buctm04o	54	7	drawback	drawback	NN
cord-026144-buctm04o	54	8	of	of	IN
cord-026144-buctm04o	54	9	the	the	DT
cord-026144-buctm04o	54	10	approach	approach	NN
cord-026144-buctm04o	54	11	in	in	IN
cord-026144-buctm04o	54	12	assuming	assume	VBG
cord-026144-buctm04o	54	13	time	time	NN
cord-026144-buctm04o	54	14	-	-	HYPH
cord-026144-buctm04o	54	15	invariant	invariant	JJ
cord-026144-buctm04o	54	16	parameters	parameter	NNS
cord-026144-buctm04o	54	17	for	for	IN
cord-026144-buctm04o	54	18	the	the	DT
cord-026144-buctm04o	54	19	'	'	``
cord-026144-buctm04o	54	20	before	before	IN
cord-026144-buctm04o	54	21	'	'	''
cord-026144-buctm04o	54	22	model	model	NN
cord-026144-buctm04o	54	23	,	,	,
cord-026144-buctm04o	54	24	as	as	RB
cord-026144-buctm04o	54	25	well	well	RB
cord-026144-buctm04o	54	26	as	as	IN
cord-026144-buctm04o	54	27	for	for	IN
cord-026144-buctm04o	54	28	the	the	DT
cord-026144-buctm04o	54	29	'	'	``
cord-026144-buctm04o	54	30	after	after	IN
cord-026144-buctm04o	54	31	'	'	''
cord-026144-buctm04o	54	32	model	model	NN
cord-026144-buctm04o	54	33	.	.	.
cord-026144-buctm04o	55	1	Third	third	RB
cord-026144-buctm04o	55	2	,	,	,
cord-026144-buctm04o	55	3	the	the	DT
cord-026144-buctm04o	55	4	effects	effect	NNS
cord-026144-buctm04o	55	5	of	of	IN
cord-026144-buctm04o	55	6	the	the	DT
cord-026144-buctm04o	55	7	drivers	driver	NNS
cord-026144-buctm04o	55	8	of	of	IN
cord-026144-buctm04o	55	9	trade	trade	NN
cord-026144-buctm04o	55	10	finance	finance	NN
cord-026144-buctm04o	55	11	cost	cost	NN
cord-026144-buctm04o	55	12	may	may	MD
cord-026144-buctm04o	55	13	vary	vary	VB
cord-026144-buctm04o	55	14	across	across	IN
cord-026144-buctm04o	55	15	countries	country	NNS
cord-026144-buctm04o	55	16	[	[	-LRB-
cord-026144-buctm04o	55	17	28	28	CD
cord-026144-buctm04o	55	18	]	]	-RRB-
cord-026144-buctm04o	55	19	,	,	,
cord-026144-buctm04o	55	20	and	and	CC
cord-026144-buctm04o	55	21	we	-PRON-	PRP
cord-026144-buctm04o	55	22	need	need	VBP
cord-026144-buctm04o	55	23	to	to	TO
cord-026144-buctm04o	55	24	account	account	VB
cord-026144-buctm04o	55	25	for	for	IN
cord-026144-buctm04o	55	26	this	this	DT
cord-026144-buctm04o	55	27	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	55	28	.	.	.
cord-026144-buctm04o	56	1	A	a	DT
cord-026144-buctm04o	56	2	well	well	RB
cord-026144-buctm04o	56	3	accepted	accept	VBN
cord-026144-buctm04o	56	4	way	way	NN
cord-026144-buctm04o	56	5	to	to	TO
cord-026144-buctm04o	56	6	incorporate	incorporate	VB
cord-026144-buctm04o	56	7	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	56	8	is	be	VBZ
cord-026144-buctm04o	56	9	by	by	IN
cord-026144-buctm04o	56	10	using	use	VBG
cord-026144-buctm04o	56	11	hierarchical	hierarchical	JJ
cord-026144-buctm04o	56	12	models	model	NNS
cord-026144-buctm04o	56	13	that	that	WDT
cord-026144-buctm04o	56	14	estimate	estimate	VBP
cord-026144-buctm04o	56	15	country	country	NN
cord-026144-buctm04o	56	16	-	-	HYPH
cord-026144-buctm04o	56	17	specific	specific	JJ
cord-026144-buctm04o	56	18	effects	effect	NNS
cord-026144-buctm04o	56	19	of	of	IN
cord-026144-buctm04o	56	20	the	the	DT
cord-026144-buctm04o	56	21	drivers	driver	NNS
cord-026144-buctm04o	56	22	of	of	IN
cord-026144-buctm04o	56	23	trade	trade	NN
cord-026144-buctm04o	56	24	finance	finance	NN
cord-026144-buctm04o	56	25	cost	cost	VBD
cord-026144-buctm04o	56	26	[	[	-LRB-
cord-026144-buctm04o	56	27	40	40	CD
cord-026144-buctm04o	56	28	]	]	-RRB-
cord-026144-buctm04o	56	29	.	.	.
cord-026144-buctm04o	57	1	However	however	RB
cord-026144-buctm04o	57	2	,	,	,
cord-026144-buctm04o	57	3	as	as	IN
cord-026144-buctm04o	57	4	hierarchical	hierarchical	JJ
cord-026144-buctm04o	57	5	models	model	NNS
cord-026144-buctm04o	57	6	are	be	VBP
cord-026144-buctm04o	57	7	difficult	difficult	JJ
cord-026144-buctm04o	57	8	to	to	TO
cord-026144-buctm04o	57	9	embed	embed	VB
cord-026144-buctm04o	57	10	in	in	IN
cord-026144-buctm04o	57	11	time	time	NN
cord-026144-buctm04o	57	12	-	-	HYPH
cord-026144-buctm04o	57	13	series	series	NN
cord-026144-buctm04o	57	14	analysis	analysis	NN
cord-026144-buctm04o	57	15	[	[	-LRB-
cord-026144-buctm04o	57	16	24	24	CD
cord-026144-buctm04o	57	17	]	]	-RRB-
cord-026144-buctm04o	57	18	,	,	,
cord-026144-buctm04o	57	19	studies	study	NNS
cord-026144-buctm04o	57	20	tend	tend	VBP
cord-026144-buctm04o	57	21	to	to	TO
cord-026144-buctm04o	57	22	aggregate	aggregate	VB
cord-026144-buctm04o	57	23	data	datum	NNS
cord-026144-buctm04o	57	24	across	across	IN
cord-026144-buctm04o	57	25	cross	cross	NN
cord-026144-buctm04o	57	26	-	-	NNS
cord-026144-buctm04o	57	27	sections	section	NNS
cord-026144-buctm04o	57	28	which	which	WDT
cord-026144-buctm04o	57	29	leads	lead	VBZ
cord-026144-buctm04o	57	30	to	to	IN
cord-026144-buctm04o	57	31	aggregation	aggregation	NN
cord-026144-buctm04o	57	32	biases	bias	NNS
cord-026144-buctm04o	57	33	in	in	IN
cord-026144-buctm04o	57	34	the	the	DT
cord-026144-buctm04o	57	35	parameter	parameter	NN
cord-026144-buctm04o	57	36	estimates	estimate	NNS
cord-026144-buctm04o	57	37	[	[	-LRB-
cord-026144-buctm04o	57	38	14	14	CD
cord-026144-buctm04o	57	39	]	]	-RRB-
cord-026144-buctm04o	57	40	.	.	.
cord-026144-buctm04o	58	1	Nonstationarity	Nonstationarity	NNP
cord-026144-buctm04o	58	2	,	,	,
cord-026144-buctm04o	58	3	time	time	NN
cord-026144-buctm04o	58	4	-	-	HYPH
cord-026144-buctm04o	58	5	varying	vary	VBG
cord-026144-buctm04o	58	6	parameters	parameter	NNS
cord-026144-buctm04o	58	7	and	and	CC
cord-026144-buctm04o	58	8	cross	cross	JJ
cord-026144-buctm04o	58	9	-	-	JJ
cord-026144-buctm04o	58	10	sectional	sectional	JJ
cord-026144-buctm04o	58	11	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	58	12	render	render	VB
cord-026144-buctm04o	58	13	measurement	measurement	NN
cord-026144-buctm04o	58	14	and	and	CC
cord-026144-buctm04o	58	15	modeling	modeling	NN
cord-026144-buctm04o	58	16	of	of	IN
cord-026144-buctm04o	58	17	factors	factor	NNS
cord-026144-buctm04o	58	18	that	that	WDT
cord-026144-buctm04o	58	19	impact	impact	VBP
cord-026144-buctm04o	58	20	the	the	DT
cord-026144-buctm04o	58	21	dependent	dependent	JJ
cord-026144-buctm04o	58	22	variable	variable	NN
cord-026144-buctm04o	58	23	of	of	IN
cord-026144-buctm04o	58	24	interest	interest	NN
cord-026144-buctm04o	58	25	-	-	:
cord-026144-buctm04o	58	26	in	in	IN
cord-026144-buctm04o	58	27	our	-PRON-	PRP$
cord-026144-buctm04o	58	28	case	case	NN
cord-026144-buctm04o	58	29	,	,	,
cord-026144-buctm04o	58	30	cost	cost	NN
cord-026144-buctm04o	58	31	of	of	IN
cord-026144-buctm04o	58	32	trade	trade	NN
cord-026144-buctm04o	58	33	finance	finance	NN
cord-026144-buctm04o	58	34	-	-	HYPH
cord-026144-buctm04o	58	35	challenging	challenge	VBG
cord-026144-buctm04o	58	36	in	in	IN
cord-026144-buctm04o	58	37	dynamic	dynamic	JJ
cord-026144-buctm04o	58	38	environments	environment	NNS
cord-026144-buctm04o	58	39	(	(	-LRB-
cord-026144-buctm04o	58	40	such	such	JJ
cord-026144-buctm04o	58	41	as	as	IN
cord-026144-buctm04o	58	42	a	a	DT
cord-026144-buctm04o	58	43	financial	financial	JJ
cord-026144-buctm04o	58	44	crisis	crisis	NN
cord-026144-buctm04o	58	45	)	)	-RRB-
cord-026144-buctm04o	58	46	.	.	.
cord-026144-buctm04o	59	1	Therefore	therefore	RB
cord-026144-buctm04o	59	2	,	,	,
cord-026144-buctm04o	59	3	we	-PRON-	PRP
cord-026144-buctm04o	59	4	propose	propose	VBP
cord-026144-buctm04o	59	5	a	a	DT
cord-026144-buctm04o	59	6	dynamic	dynamic	JJ
cord-026144-buctm04o	59	7	hierarchical	hierarchical	JJ
cord-026144-buctm04o	59	8	linear	linear	JJ
cord-026144-buctm04o	59	9	model	model	NN
cord-026144-buctm04o	59	10	(	(	-LRB-
cord-026144-buctm04o	59	11	DHLM	DHLM	NNP
cord-026144-buctm04o	59	12	)	)	-RRB-
cord-026144-buctm04o	59	13	that	that	WDT
cord-026144-buctm04o	59	14	addresses	address	VBZ
cord-026144-buctm04o	59	15	all	all	PDT
cord-026144-buctm04o	59	16	these	these	DT
cord-026144-buctm04o	59	17	three	three	CD
cord-026144-buctm04o	59	18	concerns	concern	NNS
cord-026144-buctm04o	59	19	and	and	CC
cord-026144-buctm04o	59	20	permits	permit	VBZ
cord-026144-buctm04o	59	21	us	-PRON-	PRP
cord-026144-buctm04o	59	22	to	to	TO
cord-026144-buctm04o	59	23	explain	explain	VB
cord-026144-buctm04o	59	24	the	the	DT
cord-026144-buctm04o	59	25	variations	variation	NNS
cord-026144-buctm04o	59	26	in	in	IN
cord-026144-buctm04o	59	27	trade	trade	NN
cord-026144-buctm04o	59	28	finance	finance	NN
cord-026144-buctm04o	59	29	costs	cost	NNS
cord-026144-buctm04o	59	30	over	over	IN
cord-026144-buctm04o	59	31	several	several	JJ
cord-026144-buctm04o	59	32	years	year	NNS
cord-026144-buctm04o	59	33	,	,	,
cord-026144-buctm04o	59	34	while	while	IN
cord-026144-buctm04o	59	35	also	also	RB
cord-026144-buctm04o	59	36	allowing	allow	VBG
cord-026144-buctm04o	59	37	us	-PRON-	PRP
cord-026144-buctm04o	59	38	to	to	TO
cord-026144-buctm04o	59	39	detect	detect	VB
cord-026144-buctm04o	59	40	any	any	DT
cord-026144-buctm04o	59	41	variation	variation	NN
cord-026144-buctm04o	59	42	across	across	IN
cord-026144-buctm04o	59	43	countries	country	NNS
cord-026144-buctm04o	59	44	,	,	,
cord-026144-buctm04o	59	45	if	if	IN
cord-026144-buctm04o	59	46	present	present	JJ
cord-026144-buctm04o	59	47	.	.	.
cord-026144-buctm04o	60	1	Our	-PRON-	PRP$
cord-026144-buctm04o	60	2	DHLM	dhlm	NN
cord-026144-buctm04o	60	3	consists	consist	VBZ
cord-026144-buctm04o	60	4	of	of	IN
cord-026144-buctm04o	60	5	three	three	CD
cord-026144-buctm04o	60	6	levels	level	NNS
cord-026144-buctm04o	60	7	of	of	IN
cord-026144-buctm04o	60	8	equations	equation	NNS
cord-026144-buctm04o	60	9	.	.	.
cord-026144-buctm04o	61	1	At	at	IN
cord-026144-buctm04o	61	2	the	the	DT
cord-026144-buctm04o	61	3	higher	high	JJR
cord-026144-buctm04o	61	4	level	level	NN
cord-026144-buctm04o	61	5	,	,	,
cord-026144-buctm04o	61	6	Observation	Observation	NNP
cord-026144-buctm04o	61	7	Equation	Equation	NNP
cord-026144-buctm04o	61	8	specifies	specify	VBZ
cord-026144-buctm04o	61	9	,	,	,
cord-026144-buctm04o	61	10	for	for	IN
cord-026144-buctm04o	61	11	each	each	DT
cord-026144-buctm04o	61	12	country	country	NN
cord-026144-buctm04o	61	13	in	in	IN
cord-026144-buctm04o	61	14	each	each	DT
cord-026144-buctm04o	61	15	year	year	NN
cord-026144-buctm04o	61	16	,	,	,
cord-026144-buctm04o	61	17	the	the	DT
cord-026144-buctm04o	61	18	relationship	relationship	NN
cord-026144-buctm04o	61	19	between	between	IN
cord-026144-buctm04o	61	20	trade	trade	NN
cord-026144-buctm04o	61	21	finance	finance	NN
cord-026144-buctm04o	61	22	costs	cost	NNS
cord-026144-buctm04o	61	23	and	and	CC
cord-026144-buctm04o	61	24	a	a	DT
cord-026144-buctm04o	61	25	set	set	NN
cord-026144-buctm04o	61	26	of	of	IN
cord-026144-buctm04o	61	27	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	61	28	variables	variable	NNS
cord-026144-buctm04o	61	29	(	(	-LRB-
cord-026144-buctm04o	61	30	e.g.	e.g.	RB
cord-026144-buctm04o	61	31	,	,	,
cord-026144-buctm04o	61	32	inflation	inflation	NN
cord-026144-buctm04o	61	33	in	in	IN
cord-026144-buctm04o	61	34	the	the	DT
cord-026144-buctm04o	61	35	country	country	NN
cord-026144-buctm04o	61	36	)	)	-RRB-
cord-026144-buctm04o	61	37	.	.	.
cord-026144-buctm04o	62	1	The	the	DT
cord-026144-buctm04o	62	2	coefficients	coefficient	NNS
cord-026144-buctm04o	62	3	of	of	IN
cord-026144-buctm04o	62	4	the	the	DT
cord-026144-buctm04o	62	5	predictors	predictor	NNS
cord-026144-buctm04o	62	6	in	in	IN
cord-026144-buctm04o	62	7	the	the	DT
cord-026144-buctm04o	62	8	Observation	Observation	NNP
cord-026144-buctm04o	62	9	Equation	Equation	NNP
cord-026144-buctm04o	62	10	are	be	VBP
cord-026144-buctm04o	62	11	allowed	allow	VBN
cord-026144-buctm04o	62	12	to	to	TO
cord-026144-buctm04o	62	13	vary	vary	VB
cord-026144-buctm04o	62	14	across	across	IN
cord-026144-buctm04o	62	15	crosssection	crosssection	NN
cord-026144-buctm04o	62	16	(	(	-LRB-
cord-026144-buctm04o	62	17	i.e.	i.e.	FW
cord-026144-buctm04o	62	18	,	,	,
cord-026144-buctm04o	62	19	countries	country	NNS
cord-026144-buctm04o	62	20	)	)	-RRB-
cord-026144-buctm04o	62	21	and	and	CC
cord-026144-buctm04o	62	22	over	over	IN
cord-026144-buctm04o	62	23	time	time	NN
cord-026144-buctm04o	62	24	.	.	.
cord-026144-buctm04o	63	1	Next	next	RB
cord-026144-buctm04o	63	2	,	,	,
cord-026144-buctm04o	63	3	in	in	IN
cord-026144-buctm04o	63	4	the	the	DT
cord-026144-buctm04o	63	5	Pooling	Pooling	NNP
cord-026144-buctm04o	63	6	Equation	Equation	NNP
cord-026144-buctm04o	63	7	we	-PRON-	PRP
cord-026144-buctm04o	63	8	specify	specify	VBP
cord-026144-buctm04o	63	9	the	the	DT
cord-026144-buctm04o	63	10	relationship	relationship	NN
cord-026144-buctm04o	63	11	between	between	IN
cord-026144-buctm04o	63	12	the	the	DT
cord-026144-buctm04o	63	13	country	country	NN
cord-026144-buctm04o	63	14	-	-	HYPH
cord-026144-buctm04o	63	15	specific	specific	JJ
cord-026144-buctm04o	63	16	time	time	NN
cord-026144-buctm04o	63	17	-	-	HYPH
cord-026144-buctm04o	63	18	varying	vary	VBG
cord-026144-buctm04o	63	19	coefficients	coefficient	NNS
cord-026144-buctm04o	63	20	(	(	-LRB-
cord-026144-buctm04o	63	21	i.e.	i.e.	FW
cord-026144-buctm04o	63	22	,	,	,
cord-026144-buctm04o	63	23	parameters	parameter	NNS
cord-026144-buctm04o	63	24	)	)	-RRB-
cord-026144-buctm04o	63	25	from	from	IN
cord-026144-buctm04o	63	26	the	the	DT
cord-026144-buctm04o	63	27	Observation	Observation	NNP
cord-026144-buctm04o	63	28	Equation	Equation	NNP
cord-026144-buctm04o	63	29	to	to	IN
cord-026144-buctm04o	63	30	a	a	DT
cord-026144-buctm04o	63	31	new	new	JJ
cord-026144-buctm04o	63	32	set	set	NN
cord-026144-buctm04o	63	33	of	of	IN
cord-026144-buctm04o	63	34	parameters	parameter	NNS
cord-026144-buctm04o	63	35	that	that	WDT
cord-026144-buctm04o	63	36	vary	vary	VBP
cord-026144-buctm04o	63	37	over	over	IN
cord-026144-buctm04o	63	38	time	time	NN
cord-026144-buctm04o	63	39	,	,	,
cord-026144-buctm04o	63	40	but	but	CC
cord-026144-buctm04o	63	41	are	be	VBP
cord-026144-buctm04o	63	42	common	common	JJ
cord-026144-buctm04o	63	43	across	across	IN
cord-026144-buctm04o	63	44	countries	country	NNS
cord-026144-buctm04o	63	45	.	.	.
cord-026144-buctm04o	64	1	Thus	thus	RB
cord-026144-buctm04o	64	2	,	,	,
cord-026144-buctm04o	64	3	the	the	DT
cord-026144-buctm04o	64	4	Pooling	Pooling	NNP
cord-026144-buctm04o	64	5	Equation	Equation	NNP
cord-026144-buctm04o	64	6	enables	enable	VBZ
cord-026144-buctm04o	64	7	us	-PRON-	PRP
cord-026144-buctm04o	64	8	to	to	TO
cord-026144-buctm04o	64	9	capture	capture	VB
cord-026144-buctm04o	64	10	the	the	DT
cord-026144-buctm04o	64	11	"	"	``
cord-026144-buctm04o	64	12	average	average	JJ
cord-026144-buctm04o	64	13	"	"	''
cord-026144-buctm04o	64	14	time	time	NN
cord-026144-buctm04o	64	15	-	-	HYPH
cord-026144-buctm04o	64	16	varying	vary	VBG
cord-026144-buctm04o	64	17	effect	effect	NN
cord-026144-buctm04o	64	18	of	of	IN
cord-026144-buctm04o	64	19	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	64	20	variables	variable	NNS
cord-026144-buctm04o	64	21	on	on	IN
cord-026144-buctm04o	64	22	trade	trade	NN
cord-026144-buctm04o	64	23	finance	finance	NN
cord-026144-buctm04o	64	24	cost	cost	NN
cord-026144-buctm04o	64	25	.	.	.
cord-026144-buctm04o	65	1	Finally	finally	RB
cord-026144-buctm04o	65	2	,	,	,
cord-026144-buctm04o	65	3	this	this	DT
cord-026144-buctm04o	65	4	"	"	``
cord-026144-buctm04o	65	5	average	average	JJ
cord-026144-buctm04o	65	6	"	"	''
cord-026144-buctm04o	65	7	effect	effect	NN
cord-026144-buctm04o	65	8	can	can	MD
cord-026144-buctm04o	65	9	vary	vary	VB
cord-026144-buctm04o	65	10	over	over	IN
cord-026144-buctm04o	65	11	time	time	NN
cord-026144-buctm04o	65	12	and	and	CC
cord-026144-buctm04o	65	13	is	be	VBZ
cord-026144-buctm04o	65	14	likely	likely	JJ
cord-026144-buctm04o	65	15	to	to	TO
cord-026144-buctm04o	65	16	depend	depend	VB
cord-026144-buctm04o	65	17	on	on	IN
cord-026144-buctm04o	65	18	its	-PRON-	PRP$
cord-026144-buctm04o	65	19	level	level	NN
cord-026144-buctm04o	65	20	in	in	IN
cord-026144-buctm04o	65	21	the	the	DT
cord-026144-buctm04o	65	22	previous	previous	JJ
cord-026144-buctm04o	65	23	period	period	NN
cord-026144-buctm04o	65	24	.	.	.
cord-026144-buctm04o	66	1	The	the	DT
cord-026144-buctm04o	66	2	Evolution	Evolution	NNP
cord-026144-buctm04o	66	3	Equation	Equation	NNP
cord-026144-buctm04o	66	4	,	,	,
cord-026144-buctm04o	66	5	which	which	WDT
cord-026144-buctm04o	66	6	is	be	VBZ
cord-026144-buctm04o	66	7	the	the	DT
cord-026144-buctm04o	66	8	lowest	low	JJS
cord-026144-buctm04o	66	9	level	level	NN
cord-026144-buctm04o	66	10	of	of	IN
cord-026144-buctm04o	66	11	the	the	DT
cord-026144-buctm04o	66	12	DHLM	dhlm	NN
cord-026144-buctm04o	66	13	,	,	,
cord-026144-buctm04o	66	14	captures	capture	VBZ
cord-026144-buctm04o	66	15	these	these	DT
cord-026144-buctm04o	66	16	potential	potential	JJ
cord-026144-buctm04o	66	17	changes	change	NNS
cord-026144-buctm04o	66	18	in	in	IN
cord-026144-buctm04o	66	19	the	the	DT
cord-026144-buctm04o	66	20	"	"	``
cord-026144-buctm04o	66	21	average	average	JJ
cord-026144-buctm04o	66	22	"	"	''
cord-026144-buctm04o	66	23	effects	effect	NNS
cord-026144-buctm04o	66	24	of	of	IN
cord-026144-buctm04o	66	25	the	the	DT
cord-026144-buctm04o	66	26	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	66	27	variables	variable	NNS
cord-026144-buctm04o	66	28	in	in	IN
cord-026144-buctm04o	66	29	a	a	DT
cord-026144-buctm04o	66	30	flexible	flexible	JJ
cord-026144-buctm04o	66	31	way	way	NN
cord-026144-buctm04o	66	32	through	through	IN
cord-026144-buctm04o	66	33	a	a	DT
cord-026144-buctm04o	66	34	random	random	JJ
cord-026144-buctm04o	66	35	walk	walk	NN
cord-026144-buctm04o	66	36	.	.	.
cord-026144-buctm04o	67	1	We	-PRON-	PRP
cord-026144-buctm04o	67	2	employ	employ	VBP
cord-026144-buctm04o	67	3	our	-PRON-	PRP$
cord-026144-buctm04o	67	4	DHLM	dhlm	NN
cord-026144-buctm04o	67	5	to	to	TO
cord-026144-buctm04o	67	6	study	study	VB
cord-026144-buctm04o	67	7	how	how	WRB
cord-026144-buctm04o	67	8	the	the	DT
cord-026144-buctm04o	67	9	effects	effect	NNS
cord-026144-buctm04o	67	10	of	of	IN
cord-026144-buctm04o	67	11	four	four	CD
cord-026144-buctm04o	67	12	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	67	13	variables	variable	NNS
cord-026144-buctm04o	67	14	-	-	:
cord-026144-buctm04o	67	15	GDP	gdp	NN
cord-026144-buctm04o	67	16	growth	growth	NN
cord-026144-buctm04o	67	17	,	,	,
cord-026144-buctm04o	67	18	trade	trade	NN
cord-026144-buctm04o	67	19	intensity	intensity	NN
cord-026144-buctm04o	67	20	,	,	,
cord-026144-buctm04o	67	21	inflation	inflation	NN
cord-026144-buctm04o	67	22	,	,	,
cord-026144-buctm04o	67	23	and	and	CC
cord-026144-buctm04o	67	24	stock	stock	NN
cord-026144-buctm04o	67	25	market	market	NN
cord-026144-buctm04o	67	26	capitalization	capitalization	NN
cord-026144-buctm04o	67	27	-	-	HYPH
cord-026144-buctm04o	67	28	on	on	RP
cord-026144-buctm04o	67	29	trade	trade	NN
cord-026144-buctm04o	67	30	finance	finance	NN
cord-026144-buctm04o	67	31	costs	cost	NNS
cord-026144-buctm04o	67	32	varied	vary	VBN
cord-026144-buctm04o	67	33	across	across	IN
cord-026144-buctm04o	67	34	8	8	CD
cord-026144-buctm04o	67	35	nations	nation	NNS
cord-026144-buctm04o	67	36	over	over	IN
cord-026144-buctm04o	67	37	a	a	DT
cord-026144-buctm04o	67	38	period	period	NN
cord-026144-buctm04o	67	39	of	of	IN
cord-026144-buctm04o	67	40	five	five	CD
cord-026144-buctm04o	67	41	years	year	NNS
cord-026144-buctm04o	67	42	from	from	IN
cord-026144-buctm04o	67	43	2006	2006	CD
cord-026144-buctm04o	67	44	to	to	IN
cord-026144-buctm04o	67	45	2010	2010	CD
cord-026144-buctm04o	67	46	.	.	.
cord-026144-buctm04o	68	1	5	5	LS
cord-026144-buctm04o	69	1	Although	although	IN
cord-026144-buctm04o	69	2	the	the	DT
cord-026144-buctm04o	69	3	objective	objective	NN
cord-026144-buctm04o	69	4	of	of	IN
cord-026144-buctm04o	69	5	our	-PRON-	PRP$
cord-026144-buctm04o	69	6	paper	paper	NN
cord-026144-buctm04o	69	7	is	be	VBZ
cord-026144-buctm04o	69	8	to	to	TO
cord-026144-buctm04o	69	9	introduce	introduce	VB
cord-026144-buctm04o	69	10	a	a	DT
cord-026144-buctm04o	69	11	model	model	NN
cord-026144-buctm04o	69	12	that	that	WDT
cord-026144-buctm04o	69	13	can	can	MD
cord-026144-buctm04o	69	14	address	address	VB
cord-026144-buctm04o	69	15	the	the	DT
cord-026144-buctm04o	69	16	different	different	JJ
cord-026144-buctm04o	69	17	challenges	challenge	NNS
cord-026144-buctm04o	69	18	outlined	outline	VBN
cord-026144-buctm04o	69	19	earlier	early	RBR
cord-026144-buctm04o	69	20	,	,	,
cord-026144-buctm04o	69	21	our	-PRON-	PRP$
cord-026144-buctm04o	69	22	model	model	NN
cord-026144-buctm04o	69	23	estimates	estimate	NNS
cord-026144-buctm04o	69	24	provide	provide	VBP
cord-026144-buctm04o	69	25	several	several	JJ
cord-026144-buctm04o	69	26	interesting	interesting	JJ
cord-026144-buctm04o	69	27	insights	insight	NNS
cord-026144-buctm04o	69	28	.	.	.
cord-026144-buctm04o	70	1	We	-PRON-	PRP
cord-026144-buctm04o	70	2	find	find	VBP
cord-026144-buctm04o	70	3	that	that	IN
cord-026144-buctm04o	70	4	the	the	DT
cord-026144-buctm04o	70	5	effect	effect	NN
cord-026144-buctm04o	70	6	of	of	IN
cord-026144-buctm04o	70	7	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	70	8	indicators	indicator	NNS
cord-026144-buctm04o	70	9	on	on	IN
cord-026144-buctm04o	70	10	the	the	DT
cord-026144-buctm04o	70	11	cost	cost	NN
cord-026144-buctm04o	70	12	of	of	IN
cord-026144-buctm04o	70	13	trade	trade	NN
cord-026144-buctm04o	70	14	finance	finance	NN
cord-026144-buctm04o	70	15	varies	vary	VBZ
cord-026144-buctm04o	70	16	over	over	IN
cord-026144-buctm04o	70	17	time	time	NN
cord-026144-buctm04o	70	18	and	and	CC
cord-026144-buctm04o	70	19	that	that	IN
cord-026144-buctm04o	70	20	most	most	JJS
cord-026144-buctm04o	70	21	of	of	IN
cord-026144-buctm04o	70	22	this	this	DT
cord-026144-buctm04o	70	23	variation	variation	NN
cord-026144-buctm04o	70	24	is	be	VBZ
cord-026144-buctm04o	70	25	present	present	JJ
cord-026144-buctm04o	70	26	in	in	IN
cord-026144-buctm04o	70	27	the	the	DT
cord-026144-buctm04o	70	28	years	year	NNS
cord-026144-buctm04o	70	29	preceding	precede	VBG
cord-026144-buctm04o	70	30	and	and	CC
cord-026144-buctm04o	70	31	succeeding	succeed	VBG
cord-026144-buctm04o	70	32	the	the	DT
cord-026144-buctm04o	70	33	financial	financial	JJ
cord-026144-buctm04o	70	34	crisis	crisis	NN
cord-026144-buctm04o	70	35	.	.	.
cord-026144-buctm04o	71	1	This	this	DT
cord-026144-buctm04o	71	2	is	be	VBZ
cord-026144-buctm04o	71	3	of	of	IN
cord-026144-buctm04o	71	4	interest	interest	NN
cord-026144-buctm04o	71	5	to	to	IN
cord-026144-buctm04o	71	6	policymakers	policymaker	NNS
cord-026144-buctm04o	71	7	in	in	IN
cord-026144-buctm04o	71	8	deciding	decide	VBG
cord-026144-buctm04o	71	9	how	how	WRB
cord-026144-buctm04o	71	10	long	long	JJ
cord-026144-buctm04o	71	11	to	to	TO
cord-026144-buctm04o	71	12	implement	implement	VB
cord-026144-buctm04o	71	13	interventions	intervention	NNS
cord-026144-buctm04o	71	14	designed	design	VBN
cord-026144-buctm04o	71	15	to	to	TO
cord-026144-buctm04o	71	16	ease	ease	VB
cord-026144-buctm04o	71	17	the	the	DT
cord-026144-buctm04o	71	18	cost	cost	NN
cord-026144-buctm04o	71	19	of	of	IN
cord-026144-buctm04o	71	20	trade	trade	NN
cord-026144-buctm04o	71	21	finance	finance	NN
cord-026144-buctm04o	71	22	.	.	.
cord-026144-buctm04o	72	1	In	in	IN
cord-026144-buctm04o	72	2	addition	addition	NN
cord-026144-buctm04o	72	3	,	,	,
cord-026144-buctm04o	72	4	the	the	DT
cord-026144-buctm04o	72	5	trajectory	trajectory	NN
cord-026144-buctm04o	72	6	of	of	IN
cord-026144-buctm04o	72	7	time	time	NN
cord-026144-buctm04o	72	8	-	-	HYPH
cord-026144-buctm04o	72	9	varying	vary	VBG
cord-026144-buctm04o	72	10	effects	effect	NNS
cord-026144-buctm04o	72	11	of	of	IN
cord-026144-buctm04o	72	12	GDP	GDP	NNP
cord-026144-buctm04o	72	13	growth	growth	NN
cord-026144-buctm04o	72	14	and	and	CC
cord-026144-buctm04o	72	15	inflation	inflation	NN
cord-026144-buctm04o	72	16	are	be	VBP
cord-026144-buctm04o	72	17	consistent	consistent	JJ
cord-026144-buctm04o	72	18	with	with	IN
cord-026144-buctm04o	72	19	the	the	DT
cord-026144-buctm04o	72	20	"	"	``
cord-026144-buctm04o	72	21	flight	flight	NN
cord-026144-buctm04o	72	22	to	to	IN
cord-026144-buctm04o	72	23	quality	quality	NN
cord-026144-buctm04o	72	24	"	"	''
cord-026144-buctm04o	72	25	story	story	NN
cord-026144-buctm04o	72	26	[	[	-LRB-
cord-026144-buctm04o	72	27	12	12	CD
cord-026144-buctm04o	72	28	]	]	-RRB-
cord-026144-buctm04o	72	29	:	:	:
cord-026144-buctm04o	72	30	during	during	IN
cord-026144-buctm04o	72	31	the	the	DT
cord-026144-buctm04o	72	32	crisis	crisis	NN
cord-026144-buctm04o	72	33	,	,	,
cord-026144-buctm04o	72	34	cost	cost	NN
cord-026144-buctm04o	72	35	of	of	IN
cord-026144-buctm04o	72	36	trade	trade	NN
cord-026144-buctm04o	72	37	finance	finance	NN
cord-026144-buctm04o	72	38	reduces	reduce	VBZ
cord-026144-buctm04o	72	39	in	in	IN
cord-026144-buctm04o	72	40	countries	country	NNS
cord-026144-buctm04o	72	41	that	that	WDT
cord-026144-buctm04o	72	42	have	have	VBP
cord-026144-buctm04o	72	43	high	high	JJ
cord-026144-buctm04o	72	44	GDP	gdp	NN
cord-026144-buctm04o	72	45	growth	growth	NN
cord-026144-buctm04o	72	46	and	and	CC
cord-026144-buctm04o	72	47	low	low	JJ
cord-026144-buctm04o	72	48	inflation	inflation	NN
cord-026144-buctm04o	72	49	.	.	.
cord-026144-buctm04o	73	1	The	the	DT
cord-026144-buctm04o	73	2	time	time	NN
cord-026144-buctm04o	73	3	-	-	HYPH
cord-026144-buctm04o	73	4	varying	vary	VBG
cord-026144-buctm04o	73	5	effects	effect	NNS
cord-026144-buctm04o	73	6	of	of	IN
cord-026144-buctm04o	73	7	trade	trade	NN
cord-026144-buctm04o	73	8	intensity	intensity	NN
cord-026144-buctm04o	73	9	is	be	VBZ
cord-026144-buctm04o	73	10	also	also	RB
cord-026144-buctm04o	73	11	consistent	consistent	JJ
cord-026144-buctm04o	73	12	with	with	IN
cord-026144-buctm04o	73	13	our	-PRON-	PRP$
cord-026144-buctm04o	73	14	expectations	expectation	NNS
cord-026144-buctm04o	73	15	,	,	,
cord-026144-buctm04o	73	16	but	but	CC
cord-026144-buctm04o	73	17	the	the	DT
cord-026144-buctm04o	73	18	time	time	NN
cord-026144-buctm04o	73	19	-	-	HYPH
cord-026144-buctm04o	73	20	varying	vary	VBG
cord-026144-buctm04o	73	21	effect	effect	NN
cord-026144-buctm04o	73	22	of	of	IN
cord-026144-buctm04o	73	23	market	market	NN
cord-026144-buctm04o	73	24	capitalization	capitalization	NN
cord-026144-buctm04o	73	25	is	be	VBZ
cord-026144-buctm04o	73	26	counter	counter	JJ
cord-026144-buctm04o	73	27	-	-	JJ
cord-026144-buctm04o	73	28	intuitive	intuitive	JJ
cord-026144-buctm04o	73	29	.	.	.
cord-026144-buctm04o	74	1	Finally	finally	RB
cord-026144-buctm04o	74	2	,	,	,
cord-026144-buctm04o	74	3	we	-PRON-	PRP
cord-026144-buctm04o	74	4	also	also	RB
cord-026144-buctm04o	74	5	note	note	VBP
cord-026144-buctm04o	74	6	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	74	7	in	in	IN
cord-026144-buctm04o	74	8	the	the	DT
cord-026144-buctm04o	74	9	trajectory	trajectory	NN
cord-026144-buctm04o	74	10	of	of	IN
cord-026144-buctm04o	74	11	the	the	DT
cord-026144-buctm04o	74	12	country	country	NN
cord-026144-buctm04o	74	13	-	-	HYPH
cord-026144-buctm04o	74	14	specific	specific	JJ
cord-026144-buctm04o	74	15	time	time	NN
cord-026144-buctm04o	74	16	-	-	HYPH
cord-026144-buctm04o	74	17	varying	vary	VBG
cord-026144-buctm04o	74	18	effects	effect	NNS
cord-026144-buctm04o	74	19	,	,	,
cord-026144-buctm04o	74	20	primarily	primarily	RB
cord-026144-buctm04o	74	21	for	for	IN
cord-026144-buctm04o	74	22	the	the	DT
cord-026144-buctm04o	74	23	effects	effect	NNS
cord-026144-buctm04o	74	24	of	of	IN
cord-026144-buctm04o	74	25	stock	stock	NN
cord-026144-buctm04o	74	26	market	market	NN
cord-026144-buctm04o	74	27	capitalization	capitalization	NN
cord-026144-buctm04o	74	28	and	and	CC
cord-026144-buctm04o	74	29	trade	trade	NN
cord-026144-buctm04o	74	30	intensity	intensity	NN
cord-026144-buctm04o	74	31	.	.	.
cord-026144-buctm04o	75	1	This	this	DT
cord-026144-buctm04o	75	2	research	research	NN
cord-026144-buctm04o	75	3	makes	make	VBZ
cord-026144-buctm04o	75	4	two	two	CD
cord-026144-buctm04o	75	5	contributions	contribution	NNS
cord-026144-buctm04o	75	6	.	.	.
cord-026144-buctm04o	76	1	First	first	RB
cord-026144-buctm04o	76	2	,	,	,
cord-026144-buctm04o	76	3	we	-PRON-	PRP
cord-026144-buctm04o	76	4	introduce	introduce	VBP
cord-026144-buctm04o	76	5	a	a	DT
cord-026144-buctm04o	76	6	new	new	JJ
cord-026144-buctm04o	76	7	model	model	NN
cord-026144-buctm04o	76	8	to	to	IN
cord-026144-buctm04o	76	9	the	the	DT
cord-026144-buctm04o	76	10	finance	finance	NN
cord-026144-buctm04o	76	11	literature	literature	NN
cord-026144-buctm04o	76	12	to	to	TO
cord-026144-buctm04o	76	13	study	study	VB
cord-026144-buctm04o	76	14	the	the	DT
cord-026144-buctm04o	76	15	evolution	evolution	NN
cord-026144-buctm04o	76	16	in	in	IN
cord-026144-buctm04o	76	17	the	the	DT
cord-026144-buctm04o	76	18	drivers	driver	NNS
cord-026144-buctm04o	76	19	of	of	IN
cord-026144-buctm04o	76	20	trade	trade	NN
cord-026144-buctm04o	76	21	finance	finance	NN
cord-026144-buctm04o	76	22	costs	cost	NNS
cord-026144-buctm04o	76	23	over	over	IN
cord-026144-buctm04o	76	24	time	time	NN
cord-026144-buctm04o	76	25	in	in	IN
cord-026144-buctm04o	76	26	dynamic	dynamic	JJ
cord-026144-buctm04o	76	27	environments	environment	NNS
cord-026144-buctm04o	76	28	such	such	JJ
cord-026144-buctm04o	76	29	as	as	IN
cord-026144-buctm04o	76	30	a	a	DT
cord-026144-buctm04o	76	31	financial	financial	JJ
cord-026144-buctm04o	76	32	crisis	crisis	NN
cord-026144-buctm04o	76	33	,	,	,
cord-026144-buctm04o	76	34	while	while	IN
cord-026144-buctm04o	76	35	also	also	RB
cord-026144-buctm04o	76	36	allowing	allow	VBG
cord-026144-buctm04o	76	37	the	the	DT
cord-026144-buctm04o	76	38	impact	impact	NN
cord-026144-buctm04o	76	39	due	due	IN
cord-026144-buctm04o	76	40	to	to	IN
cord-026144-buctm04o	76	41	these	these	DT
cord-026144-buctm04o	76	42	drivers	driver	NNS
cord-026144-buctm04o	76	43	to	to	TO
cord-026144-buctm04o	76	44	be	be	VB
cord-026144-buctm04o	76	45	heterogeneous	heterogeneous	JJ
cord-026144-buctm04o	76	46	across	across	IN
cord-026144-buctm04o	76	47	countries	country	NNS
cord-026144-buctm04o	76	48	.	.	.
cord-026144-buctm04o	77	1	Our	-PRON-	PRP$
cord-026144-buctm04o	77	2	modeling	modeling	NN
cord-026144-buctm04o	77	3	approach	approach	NN
cord-026144-buctm04o	77	4	addresses	address	VBZ
cord-026144-buctm04o	77	5	concerns	concern	NNS
cord-026144-buctm04o	77	6	related	relate	VBN
cord-026144-buctm04o	77	7	to	to	IN
cord-026144-buctm04o	77	8	nonstationarity	nonstationarity	NN
cord-026144-buctm04o	77	9	,	,	,
cord-026144-buctm04o	77	10	time	time	NN
cord-026144-buctm04o	77	11	-	-	HYPH
cord-026144-buctm04o	77	12	varying	vary	VBG
cord-026144-buctm04o	77	13	model	model	NN
cord-026144-buctm04o	77	14	parameters	parameter	NNS
cord-026144-buctm04o	77	15	and	and	CC
cord-026144-buctm04o	77	16	cross	cross	JJ
cord-026144-buctm04o	77	17	-	-	JJ
cord-026144-buctm04o	77	18	sectional	sectional	JJ
cord-026144-buctm04o	77	19	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	77	20	that	that	WDT
cord-026144-buctm04o	77	21	are	be	VBP
cord-026144-buctm04o	77	22	endemic	endemic	JJ
cord-026144-buctm04o	77	23	to	to	IN
cord-026144-buctm04o	77	24	time	time	NN
cord-026144-buctm04o	77	25	-	-	HYPH
cord-026144-buctm04o	77	26	series	series	NN
cord-026144-buctm04o	77	27	analysis	analysis	NN
cord-026144-buctm04o	77	28	of	of	IN
cord-026144-buctm04o	77	29	dynamic	dynamic	JJ
cord-026144-buctm04o	77	30	environments	environment	NNS
cord-026144-buctm04o	77	31	.	.	.
cord-026144-buctm04o	78	1	Our	-PRON-	PRP$
cord-026144-buctm04o	78	2	model	model	NN
cord-026144-buctm04o	78	3	can	can	MD
cord-026144-buctm04o	78	4	be	be	VB
cord-026144-buctm04o	78	5	adopted	adopt	VBN
cord-026144-buctm04o	78	6	to	to	TO
cord-026144-buctm04o	78	7	study	study	VB
cord-026144-buctm04o	78	8	evolution	evolution	NN
cord-026144-buctm04o	78	9	of	of	IN
cord-026144-buctm04o	78	10	various	various	JJ
cord-026144-buctm04o	78	11	other	other	JJ
cord-026144-buctm04o	78	12	variables	variable	NNS
cord-026144-buctm04o	78	13	such	such	JJ
cord-026144-buctm04o	78	14	as	as	IN
cord-026144-buctm04o	78	15	financial	financial	JJ
cord-026144-buctm04o	78	16	services	service	NNS
cord-026144-buctm04o	78	17	costs	cost	NNS
cord-026144-buctm04o	78	18	and	and	CC
cord-026144-buctm04o	78	19	global	global	JJ
cord-026144-buctm04o	78	20	trade	trade	NN
cord-026144-buctm04o	78	21	.	.	.
cord-026144-buctm04o	79	1	Our	-PRON-	PRP$
cord-026144-buctm04o	79	2	model	model	NN
cord-026144-buctm04o	79	3	can	can	MD
cord-026144-buctm04o	79	4	also	also	RB
cord-026144-buctm04o	79	5	be	be	VB
cord-026144-buctm04o	79	6	extended	extend	VBN
cord-026144-buctm04o	79	7	to	to	IN
cord-026144-buctm04o	79	8	a	a	DT
cord-026144-buctm04o	79	9	more	more	RBR
cord-026144-buctm04o	79	10	granular	granular	JJ
cord-026144-buctm04o	79	11	level	level	NN
cord-026144-buctm04o	79	12	to	to	TO
cord-026144-buctm04o	79	13	incorporate	incorporate	VB
cord-026144-buctm04o	79	14	firm	firm	JJ
cord-026144-buctm04o	79	15	-	-	HYPH
cord-026144-buctm04o	79	16	level	level	NN
cord-026144-buctm04o	79	17	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	79	18	by	by	IN
cord-026144-buctm04o	79	19	using	use	VBG
cord-026144-buctm04o	79	20	a	a	DT
cord-026144-buctm04o	79	21	second	second	JJ
cord-026144-buctm04o	79	22	pooling	pooling	NN
cord-026144-buctm04o	79	23	equation	equation	NN
cord-026144-buctm04o	79	24	.	.	.
cord-026144-buctm04o	80	1	Doing	do	VBG
cord-026144-buctm04o	80	2	this	this	DT
cord-026144-buctm04o	80	3	can	can	MD
cord-026144-buctm04o	80	4	pave	pave	VB
cord-026144-buctm04o	80	5	the	the	DT
cord-026144-buctm04o	80	6	way	way	NN
cord-026144-buctm04o	80	7	to	to	TO
cord-026144-buctm04o	80	8	identify	identify	VB
cord-026144-buctm04o	80	9	the	the	DT
cord-026144-buctm04o	80	10	characteristics	characteristic	NNS
cord-026144-buctm04o	80	11	of	of	IN
cord-026144-buctm04o	80	12	companies	company	NNS
cord-026144-buctm04o	80	13	which	which	WDT
cord-026144-buctm04o	80	14	may	may	MD
cord-026144-buctm04o	80	15	need	need	VB
cord-026144-buctm04o	80	16	assistance	assistance	NN
cord-026144-buctm04o	80	17	during	during	IN
cord-026144-buctm04o	80	18	a	a	DT
cord-026144-buctm04o	80	19	financial	financial	JJ
cord-026144-buctm04o	80	20	crisis	crisis	NN
cord-026144-buctm04o	80	21	.	.	.
cord-026144-buctm04o	81	1	Thus	thus	RB
cord-026144-buctm04o	81	2	,	,	,
cord-026144-buctm04o	81	3	our	-PRON-	PRP$
cord-026144-buctm04o	81	4	research	research	NN
cord-026144-buctm04o	81	5	can	can	MD
cord-026144-buctm04o	81	6	remove	remove	VB
cord-026144-buctm04o	81	7	subjectivity	subjectivity	NN
cord-026144-buctm04o	81	8	in	in	IN
cord-026144-buctm04o	81	9	extending	extend	VBG
cord-026144-buctm04o	81	10	benefits	benefit	NNS
cord-026144-buctm04o	81	11	to	to	IN
cord-026144-buctm04o	81	12	the	the	DT
cord-026144-buctm04o	81	13	affected	affect	VBN
cord-026144-buctm04o	81	14	exporters	exporter	NNS
cord-026144-buctm04o	81	15	and	and	CC
cord-026144-buctm04o	81	16	importers	importer	NNS
cord-026144-buctm04o	81	17	.	.	.
cord-026144-buctm04o	82	1	Even	even	RB
cord-026144-buctm04o	82	2	large	large	JJ
cord-026144-buctm04o	82	3	scale	scale	NN
cord-026144-buctm04o	82	4	surveys	survey	NNS
cord-026144-buctm04o	82	5	may	may	MD
cord-026144-buctm04o	82	6	not	not	RB
cord-026144-buctm04o	82	7	be	be	VB
cord-026144-buctm04o	82	8	able	able	JJ
cord-026144-buctm04o	82	9	to	to	TO
cord-026144-buctm04o	82	10	provide	provide	VB
cord-026144-buctm04o	82	11	such	such	JJ
cord-026144-buctm04o	82	12	granular	granular	JJ
cord-026144-buctm04o	82	13	implications	implication	NNS
cord-026144-buctm04o	82	14	to	to	IN
cord-026144-buctm04o	82	15	policy	policy	NN
cord-026144-buctm04o	82	16	makers	maker	NNS
cord-026144-buctm04o	82	17	.	.	.
cord-026144-buctm04o	83	1	Second	second	RB
cord-026144-buctm04o	83	2	,	,	,
cord-026144-buctm04o	83	3	our	-PRON-	PRP$
cord-026144-buctm04o	83	4	research	research	NN
cord-026144-buctm04o	83	5	has	have	VBZ
cord-026144-buctm04o	83	6	substantive	substantive	JJ
cord-026144-buctm04o	83	7	implications	implication	NNS
cord-026144-buctm04o	83	8	.	.	.
cord-026144-buctm04o	84	1	Using	use	VBG
cord-026144-buctm04o	84	2	a	a	DT
cord-026144-buctm04o	84	3	combination	combination	NN
cord-026144-buctm04o	84	4	of	of	IN
cord-026144-buctm04o	84	5	data	datum	NNS
cord-026144-buctm04o	84	6	from	from	IN
cord-026144-buctm04o	84	7	Loan	Loan	NNP
cord-026144-buctm04o	84	8	Pricing	Pricing	NNP
cord-026144-buctm04o	84	9	Corporation	Corporation	NNP
cord-026144-buctm04o	84	10	's	's	POS
cord-026144-buctm04o	84	11	Dealscan	dealscan	JJ
cord-026144-buctm04o	84	12	database	database	NN
cord-026144-buctm04o	84	13	and	and	CC
cord-026144-buctm04o	84	14	the	the	DT
cord-026144-buctm04o	84	15	World	World	NNP
cord-026144-buctm04o	84	16	Bank	Bank	NNP
cord-026144-buctm04o	84	17	,	,	,
cord-026144-buctm04o	84	18	we	-PRON-	PRP
cord-026144-buctm04o	84	19	complement	complement	VBP
cord-026144-buctm04o	84	20	the	the	DT
cord-026144-buctm04o	84	21	finance	finance	NN
cord-026144-buctm04o	84	22	literature	literature	NN
cord-026144-buctm04o	84	23	by	by	IN
cord-026144-buctm04o	84	24	empirically	empirically	RB
cord-026144-buctm04o	84	25	studying	study	VBG
cord-026144-buctm04o	84	26	the	the	DT
cord-026144-buctm04o	84	27	evolution	evolution	NN
cord-026144-buctm04o	84	28	of	of	IN
cord-026144-buctm04o	84	29	the	the	DT
cord-026144-buctm04o	84	30	drivers	driver	NNS
cord-026144-buctm04o	84	31	of	of	IN
cord-026144-buctm04o	84	32	trade	trade	NN
cord-026144-buctm04o	84	33	finance	finance	NN
cord-026144-buctm04o	84	34	cost	cost	NN
cord-026144-buctm04o	84	35	.	.	.
cord-026144-buctm04o	85	1	We	-PRON-	PRP
cord-026144-buctm04o	85	2	find	find	VBP
cord-026144-buctm04o	85	3	that	that	IN
cord-026144-buctm04o	85	4	the	the	DT
cord-026144-buctm04o	85	5	impact	impact	NN
cord-026144-buctm04o	85	6	of	of	IN
cord-026144-buctm04o	85	7	these	these	DT
cord-026144-buctm04o	85	8	drivers	driver	NNS
cord-026144-buctm04o	85	9	varies	vary	VBZ
cord-026144-buctm04o	85	10	over	over	IN
cord-026144-buctm04o	85	11	time	time	NN
cord-026144-buctm04o	85	12	,	,	,
cord-026144-buctm04o	85	13	with	with	IN
cord-026144-buctm04o	85	14	a	a	DT
cord-026144-buctm04o	85	15	large	large	JJ
cord-026144-buctm04o	85	16	part	part	NN
cord-026144-buctm04o	85	17	of	of	IN
cord-026144-buctm04o	85	18	the	the	DT
cord-026144-buctm04o	85	19	variation	variation	NN
cord-026144-buctm04o	85	20	present	present	JJ
cord-026144-buctm04o	85	21	in	in	IN
cord-026144-buctm04o	85	22	the	the	DT
cord-026144-buctm04o	85	23	years	year	NNS
cord-026144-buctm04o	85	24	preceding	precede	VBG
cord-026144-buctm04o	85	25	and	and	CC
cord-026144-buctm04o	85	26	succeeding	succeed	VBG
cord-026144-buctm04o	85	27	the	the	DT
cord-026144-buctm04o	85	28	financial	financial	JJ
cord-026144-buctm04o	85	29	crisis	crisis	NN
cord-026144-buctm04o	85	30	.	.	.
cord-026144-buctm04o	86	1	To	to	IN
cord-026144-buctm04o	86	2	the	the	DT
cord-026144-buctm04o	86	3	best	good	JJS
cord-026144-buctm04o	86	4	of	of	IN
cord-026144-buctm04o	86	5	our	-PRON-	PRP$
cord-026144-buctm04o	86	6	knowledge	knowledge	NN
cord-026144-buctm04o	86	7	,	,	,
cord-026144-buctm04o	86	8	we	-PRON-	PRP
cord-026144-buctm04o	86	9	are	be	VBP
cord-026144-buctm04o	86	10	the	the	DT
cord-026144-buctm04o	86	11	first	first	JJ
cord-026144-buctm04o	86	12	to	to	TO
cord-026144-buctm04o	86	13	study	study	VB
cord-026144-buctm04o	86	14	the	the	DT
cord-026144-buctm04o	86	15	time	time	NN
cord-026144-buctm04o	86	16	-	-	HYPH
cord-026144-buctm04o	86	17	varying	vary	VBG
cord-026144-buctm04o	86	18	impact	impact	NN
cord-026144-buctm04o	86	19	of	of	IN
cord-026144-buctm04o	86	20	these	these	DT
cord-026144-buctm04o	86	21	macro	macro	JJ
cord-026144-buctm04o	86	22	-	-	HYPH
cord-026144-buctm04o	86	23	economic	economic	JJ
cord-026144-buctm04o	86	24	drivers	driver	NNS
cord-026144-buctm04o	86	25	on	on	IN
cord-026144-buctm04o	86	26	trade	trade	NN
cord-026144-buctm04o	86	27	finance	finance	NN
cord-026144-buctm04o	86	28	and	and	CC
cord-026144-buctm04o	86	29	this	this	DT
cord-026144-buctm04o	86	30	is	be	VBZ
cord-026144-buctm04o	86	31	of	of	IN
cord-026144-buctm04o	86	32	use	use	NN
cord-026144-buctm04o	86	33	to	to	IN
cord-026144-buctm04o	86	34	policy	policy	NN
cord-026144-buctm04o	86	35	makers	maker	NNS
cord-026144-buctm04o	86	36	in	in	IN
cord-026144-buctm04o	86	37	deciding	decide	VBG
cord-026144-buctm04o	86	38	how	how	WRB
cord-026144-buctm04o	86	39	long	long	JJ
cord-026144-buctm04o	86	40	to	to	TO
cord-026144-buctm04o	86	41	extend	extend	VB
cord-026144-buctm04o	86	42	benefits	benefit	NNS
cord-026144-buctm04o	86	43	to	to	IN
cord-026144-buctm04o	86	44	parties	party	NNS
cord-026144-buctm04o	86	45	affected	affect	VBN
cord-026144-buctm04o	86	46	by	by	IN
cord-026144-buctm04o	86	47	the	the	DT
cord-026144-buctm04o	86	48	crisis	crisis	NN
cord-026144-buctm04o	86	49	.	.	.
cord-026144-buctm04o	87	1	The	the	DT
cord-026144-buctm04o	87	2	paper	paper	NN
cord-026144-buctm04o	87	3	proceeds	proceed	VBZ
cord-026144-buctm04o	87	4	as	as	IN
cord-026144-buctm04o	87	5	follows	follow	VBZ
cord-026144-buctm04o	87	6	.	.	.
cord-026144-buctm04o	88	1	In	in	IN
cord-026144-buctm04o	88	2	the	the	DT
cord-026144-buctm04o	88	3	first	first	JJ
cord-026144-buctm04o	88	4	section	section	NN
cord-026144-buctm04o	88	5	we	-PRON-	PRP
cord-026144-buctm04o	88	6	describe	describe	VBP
cord-026144-buctm04o	88	7	the	the	DT
cord-026144-buctm04o	88	8	DHLM	dhlm	NN
cord-026144-buctm04o	88	9	.	.	.
cord-026144-buctm04o	89	1	We	-PRON-	PRP
cord-026144-buctm04o	89	2	provide	provide	VBP
cord-026144-buctm04o	89	3	the	the	DT
cord-026144-buctm04o	89	4	theoretical	theoretical	JJ
cord-026144-buctm04o	89	5	underpinnings	underpinning	NNS
cord-026144-buctm04o	89	6	necessary	necessary	JJ
cord-026144-buctm04o	89	7	to	to	TO
cord-026144-buctm04o	89	8	estimate	estimate	VB
cord-026144-buctm04o	89	9	the	the	DT
cord-026144-buctm04o	89	10	model	model	NN
cord-026144-buctm04o	89	11	.	.	.
cord-026144-buctm04o	90	1	Next	next	RB
cord-026144-buctm04o	90	2	we	-PRON-	PRP
cord-026144-buctm04o	90	3	describe	describe	VBP
cord-026144-buctm04o	90	4	the	the	DT
cord-026144-buctm04o	90	5	data	datum	NNS
cord-026144-buctm04o	90	6	and	and	CC
cord-026144-buctm04o	90	7	variables	variable	NNS
cord-026144-buctm04o	90	8	used	use	VBN
cord-026144-buctm04o	90	9	in	in	IN
cord-026144-buctm04o	90	10	the	the	DT
cord-026144-buctm04o	90	11	empirical	empirical	JJ
cord-026144-buctm04o	90	12	analysis	analysis	NN
cord-026144-buctm04o	90	13	.	.	.
cord-026144-buctm04o	91	1	In	in	IN
cord-026144-buctm04o	91	2	the	the	DT
cord-026144-buctm04o	91	3	fourth	fourth	JJ
cord-026144-buctm04o	91	4	section	section	NN
cord-026144-buctm04o	91	5	we	-PRON-	PRP
cord-026144-buctm04o	91	6	provide	provide	VBP
cord-026144-buctm04o	91	7	detailed	detailed	JJ
cord-026144-buctm04o	91	8	discussion	discussion	NN
cord-026144-buctm04o	91	9	of	of	IN
cord-026144-buctm04o	91	10	the	the	DT
cord-026144-buctm04o	91	11	results	result	NNS
cord-026144-buctm04o	91	12	.	.	.
cord-026144-buctm04o	92	1	We	-PRON-	PRP
cord-026144-buctm04o	92	2	conclude	conclude	VBP
cord-026144-buctm04o	92	3	the	the	DT
cord-026144-buctm04o	92	4	paper	paper	NN
cord-026144-buctm04o	92	5	with	with	IN
cord-026144-buctm04o	92	6	the	the	DT
cord-026144-buctm04o	92	7	discussion	discussion	NN
cord-026144-buctm04o	92	8	of	of	IN
cord-026144-buctm04o	92	9	the	the	DT
cord-026144-buctm04o	92	10	findings	finding	NNS
cord-026144-buctm04o	92	11	.	.	.
cord-026144-buctm04o	93	1	We	-PRON-	PRP
cord-026144-buctm04o	93	2	specify	specify	VBP
cord-026144-buctm04o	93	3	trade	trade	NN
cord-026144-buctm04o	93	4	finance	finance	NN
cord-026144-buctm04o	93	5	cost	cost	NN
cord-026144-buctm04o	93	6	of	of	IN
cord-026144-buctm04o	93	7	a	a	DT
cord-026144-buctm04o	93	8	country	country	NN
cord-026144-buctm04o	93	9	as	as	IN
cord-026144-buctm04o	93	10	a	a	DT
cord-026144-buctm04o	93	11	function	function	NN
cord-026144-buctm04o	93	12	of	of	IN
cord-026144-buctm04o	93	13	country	country	NN
cord-026144-buctm04o	93	14	-	-	HYPH
cord-026144-buctm04o	93	15	specific	specific	JJ
cord-026144-buctm04o	93	16	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	93	17	variables	variable	NNS
cord-026144-buctm04o	93	18	and	and	CC
cord-026144-buctm04o	93	19	country	country	NN
cord-026144-buctm04o	93	20	-	-	HYPH
cord-026144-buctm04o	93	21	specific	specific	JJ
cord-026144-buctm04o	93	22	time	time	NN
cord-026144-buctm04o	93	23	-	-	HYPH
cord-026144-buctm04o	93	24	varying	vary	VBG
cord-026144-buctm04o	93	25	parameters	parameter	NNS
cord-026144-buctm04o	93	26	using	use	VBG
cord-026144-buctm04o	93	27	a	a	DT
cord-026144-buctm04o	93	28	DHLM	dhlm	NN
cord-026144-buctm04o	93	29	.	.	.
cord-026144-buctm04o	94	1	The	the	DT
cord-026144-buctm04o	94	2	DHLM	dhlm	NN
cord-026144-buctm04o	94	3	has	have	VBZ
cord-026144-buctm04o	94	4	been	be	VBN
cord-026144-buctm04o	94	5	used	use	VBN
cord-026144-buctm04o	94	6	by	by	IN
cord-026144-buctm04o	94	7	previous	previous	JJ
cord-026144-buctm04o	94	8	studies	study	NNS
cord-026144-buctm04o	94	9	in	in	IN
cord-026144-buctm04o	94	10	marketing	marketing	NN
cord-026144-buctm04o	94	11	and	and	CC
cord-026144-buctm04o	94	12	statistics	statistic	NNS
cord-026144-buctm04o	94	13	[	[	-LRB-
cord-026144-buctm04o	94	14	19	19	CD
cord-026144-buctm04o	94	15	,	,	,
cord-026144-buctm04o	94	16	26	26	CD
cord-026144-buctm04o	94	17	,	,	,
cord-026144-buctm04o	94	18	33	33	CD
cord-026144-buctm04o	94	19	,	,	,
cord-026144-buctm04o	94	20	35	35	CD
cord-026144-buctm04o	94	21	,	,	,
cord-026144-buctm04o	94	22	39	39	CD
cord-026144-buctm04o	94	23	]	]	-RRB-
cord-026144-buctm04o	94	24	to	to	TO
cord-026144-buctm04o	94	25	estimate	estimate	VB
cord-026144-buctm04o	94	26	time	time	NN
cord-026144-buctm04o	94	27	-	-	HYPH
cord-026144-buctm04o	94	28	varying	vary	VBG
cord-026144-buctm04o	94	29	parameters	parameter	NNS
cord-026144-buctm04o	94	30	at	at	IN
cord-026144-buctm04o	94	31	the	the	DT
cord-026144-buctm04o	94	32	disaggregate	disaggregate	JJ
cord-026144-buctm04o	94	33	level	level	NN
cord-026144-buctm04o	94	34	(	(	-LRB-
cord-026144-buctm04o	94	35	e.g.	e.g.	RB
cord-026144-buctm04o	94	36	,	,	,
cord-026144-buctm04o	94	37	at	at	IN
cord-026144-buctm04o	94	38	the	the	DT
cord-026144-buctm04o	94	39	level	level	NN
cord-026144-buctm04o	94	40	of	of	IN
cord-026144-buctm04o	94	41	a	a	DT
cord-026144-buctm04o	94	42	brand	brand	NN
cord-026144-buctm04o	94	43	or	or	CC
cord-026144-buctm04o	94	44	store	store	NN
cord-026144-buctm04o	94	45	)	)	-RRB-
cord-026144-buctm04o	94	46	.	.	.
cord-026144-buctm04o	95	1	A	a	DT
cord-026144-buctm04o	95	2	DHLM	dhlm	NN
cord-026144-buctm04o	95	3	is	be	VBZ
cord-026144-buctm04o	95	4	a	a	DT
cord-026144-buctm04o	95	5	combination	combination	NN
cord-026144-buctm04o	95	6	of	of	IN
cord-026144-buctm04o	95	7	Dynamic	dynamic	JJ
cord-026144-buctm04o	95	8	linear	linear	JJ
cord-026144-buctm04o	95	9	models	model	NNS
cord-026144-buctm04o	95	10	(	(	-LRB-
cord-026144-buctm04o	95	11	DLM	DLM	NNP
cord-026144-buctm04o	95	12	)	)	-RRB-
cord-026144-buctm04o	95	13	which	which	WDT
cord-026144-buctm04o	95	14	estimates	estimate	VBZ
cord-026144-buctm04o	95	15	time	time	NN
cord-026144-buctm04o	95	16	-	-	HYPH
cord-026144-buctm04o	95	17	varying	vary	VBG
cord-026144-buctm04o	95	18	parameters	parameter	NNS
cord-026144-buctm04o	95	19	at	at	IN
cord-026144-buctm04o	95	20	an	an	DT
cord-026144-buctm04o	95	21	aggregate	aggregate	JJ
cord-026144-buctm04o	95	22	level	level	NN
cord-026144-buctm04o	95	23	[	[	-LRB-
cord-026144-buctm04o	95	24	5	5	CD
cord-026144-buctm04o	95	25	,	,	,
cord-026144-buctm04o	95	26	6	6	CD
cord-026144-buctm04o	95	27	]	]	-RRB-
cord-026144-buctm04o	95	28	,	,	,
cord-026144-buctm04o	95	29	and	and	CC
cord-026144-buctm04o	95	30	a	a	DT
cord-026144-buctm04o	95	31	Hierarchical	Hierarchical	NNP
cord-026144-buctm04o	95	32	Bayesian	Bayesian	NNP
cord-026144-buctm04o	95	33	(	(	-LRB-
cord-026144-buctm04o	95	34	HB	HB	NNP
cord-026144-buctm04o	95	35	)	)	-RRB-
cord-026144-buctm04o	95	36	model	model	NN
cord-026144-buctm04o	95	37	which	which	WDT
cord-026144-buctm04o	95	38	estimates	estimate	VBZ
cord-026144-buctm04o	95	39	time	time	NN
cord-026144-buctm04o	95	40	-	-	HYPH
cord-026144-buctm04o	95	41	invariant	invariant	JJ
cord-026144-buctm04o	95	42	parameters	parameter	NNS
cord-026144-buctm04o	95	43	at	at	IN
cord-026144-buctm04o	95	44	the	the	DT
cord-026144-buctm04o	95	45	disaggregate	disaggregate	JJ
cord-026144-buctm04o	95	46	level	level	NN
cord-026144-buctm04o	95	47	[	[	-LRB-
cord-026144-buctm04o	95	48	31	31	CD
cord-026144-buctm04o	95	49	]	]	-RRB-
cord-026144-buctm04o	95	50	.	.	.
cord-026144-buctm04o	96	1	The	the	DT
cord-026144-buctm04o	96	2	DHLM	dhlm	NN
cord-026144-buctm04o	96	3	and	and	CC
cord-026144-buctm04o	96	4	the	the	DT
cord-026144-buctm04o	96	5	HB	HB	NNP
cord-026144-buctm04o	96	6	model	model	NN
cord-026144-buctm04o	96	7	both	both	DT
cord-026144-buctm04o	96	8	have	have	VBP
cord-026144-buctm04o	96	9	a	a	DT
cord-026144-buctm04o	96	10	hierarchical	hierarchical	JJ
cord-026144-buctm04o	96	11	structure	structure	NN
cord-026144-buctm04o	96	12	which	which	WDT
cord-026144-buctm04o	96	13	permits	permit	VBZ
cord-026144-buctm04o	96	14	us	-PRON-	PRP
cord-026144-buctm04o	96	15	to	to	TO
cord-026144-buctm04o	96	16	pool	pool	VB
cord-026144-buctm04o	96	17	information	information	NN
cord-026144-buctm04o	96	18	across	across	IN
cord-026144-buctm04o	96	19	different	different	JJ
cord-026144-buctm04o	96	20	countries	country	NNS
cord-026144-buctm04o	96	21	to	to	TO
cord-026144-buctm04o	96	22	arrive	arrive	VB
cord-026144-buctm04o	96	23	at	at	IN
cord-026144-buctm04o	96	24	overall	overall	JJ
cord-026144-buctm04o	96	25	aggregate	aggregate	JJ
cord-026144-buctm04o	96	26	-	-	HYPH
cord-026144-buctm04o	96	27	level	level	NN
cord-026144-buctm04o	96	28	inferences	inference	NNS
cord-026144-buctm04o	96	29	.	.	.
cord-026144-buctm04o	97	1	Shrinking	shrink	VBG
cord-026144-buctm04o	97	2	of	of	IN
cord-026144-buctm04o	97	3	the	the	DT
cord-026144-buctm04o	97	4	country	country	NN
cord-026144-buctm04o	97	5	-	-	HYPH
cord-026144-buctm04o	97	6	specific	specific	JJ
cord-026144-buctm04o	97	7	parameters	parameter	NNS
cord-026144-buctm04o	97	8	to	to	IN
cord-026144-buctm04o	97	9	an	an	DT
cord-026144-buctm04o	97	10	"	"	``
cord-026144-buctm04o	97	11	average	average	JJ
cord-026144-buctm04o	97	12	"	"	''
cord-026144-buctm04o	97	13	effect	effect	NN
cord-026144-buctm04o	97	14	of	of	IN
cord-026144-buctm04o	97	15	the	the	DT
cord-026144-buctm04o	97	16	key	key	JJ
cord-026144-buctm04o	97	17	variables	variable	NNS
cord-026144-buctm04o	97	18	across	across	IN
cord-026144-buctm04o	97	19	country	country	NN
cord-026144-buctm04o	97	20	has	have	VBZ
cord-026144-buctm04o	97	21	been	be	VBN
cord-026144-buctm04o	97	22	used	use	VBN
cord-026144-buctm04o	97	23	by	by	IN
cord-026144-buctm04o	97	24	other	other	JJ
cord-026144-buctm04o	97	25	researchers	researcher	NNS
cord-026144-buctm04o	97	26	to	to	TO
cord-026144-buctm04o	97	27	estimate	estimate	VB
cord-026144-buctm04o	97	28	country	country	NN
cord-026144-buctm04o	97	29	-	-	HYPH
cord-026144-buctm04o	97	30	specific	specific	JJ
cord-026144-buctm04o	97	31	tourism	tourism	NN
cord-026144-buctm04o	97	32	marketing	marketing	NN
cord-026144-buctm04o	97	33	elasticity	elasticity	NN
cord-026144-buctm04o	97	34	[	[	-LRB-
cord-026144-buctm04o	97	35	39	39	CD
cord-026144-buctm04o	97	36	]	]	-RRB-
cord-026144-buctm04o	97	37	and	and	CC
cord-026144-buctm04o	97	38	to	to	TO
cord-026144-buctm04o	97	39	estimate	estimate	VB
cord-026144-buctm04o	97	40	store	store	NN
cord-026144-buctm04o	97	41	-	-	HYPH
cord-026144-buctm04o	97	42	level	level	NN
cord-026144-buctm04o	97	43	price	price	NN
cord-026144-buctm04o	97	44	elasticity	elasticity	NN
cord-026144-buctm04o	97	45	[	[	-LRB-
cord-026144-buctm04o	97	46	31	31	CD
cord-026144-buctm04o	97	47	]	]	-RRB-
cord-026144-buctm04o	97	48	.	.	.
cord-026144-buctm04o	98	1	We	-PRON-	PRP
cord-026144-buctm04o	98	2	specify	specify	VBP
cord-026144-buctm04o	98	3	trade	trade	NN
cord-026144-buctm04o	98	4	finance	finance	NN
cord-026144-buctm04o	98	5	cost	cost	NN
cord-026144-buctm04o	98	6	of	of	IN
cord-026144-buctm04o	98	7	a	a	DT
cord-026144-buctm04o	98	8	country	country	NN
cord-026144-buctm04o	98	9	as	as	IN
cord-026144-buctm04o	98	10	a	a	DT
cord-026144-buctm04o	98	11	function	function	NN
cord-026144-buctm04o	98	12	of	of	IN
cord-026144-buctm04o	98	13	country	country	NN
cord-026144-buctm04o	98	14	-	-	HYPH
cord-026144-buctm04o	98	15	level	level	NN
cord-026144-buctm04o	98	16	variables	variable	NNS
cord-026144-buctm04o	98	17	GDP	gdp	NN
cord-026144-buctm04o	98	18	growth	growth	NN
cord-026144-buctm04o	98	19	,	,	,
cord-026144-buctm04o	98	20	inflation	inflation	NN
cord-026144-buctm04o	98	21	,	,	,
cord-026144-buctm04o	98	22	stock	stock	NN
cord-026144-buctm04o	98	23	market	market	NN
cord-026144-buctm04o	98	24	capitalization	capitalization	NN
cord-026144-buctm04o	98	25	and	and	CC
cord-026144-buctm04o	98	26	trade	trade	NN
cord-026144-buctm04o	98	27	:	:	:
cord-026144-buctm04o	98	28	where	where	WRB
cord-026144-buctm04o	98	29	Trade	trade	NN
cord-026144-buctm04o	98	30	finance	finance	NN
cord-026144-buctm04o	98	31	cost	cost	NN
cord-026144-buctm04o	98	32	it	-PRON-	PRP
cord-026144-buctm04o	98	33	is	be	VBZ
cord-026144-buctm04o	98	34	the	the	DT
cord-026144-buctm04o	98	35	cost	cost	NN
cord-026144-buctm04o	98	36	of	of	IN
cord-026144-buctm04o	98	37	trade	trade	NN
cord-026144-buctm04o	98	38	finance	finance	NN
cord-026144-buctm04o	98	39	of	of	IN
cord-026144-buctm04o	98	40	country	country	NN
cord-026144-buctm04o	98	41	i	i	PRP
cord-026144-buctm04o	98	42	at	at	IN
cord-026144-buctm04o	98	43	time	time	NN
cord-026144-buctm04o	98	44	t	t	NNP
cord-026144-buctm04o	98	45	,	,	,
cord-026144-buctm04o	98	46	GDP	GDP	NNP
cord-026144-buctm04o	98	47	growth	growth	NN
cord-026144-buctm04o	98	48	it	-PRON-	PRP
cord-026144-buctm04o	98	49	is	be	VBZ
cord-026144-buctm04o	98	50	the	the	DT
cord-026144-buctm04o	98	51	GDP	GDP	NNP
cord-026144-buctm04o	98	52	growth	growth	NN
cord-026144-buctm04o	98	53	of	of	IN
cord-026144-buctm04o	98	54	country	country	NN
cord-026144-buctm04o	98	55	i	i	PRP
cord-026144-buctm04o	98	56	at	at	IN
cord-026144-buctm04o	98	57	time	time	NN
cord-026144-buctm04o	98	58	t	t	NN
cord-026144-buctm04o	98	59	,	,	,
cord-026144-buctm04o	98	60	Inflation	inflation	NN
cord-026144-buctm04o	99	1	it	-PRON-	PRP
cord-026144-buctm04o	99	2	is	be	VBZ
cord-026144-buctm04o	99	3	the	the	DT
cord-026144-buctm04o	99	4	Inflation	inflation	NN
cord-026144-buctm04o	99	5	of	of	IN
cord-026144-buctm04o	99	6	country	country	NN
cord-026144-buctm04o	100	1	i	i	PRP
cord-026144-buctm04o	100	2	at	at	IN
cord-026144-buctm04o	100	3	time	time	NN
cord-026144-buctm04o	100	4	t	t	NNP
cord-026144-buctm04o	100	5	,	,	,
cord-026144-buctm04o	100	6	Stock	Stock	NNP
cord-026144-buctm04o	100	7	market	market	NN
cord-026144-buctm04o	100	8	capitalization	capitalization	NN
cord-026144-buctm04o	101	1	it	-PRON-	PRP
cord-026144-buctm04o	101	2	is	be	VBZ
cord-026144-buctm04o	101	3	the	the	DT
cord-026144-buctm04o	101	4	stock	stock	NN
cord-026144-buctm04o	101	5	market	market	NN
cord-026144-buctm04o	101	6	capitalization	capitalization	NN
cord-026144-buctm04o	101	7	of	of	IN
cord-026144-buctm04o	101	8	country	country	NN
cord-026144-buctm04o	101	9	i	i	PRP
cord-026144-buctm04o	101	10	at	at	IN
cord-026144-buctm04o	101	11	time	time	NN
cord-026144-buctm04o	101	12	t	t	NNP
cord-026144-buctm04o	102	1	,	,	,
cord-026144-buctm04o	102	2	Trade	trade	NN
cord-026144-buctm04o	102	3	intensity	intensity	NN
cord-026144-buctm04o	102	4	it	-PRON-	PRP
cord-026144-buctm04o	102	5	is	be	VBZ
cord-026144-buctm04o	102	6	the	the	DT
cord-026144-buctm04o	102	7	intensity	intensity	NN
cord-026144-buctm04o	102	8	of	of	IN
cord-026144-buctm04o	102	9	trade	trade	NN
cord-026144-buctm04o	102	10	of	of	IN
cord-026144-buctm04o	102	11	country	country	NN
cord-026144-buctm04o	102	12	i	i	PRP
cord-026144-buctm04o	102	13	at	at	IN
cord-026144-buctm04o	102	14	time	time	NN
cord-026144-buctm04o	102	15	t	t	NNP
cord-026144-buctm04o	102	16	,	,	,
cord-026144-buctm04o	102	17	a	a	DT
cord-026144-buctm04o	102	18	it	-PRON-	PRP
cord-026144-buctm04o	102	19	,	,	,
cord-026144-buctm04o	102	20	b	b	VB
cord-026144-buctm04o	102	21	it	-PRON-	PRP
cord-026144-buctm04o	102	22	,	,	.
cord-026144-buctm04o	103	1	c	c	LS
cord-026144-buctm04o	103	2	it	-PRON-	PRP
cord-026144-buctm04o	103	3	,	,	,
cord-026144-buctm04o	103	4	d	d	XX
cord-026144-buctm04o	103	5	it	-PRON-	PRP
cord-026144-buctm04o	103	6	and	and	CC
cord-026144-buctm04o	103	7	f	f	LS
cord-026144-buctm04o	103	8	it	-PRON-	PRP
cord-026144-buctm04o	103	9	are	be	VBP
cord-026144-buctm04o	103	10	country	country	NN
cord-026144-buctm04o	103	11	-	-	HYPH
cord-026144-buctm04o	103	12	specific	specific	JJ
cord-026144-buctm04o	103	13	time	time	NN
cord-026144-buctm04o	103	14	-	-	HYPH
cord-026144-buctm04o	103	15	varying	vary	VBG
cord-026144-buctm04o	103	16	coefficients	coefficient	NNS
cord-026144-buctm04o	103	17	and	and	CC
cord-026144-buctm04o	103	18	u	u	NN
cord-026144-buctm04o	103	19	1	1	CD
cord-026144-buctm04o	103	20	is	be	VBZ
cord-026144-buctm04o	103	21	the	the	DT
cord-026144-buctm04o	103	22	error	error	NN
cord-026144-buctm04o	103	23	term	term	NN
cord-026144-buctm04o	103	24	.	.	.
cord-026144-buctm04o	104	1	In	in	IN
cord-026144-buctm04o	104	2	order	order	NN
cord-026144-buctm04o	104	3	to	to	TO
cord-026144-buctm04o	104	4	specify	specify	VB
cord-026144-buctm04o	104	5	the	the	DT
cord-026144-buctm04o	104	6	equations	equation	NNS
cord-026144-buctm04o	104	7	in	in	IN
cord-026144-buctm04o	104	8	a	a	DT
cord-026144-buctm04o	104	9	compact	compact	JJ
cord-026144-buctm04o	104	10	manner	manner	NN
cord-026144-buctm04o	104	11	,	,	,
cord-026144-buctm04o	104	12	we	-PRON-	PRP
cord-026144-buctm04o	104	13	cast	cast	VBD
cord-026144-buctm04o	104	14	Eq	Eq	NNP
cord-026144-buctm04o	104	15	.	.	.
cord-026144-buctm04o	105	1	1	1	CD
cord-026144-buctm04o	105	2	as	as	IN
cord-026144-buctm04o	105	3	the	the	DT
cord-026144-buctm04o	105	4	observation	observation	NN
cord-026144-buctm04o	105	5	equation	equation	NN
cord-026144-buctm04o	105	6	of	of	IN
cord-026144-buctm04o	105	7	the	the	DT
cord-026144-buctm04o	105	8	DHLM	dhlm	NN
cord-026144-buctm04o	105	9	.	.	.
cord-026144-buctm04o	106	1	A	a	DT
cord-026144-buctm04o	106	2	DHLM	dhlm	NN
cord-026144-buctm04o	106	3	also	also	RB
cord-026144-buctm04o	106	4	consists	consist	VBZ
cord-026144-buctm04o	106	5	of	of	IN
cord-026144-buctm04o	106	6	a	a	DT
cord-026144-buctm04o	106	7	pooling	pooling	NN
cord-026144-buctm04o	106	8	equation	equation	NN
cord-026144-buctm04o	106	9	and	and	CC
cord-026144-buctm04o	106	10	an	an	DT
cord-026144-buctm04o	106	11	evolution	evolution	NN
cord-026144-buctm04o	106	12	equation	equation	NN
cord-026144-buctm04o	106	13	,	,	,
cord-026144-buctm04o	106	14	and	and	CC
cord-026144-buctm04o	106	15	we	-PRON-	PRP
cord-026144-buctm04o	106	16	specify	specify	VBP
cord-026144-buctm04o	106	17	these	these	DT
cord-026144-buctm04o	106	18	three	three	CD
cord-026144-buctm04o	106	19	equations	equation	NNS
cord-026144-buctm04o	106	20	below	below	RB
cord-026144-buctm04o	106	21	.	.	.
cord-026144-buctm04o	107	1	6	6	CD
cord-026144-buctm04o	108	1	We	-PRON-	PRP
cord-026144-buctm04o	108	2	specify	specify	VBP
cord-026144-buctm04o	108	3	the	the	DT
cord-026144-buctm04o	108	4	observation	observation	NN
cord-026144-buctm04o	108	5	equation	equation	NN
cord-026144-buctm04o	108	6	as	as	IN
cord-026144-buctm04o	108	7	:	:	:
cord-026144-buctm04o	108	8	An	an	DT
cord-026144-buctm04o	108	9	observation	observation	NN
cord-026144-buctm04o	108	10	y	y	NNP
cord-026144-buctm04o	108	11	t	t	NN
cord-026144-buctm04o	108	12	is	be	VBZ
cord-026144-buctm04o	108	13	defined	define	VBN
cord-026144-buctm04o	108	14	as	as	IN
cord-026144-buctm04o	108	15	a	a	DT
cord-026144-buctm04o	108	16	vector	vector	NN
cord-026144-buctm04o	108	17	that	that	WDT
cord-026144-buctm04o	108	18	consists	consist	VBZ
cord-026144-buctm04o	108	19	of	of	IN
cord-026144-buctm04o	108	20	country	country	NN
cord-026144-buctm04o	108	21	-	-	HYPH
cord-026144-buctm04o	108	22	specific	specific	JJ
cord-026144-buctm04o	108	23	trade	trade	NN
cord-026144-buctm04o	108	24	finance	finance	NN
cord-026144-buctm04o	108	25	cost	cost	NN
cord-026144-buctm04o	108	26	at	at	IN
cord-026144-buctm04o	108	27	time	time	NN
cord-026144-buctm04o	108	28	t	t	NN
cord-026144-buctm04o	108	29	,	,	,
cord-026144-buctm04o	108	30	whereas	whereas	IN
cord-026144-buctm04o	108	31	F	F	NNP
cord-026144-buctm04o	108	32	1	1	CD
cord-026144-buctm04o	108	33	t	t	NN
cord-026144-buctm04o	108	34	is	be	VBZ
cord-026144-buctm04o	108	35	a	a	DT
cord-026144-buctm04o	108	36	matrix	matrix	NN
cord-026144-buctm04o	108	37	that	that	WDT
cord-026144-buctm04o	108	38	contains	contain	VBZ
cord-026144-buctm04o	108	39	the	the	DT
cord-026144-buctm04o	108	40	country	country	NN
cord-026144-buctm04o	108	41	-	-	HYPH
cord-026144-buctm04o	108	42	specific	specific	JJ
cord-026144-buctm04o	108	43	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	108	44	variables	variable	NNS
cord-026144-buctm04o	108	45	at	at	IN
cord-026144-buctm04o	108	46	time	time	NN
cord-026144-buctm04o	109	1	t.	t.	NNP
cord-026144-buctm04o	110	1	The	the	DT
cord-026144-buctm04o	110	2	vector	vector	NN
cord-026144-buctm04o	110	3	of	of	IN
cord-026144-buctm04o	110	4	parameters	parameter	NNS
cord-026144-buctm04o	110	5	h	h	NN
cord-026144-buctm04o	110	6	1	1	CD
cord-026144-buctm04o	110	7	t	t	NN
cord-026144-buctm04o	110	8	contains	contain	VBZ
cord-026144-buctm04o	110	9	all	all	PDT
cord-026144-buctm04o	110	10	the	the	DT
cord-026144-buctm04o	110	11	countryspecific	countryspecific	JJ
cord-026144-buctm04o	110	12	time	time	NN
cord-026144-buctm04o	110	13	-	-	HYPH
cord-026144-buctm04o	110	14	varying	vary	VBG
cord-026144-buctm04o	110	15	parameters	parameter	NNS
cord-026144-buctm04o	110	16	defined	define	VBN
cord-026144-buctm04o	110	17	in	in	IN
cord-026144-buctm04o	110	18	Eq	Eq	NNP
cord-026144-buctm04o	110	19	.	.	.
cord-026144-buctm04o	111	1	1	1	LS
cord-026144-buctm04o	111	2	:	:	:
cord-026144-buctm04o	111	3	a	a	DT
cord-026144-buctm04o	111	4	it	-PRON-	PRP
cord-026144-buctm04o	111	5	,	,	.
cord-026144-buctm04o	112	1	b	b	LS
cord-026144-buctm04o	112	2	it	-PRON-	PRP
cord-026144-buctm04o	112	3	,	,	,
cord-026144-buctm04o	112	4	c	c	VB
cord-026144-buctm04o	112	5	it	-PRON-	PRP
cord-026144-buctm04o	112	6	,	,	.
cord-026144-buctm04o	113	1	d	d	LS
cord-026144-buctm04o	113	2	it	-PRON-	PRP
cord-026144-buctm04o	113	3	and	and	CC
cord-026144-buctm04o	113	4	f	f	XX
cord-026144-buctm04o	113	5	it	-PRON-	PRP
cord-026144-buctm04o	113	6	.	.	.
cord-026144-buctm04o	114	1	The	the	DT
cord-026144-buctm04o	114	2	error	error	NN
cord-026144-buctm04o	114	3	term	term	NN
cord-026144-buctm04o	114	4	v	v	NN
cord-026144-buctm04o	115	1	1it	1it	NNP
cord-026144-buctm04o	115	2	is	be	VBZ
cord-026144-buctm04o	115	3	multivariate	multivariate	JJ
cord-026144-buctm04o	115	4	normal	normal	JJ
cord-026144-buctm04o	115	5	and	and	CC
cord-026144-buctm04o	115	6	is	be	VBZ
cord-026144-buctm04o	115	7	allowed	allow	VBN
cord-026144-buctm04o	115	8	to	to	TO
cord-026144-buctm04o	115	9	have	have	VB
cord-026144-buctm04o	115	10	a	a	DT
cord-026144-buctm04o	115	11	heteroskedastic	heteroskedastic	JJ
cord-026144-buctm04o	115	12	variance	variance	NN
cord-026144-buctm04o	116	1	r	r	LS
cord-026144-buctm04o	116	2	2	2	CD
cord-026144-buctm04o	116	3	v	v	NN
cord-026144-buctm04o	116	4	1	1	CD
cord-026144-buctm04o	116	5	;	;	.
cord-026144-buctm04o	117	1	i	i	PRP
cord-026144-buctm04o	117	2	,	,	,
cord-026144-buctm04o	117	3	and	and	CC
cord-026144-buctm04o	117	4	I	-PRON-	PRP
cord-026144-buctm04o	117	5	1	1	CD
cord-026144-buctm04o	117	6	an	an	DT
cord-026144-buctm04o	117	7	identity	identity	NN
cord-026144-buctm04o	117	8	matrix	matrix	NN
cord-026144-buctm04o	117	9	of	of	IN
cord-026144-buctm04o	117	10	appropriate	appropriate	JJ
cord-026144-buctm04o	117	11	dimension	dimension	NN
cord-026144-buctm04o	117	12	.	.	.
cord-026144-buctm04o	118	1	We	-PRON-	PRP
cord-026144-buctm04o	118	2	specify	specify	VBP
cord-026144-buctm04o	118	3	y	y	NNP
cord-026144-buctm04o	118	4	t	t	NN
cord-026144-buctm04o	118	5	,	,	,
cord-026144-buctm04o	118	6	F	F	NNP
cord-026144-buctm04o	118	7	1	1	CD
cord-026144-buctm04o	118	8	t	t	NN
cord-026144-buctm04o	118	9	,	,	,
cord-026144-buctm04o	118	10	and	and	CC
cord-026144-buctm04o	118	11	h	h	NN
cord-026144-buctm04o	118	12	1	1	CD
cord-026144-buctm04o	118	13	t	t	NN
cord-026144-buctm04o	118	14	similar	similar	JJ
cord-026144-buctm04o	118	15	to	to	IN
cord-026144-buctm04o	118	16	[	[	-LRB-
cord-026144-buctm04o	118	17	17	17	CD
cord-026144-buctm04o	118	18	,	,	,
cord-026144-buctm04o	118	19	35	35	CD
cord-026144-buctm04o	118	20	]	]	-RRB-
cord-026144-buctm04o	118	21	.	.	.
cord-026144-buctm04o	119	1	We	-PRON-	PRP
cord-026144-buctm04o	119	2	specify	specify	VBP
cord-026144-buctm04o	119	3	the	the	DT
cord-026144-buctm04o	119	4	pooling	pooling	NN
cord-026144-buctm04o	119	5	equation	equation	NN
cord-026144-buctm04o	119	6	as	as	IN
cord-026144-buctm04o	119	7	:	:	:
cord-026144-buctm04o	119	8	We	-PRON-	PRP
cord-026144-buctm04o	119	9	specify	specify	VBP
cord-026144-buctm04o	119	10	the	the	DT
cord-026144-buctm04o	119	11	country	country	NN
cord-026144-buctm04o	119	12	-	-	HYPH
cord-026144-buctm04o	119	13	specific	specific	JJ
cord-026144-buctm04o	119	14	time	time	NN
cord-026144-buctm04o	119	15	-	-	HYPH
cord-026144-buctm04o	119	16	varying	vary	VBG
cord-026144-buctm04o	119	17	parameters	parameter	NNS
cord-026144-buctm04o	119	18	h	h	NN
cord-026144-buctm04o	119	19	1	1	CD
cord-026144-buctm04o	119	20	t	t	NN
cord-026144-buctm04o	119	21	as	as	IN
cord-026144-buctm04o	119	22	a	a	DT
cord-026144-buctm04o	119	23	function	function	NN
cord-026144-buctm04o	119	24	of	of	IN
cord-026144-buctm04o	119	25	a	a	DT
cord-026144-buctm04o	119	26	new	new	JJ
cord-026144-buctm04o	119	27	set	set	NN
cord-026144-buctm04o	119	28	of	of	IN
cord-026144-buctm04o	119	29	parameters	parameter	NNS
cord-026144-buctm04o	119	30	h	h	NN
cord-026144-buctm04o	119	31	2	2	CD
cord-026144-buctm04o	119	32	t	t	NN
cord-026144-buctm04o	119	33	that	that	WDT
cord-026144-buctm04o	119	34	vary	vary	VBP
cord-026144-buctm04o	119	35	only	only	RB
cord-026144-buctm04o	119	36	in	in	IN
cord-026144-buctm04o	119	37	time	time	NN
cord-026144-buctm04o	119	38	.	.	.
cord-026144-buctm04o	120	1	This	this	DT
cord-026144-buctm04o	120	2	hierarchical	hierarchical	JJ
cord-026144-buctm04o	120	3	structure	structure	NN
cord-026144-buctm04o	120	4	pools	pool	NNS
cord-026144-buctm04o	120	5	information	information	NN
cord-026144-buctm04o	120	6	across	across	IN
cord-026144-buctm04o	120	7	countries	country	NNS
cord-026144-buctm04o	120	8	at	at	IN
cord-026144-buctm04o	120	9	every	every	DT
cord-026144-buctm04o	120	10	point	point	NN
cord-026144-buctm04o	120	11	in	in	IN
cord-026144-buctm04o	120	12	time	time	NN
cord-026144-buctm04o	120	13	,	,	,
cord-026144-buctm04o	120	14	and	and	CC
cord-026144-buctm04o	120	15	thus	thus	RB
cord-026144-buctm04o	120	16	h	h	NN
cord-026144-buctm04o	120	17	2	2	CD
cord-026144-buctm04o	120	18	t	t	NNP
cord-026144-buctm04o	120	19	represent	represent	VBP
cord-026144-buctm04o	120	20	the	the	DT
cord-026144-buctm04o	120	21	"	"	``
cord-026144-buctm04o	120	22	average	average	JJ
cord-026144-buctm04o	120	23	"	"	''
cord-026144-buctm04o	120	24	timevarying	timevarying	NN
cord-026144-buctm04o	120	25	effect	effect	NN
cord-026144-buctm04o	120	26	.	.	.
cord-026144-buctm04o	121	1	Hence	hence	RB
cord-026144-buctm04o	121	2	,	,	,
cord-026144-buctm04o	121	3	F	F	NNP
cord-026144-buctm04o	121	4	2	2	CD
cord-026144-buctm04o	121	5	t	t	NNP
cord-026144-buctm04o	121	6	is	be	VBZ
cord-026144-buctm04o	121	7	the	the	DT
cord-026144-buctm04o	121	8	matrix	matrix	NN
cord-026144-buctm04o	121	9	of	of	IN
cord-026144-buctm04o	121	10	0	0	NNP
cord-026144-buctm04o	121	11	's	's	POS
cord-026144-buctm04o	121	12	and	and	CC
cord-026144-buctm04o	121	13	1	1	CD
cord-026144-buctm04o	121	14	's	's	POS
cord-026144-buctm04o	121	15	which	which	WDT
cord-026144-buctm04o	121	16	allows	allow	VBZ
cord-026144-buctm04o	121	17	us	-PRON-	PRP
cord-026144-buctm04o	121	18	to	to	TO
cord-026144-buctm04o	121	19	specify	specify	VB
cord-026144-buctm04o	121	20	the	the	DT
cord-026144-buctm04o	121	21	relationship	relationship	NN
cord-026144-buctm04o	121	22	between	between	IN
cord-026144-buctm04o	121	23	the	the	DT
cord-026144-buctm04o	121	24	average	average	JJ
cord-026144-buctm04o	121	25	time	time	NN
cord-026144-buctm04o	121	26	-	-	HYPH
cord-026144-buctm04o	121	27	varying	vary	VBG
cord-026144-buctm04o	121	28	parameters	parameter	NNS
cord-026144-buctm04o	121	29	h	h	NN
cord-026144-buctm04o	121	30	2	2	CD
cord-026144-buctm04o	121	31	t	t	NN
cord-026144-buctm04o	121	32	and	and	CC
cord-026144-buctm04o	121	33	the	the	DT
cord-026144-buctm04o	121	34	country	country	NN
cord-026144-buctm04o	121	35	-	-	HYPH
cord-026144-buctm04o	121	36	specific	specific	JJ
cord-026144-buctm04o	121	37	time	time	NN
cord-026144-buctm04o	121	38	-	-	HYPH
cord-026144-buctm04o	121	39	varying	vary	VBG
cord-026144-buctm04o	121	40	parameters	parameter	NNS
cord-026144-buctm04o	121	41	h	h	NN
cord-026144-buctm04o	121	42	1	1	CD
cord-026144-buctm04o	121	43	t	t	NN
cord-026144-buctm04o	121	44	.	.	.
cord-026144-buctm04o	122	1	The	the	DT
cord-026144-buctm04o	122	2	error	error	NN
cord-026144-buctm04o	122	3	distribution	distribution	NN
cord-026144-buctm04o	122	4	v	v	NN
cord-026144-buctm04o	122	5	2	2	CD
cord-026144-buctm04o	122	6	t	t	NN
cord-026144-buctm04o	122	7	is	be	VBZ
cord-026144-buctm04o	122	8	multivariate	multivariate	JJ
cord-026144-buctm04o	122	9	normal	normal	JJ
cord-026144-buctm04o	122	10	,	,	,
cord-026144-buctm04o	122	11	and	and	CC
cord-026144-buctm04o	122	12	I	-PRON-	PRP
cord-026144-buctm04o	122	13	2	2	CD
cord-026144-buctm04o	122	14	an	an	DT
cord-026144-buctm04o	122	15	identity	identity	NN
cord-026144-buctm04o	122	16	matrix	matrix	NN
cord-026144-buctm04o	122	17	of	of	IN
cord-026144-buctm04o	122	18	appropriate	appropriate	JJ
cord-026144-buctm04o	122	19	dimension	dimension	NN
cord-026144-buctm04o	122	20	.	.	.
cord-026144-buctm04o	123	1	We	-PRON-	PRP
cord-026144-buctm04o	123	2	specify	specify	VBP
cord-026144-buctm04o	123	3	how	how	WRB
cord-026144-buctm04o	123	4	the	the	DT
cord-026144-buctm04o	123	5	average	average	JJ
cord-026144-buctm04o	123	6	time	time	NN
cord-026144-buctm04o	123	7	-	-	HYPH
cord-026144-buctm04o	123	8	varying	vary	VBG
cord-026144-buctm04o	123	9	parameters	parameter	NNS
cord-026144-buctm04o	123	10	,	,	,
cord-026144-buctm04o	123	11	h	h	NN
cord-026144-buctm04o	123	12	2	2	CD
cord-026144-buctm04o	123	13	t	t	NN
cord-026144-buctm04o	123	14	,	,	,
cord-026144-buctm04o	123	15	evolves	evolve	VBZ
cord-026144-buctm04o	123	16	over	over	IN
cord-026144-buctm04o	123	17	time	time	NN
cord-026144-buctm04o	123	18	.	.	.
cord-026144-buctm04o	124	1	We	-PRON-	PRP
cord-026144-buctm04o	124	2	follow	follow	VBP
cord-026144-buctm04o	124	3	the	the	DT
cord-026144-buctm04o	124	4	dynamic	dynamic	JJ
cord-026144-buctm04o	124	5	linear	linear	JJ
cord-026144-buctm04o	124	6	models	model	NNS
cord-026144-buctm04o	124	7	(	(	-LRB-
cord-026144-buctm04o	124	8	DLM	DLM	NNP
cord-026144-buctm04o	124	9	)	)	-RRB-
cord-026144-buctm04o	124	10	literature	literature	NN
cord-026144-buctm04o	124	11	[	[	-LRB-
cord-026144-buctm04o	124	12	43	43	CD
cord-026144-buctm04o	124	13	]	]	-RRB-
cord-026144-buctm04o	124	14	and	and	CC
cord-026144-buctm04o	124	15	model	model	VB
cord-026144-buctm04o	124	16	the	the	DT
cord-026144-buctm04o	124	17	evolution	evolution	NN
cord-026144-buctm04o	124	18	of	of	IN
cord-026144-buctm04o	124	19	these	these	DT
cord-026144-buctm04o	124	20	parameters	parameter	NNS
cord-026144-buctm04o	124	21	over	over	IN
cord-026144-buctm04o	124	22	time	time	NN
cord-026144-buctm04o	124	23	as	as	IN
cord-026144-buctm04o	124	24	a	a	DT
cord-026144-buctm04o	124	25	random	random	JJ
cord-026144-buctm04o	124	26	walk	walk	NN
cord-026144-buctm04o	124	27	.	.	.
cord-026144-buctm04o	125	1	We	-PRON-	PRP
cord-026144-buctm04o	125	2	specify	specify	VBP
cord-026144-buctm04o	125	3	the	the	DT
cord-026144-buctm04o	125	4	evolution	evolution	NN
cord-026144-buctm04o	125	5	equation	equation	NN
cord-026144-buctm04o	125	6	as	as	IN
cord-026144-buctm04o	125	7	:	:	:
cord-026144-buctm04o	125	8	The	the	DT
cord-026144-buctm04o	125	9	random	random	JJ
cord-026144-buctm04o	125	10	walk	walk	NN
cord-026144-buctm04o	125	11	specification	specification	NN
cord-026144-buctm04o	125	12	requires	require	VBZ
cord-026144-buctm04o	125	13	G	g	NN
cord-026144-buctm04o	125	14	to	to	TO
cord-026144-buctm04o	125	15	be	be	VB
cord-026144-buctm04o	125	16	an	an	DT
cord-026144-buctm04o	125	17	identity	identity	NN
cord-026144-buctm04o	125	18	matrix	matrix	NN
cord-026144-buctm04o	125	19	and	and	CC
cord-026144-buctm04o	125	20	w	w	NN
cord-026144-buctm04o	125	21	t	t	NN
cord-026144-buctm04o	125	22	is	be	VBZ
cord-026144-buctm04o	125	23	a	a	DT
cord-026144-buctm04o	125	24	multivariate	multivariate	JJ
cord-026144-buctm04o	125	25	normal	normal	JJ
cord-026144-buctm04o	125	26	error	error	NN
cord-026144-buctm04o	125	27	,	,	,
cord-026144-buctm04o	125	28	and	and	CC
cord-026144-buctm04o	125	29	I	-PRON-	PRP
cord-026144-buctm04o	125	30	3	3	CD
cord-026144-buctm04o	125	31	an	an	DT
cord-026144-buctm04o	125	32	identity	identity	NN
cord-026144-buctm04o	125	33	matrix	matrix	NN
cord-026144-buctm04o	125	34	of	of	IN
cord-026144-buctm04o	125	35	appropriate	appropriate	JJ
cord-026144-buctm04o	125	36	dimension	dimension	NN
cord-026144-buctm04o	125	37	.	.	.
cord-026144-buctm04o	126	1	We	-PRON-	PRP
cord-026144-buctm04o	126	2	compute	compute	VBP
cord-026144-buctm04o	126	3	the	the	DT
cord-026144-buctm04o	126	4	full	full	JJ
cord-026144-buctm04o	126	5	joint	joint	JJ
cord-026144-buctm04o	126	6	posterior	posterior	NN
cord-026144-buctm04o	126	7	of	of	IN
cord-026144-buctm04o	126	8	the	the	DT
cord-026144-buctm04o	126	9	set	set	NN
cord-026144-buctm04o	126	10	of	of	IN
cord-026144-buctm04o	126	11	parameters	parameter	NNS
cord-026144-buctm04o	126	12	(	(	-LRB-
cord-026144-buctm04o	126	13	h	h	NN
cord-026144-buctm04o	126	14	1	1	CD
cord-026144-buctm04o	126	15	t	t	NN
cord-026144-buctm04o	126	16	,	,	,
cord-026144-buctm04o	126	17	h	h	NN
cord-026144-buctm04o	126	18	2	2	CD
cord-026144-buctm04o	126	19	t	t	NN
cord-026144-buctm04o	126	20	,	,	,
cord-026144-buctm04o	126	21	and	and	CC
cord-026144-buctm04o	126	22	the	the	DT
cord-026144-buctm04o	126	23	variance	variance	NN
cord-026144-buctm04o	126	24	parameters	parameter	NNS
cord-026144-buctm04o	126	25	r	r	NN
cord-026144-buctm04o	126	26	2	2	CD
cord-026144-buctm04o	126	27	v	v	NN
cord-026144-buctm04o	126	28	1	1	CD
cord-026144-buctm04o	126	29	;	;	:
cord-026144-buctm04o	126	30	i	i	PRP
cord-026144-buctm04o	126	31	,	,	,
cord-026144-buctm04o	126	32	r	r	NN
cord-026144-buctm04o	126	33	2	2	CD
cord-026144-buctm04o	126	34	v	v	NN
cord-026144-buctm04o	126	35	2	2	CD
cord-026144-buctm04o	126	36	,	,	,
cord-026144-buctm04o	126	37	and	and	CC
cord-026144-buctm04o	126	38	r	r	NNP
cord-026144-buctm04o	126	39	2	2	CD
cord-026144-buctm04o	126	40	w	w	NN
cord-026144-buctm04o	126	41	)	)	-RRB-
cord-026144-buctm04o	126	42	conditional	conditional	JJ
cord-026144-buctm04o	126	43	on	on	IN
cord-026144-buctm04o	126	44	observed	observed	JJ
cord-026144-buctm04o	126	45	data	datum	NNS
cord-026144-buctm04o	126	46	.	.	.
cord-026144-buctm04o	127	1	To	to	TO
cord-026144-buctm04o	127	2	generate	generate	VB
cord-026144-buctm04o	127	3	the	the	DT
cord-026144-buctm04o	127	4	posteriors	posterior	NNS
cord-026144-buctm04o	127	5	of	of	IN
cord-026144-buctm04o	127	6	the	the	DT
cord-026144-buctm04o	127	7	parameters	parameter	NNS
cord-026144-buctm04o	127	8	we	-PRON-	PRP
cord-026144-buctm04o	127	9	used	use	VBD
cord-026144-buctm04o	127	10	the	the	DT
cord-026144-buctm04o	127	11	Gibbs	Gibbs	NNP
cord-026144-buctm04o	127	12	sampler	sampler	NN
cord-026144-buctm04o	127	13	[	[	-LRB-
cord-026144-buctm04o	127	14	16	16	CD
cord-026144-buctm04o	127	15	]	]	-RRB-
cord-026144-buctm04o	127	16	.	.	.
cord-026144-buctm04o	128	1	In	in	IN
cord-026144-buctm04o	128	2	the	the	DT
cord-026144-buctm04o	128	3	interest	interest	NN
cord-026144-buctm04o	128	4	of	of	IN
cord-026144-buctm04o	128	5	space	space	NN
cord-026144-buctm04o	128	6	,	,	,
cord-026144-buctm04o	128	7	we	-PRON-	PRP
cord-026144-buctm04o	128	8	refer	refer	VBP
cord-026144-buctm04o	128	9	the	the	DT
cord-026144-buctm04o	128	10	reader	reader	NN
cord-026144-buctm04o	128	11	to	to	IN
cord-026144-buctm04o	128	12	[	[	-LRB-
cord-026144-buctm04o	128	13	26	26	CD
cord-026144-buctm04o	128	14	]	]	-RRB-
cord-026144-buctm04o	128	15	for	for	IN
cord-026144-buctm04o	128	16	more	more	JJR
cord-026144-buctm04o	128	17	details	detail	NNS
cord-026144-buctm04o	128	18	.	.	.
cord-026144-buctm04o	129	1	As	as	IN
cord-026144-buctm04o	129	2	a	a	DT
cord-026144-buctm04o	129	3	robustness	robustness	NN
cord-026144-buctm04o	129	4	check	check	NN
cord-026144-buctm04o	129	5	,	,	,
cord-026144-buctm04o	129	6	we	-PRON-	PRP
cord-026144-buctm04o	129	7	estimate	estimate	VBP
cord-026144-buctm04o	129	8	our	-PRON-	PRP$
cord-026144-buctm04o	129	9	DHLM	dhlm	NN
cord-026144-buctm04o	129	10	on	on	IN
cord-026144-buctm04o	129	11	simulated	simulated	JJ
cord-026144-buctm04o	129	12	data	datum	NNS
cord-026144-buctm04o	129	13	to	to	TO
cord-026144-buctm04o	129	14	check	check	VB
cord-026144-buctm04o	129	15	if	if	IN
cord-026144-buctm04o	129	16	our	-PRON-	PRP$
cord-026144-buctm04o	129	17	sampler	sampler	NN
cord-026144-buctm04o	129	18	is	be	VBZ
cord-026144-buctm04o	129	19	able	able	JJ
cord-026144-buctm04o	129	20	to	to	TO
cord-026144-buctm04o	129	21	recover	recover	VB
cord-026144-buctm04o	129	22	the	the	DT
cord-026144-buctm04o	129	23	parameters	parameter	NNS
cord-026144-buctm04o	129	24	.	.	.
cord-026144-buctm04o	130	1	The	the	DT
cord-026144-buctm04o	130	2	model	model	NN
cord-026144-buctm04o	130	3	we	-PRON-	PRP
cord-026144-buctm04o	130	4	use	use	VBP
cord-026144-buctm04o	130	5	to	to	TO
cord-026144-buctm04o	130	6	simulate	simulate	VB
cord-026144-buctm04o	130	7	the	the	DT
cord-026144-buctm04o	130	8	data	datum	NNS
cord-026144-buctm04o	130	9	in	in	IN
cord-026144-buctm04o	130	10	similar	similar	JJ
cord-026144-buctm04o	130	11	to	to	IN
cord-026144-buctm04o	130	12	the	the	DT
cord-026144-buctm04o	130	13	one	one	NN
cord-026144-buctm04o	130	14	[	[	-LRB-
cord-026144-buctm04o	130	15	26	26	CD
cord-026144-buctm04o	130	16	]	]	-RRB-
cord-026144-buctm04o	130	17	used	use	VBN
cord-026144-buctm04o	130	18	for	for	IN
cord-026144-buctm04o	130	19	their	-PRON-	PRP$
cord-026144-buctm04o	130	20	simulation	simulation	NN
cord-026144-buctm04o	130	21	study	study	NN
cord-026144-buctm04o	130	22	.	.	.
cord-026144-buctm04o	131	1	We	-PRON-	PRP
cord-026144-buctm04o	131	2	find	find	VBP
cord-026144-buctm04o	131	3	that	that	IN
cord-026144-buctm04o	131	4	our	-PRON-	PRP$
cord-026144-buctm04o	131	5	sampler	sampler	NN
cord-026144-buctm04o	131	6	performs	perform	VBZ
cord-026144-buctm04o	131	7	well	well	RB
cord-026144-buctm04o	131	8	and	and	CC
cord-026144-buctm04o	131	9	recovers	recover	VBZ
cord-026144-buctm04o	131	10	the	the	DT
cord-026144-buctm04o	131	11	parameters	parameter	NNS
cord-026144-buctm04o	131	12	used	use	VBN
cord-026144-buctm04o	131	13	to	to	TO
cord-026144-buctm04o	131	14	simulate	simulate	VB
cord-026144-buctm04o	131	15	the	the	DT
cord-026144-buctm04o	131	16	data	datum	NNS
cord-026144-buctm04o	131	17	.	.	.
cord-026144-buctm04o	132	1	Space	space	NN
cord-026144-buctm04o	132	2	constraints	constraint	NNS
cord-026144-buctm04o	132	3	prevent	prevent	VBP
cord-026144-buctm04o	132	4	us	-PRON-	PRP
cord-026144-buctm04o	132	5	from	from	IN
cord-026144-buctm04o	132	6	including	include	VBG
cord-026144-buctm04o	132	7	further	further	JJ
cord-026144-buctm04o	132	8	details	detail	NNS
cord-026144-buctm04o	132	9	.	.	.
cord-026144-buctm04o	133	1	For	for	IN
cord-026144-buctm04o	133	2	the	the	DT
cord-026144-buctm04o	133	3	empirical	empirical	JJ
cord-026144-buctm04o	133	4	tests	test	NNS
cord-026144-buctm04o	133	5	,	,	,
cord-026144-buctm04o	133	6	the	the	DT
cord-026144-buctm04o	133	7	data	datum	NNS
cord-026144-buctm04o	133	8	are	be	VBP
cord-026144-buctm04o	133	9	derived	derive	VBN
cord-026144-buctm04o	133	10	from	from	IN
cord-026144-buctm04o	133	11	two	two	CD
cord-026144-buctm04o	133	12	sources	source	NNS
cord-026144-buctm04o	133	13	.	.	.
cord-026144-buctm04o	134	1	The	the	DT
cord-026144-buctm04o	134	2	information	information	NN
cord-026144-buctm04o	134	3	on	on	IN
cord-026144-buctm04o	134	4	trade	trade	NN
cord-026144-buctm04o	134	5	finance	finance	NN
cord-026144-buctm04o	134	6	costs	cost	NNS
cord-026144-buctm04o	134	7	is	be	VBZ
cord-026144-buctm04o	134	8	obtained	obtain	VBN
cord-026144-buctm04o	134	9	from	from	IN
cord-026144-buctm04o	134	10	Loan	Loan	NNP
cord-026144-buctm04o	134	11	Pricing	Pricing	NNP
cord-026144-buctm04o	134	12	Corporation	Corporation	NNP
cord-026144-buctm04o	134	13	's	's	POS
cord-026144-buctm04o	134	14	Dealscan	dealscan	JJ
cord-026144-buctm04o	134	15	database	database	NN
cord-026144-buctm04o	134	16	.	.	.
cord-026144-buctm04o	135	1	The	the	DT
cord-026144-buctm04o	135	2	information	information	NN
cord-026144-buctm04o	135	3	on	on	IN
cord-026144-buctm04o	135	4	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	135	5	variables	variable	NNS
cord-026144-buctm04o	135	6	for	for	IN
cord-026144-buctm04o	135	7	the	the	DT
cord-026144-buctm04o	135	8	countries	country	NNS
cord-026144-buctm04o	135	9	is	be	VBZ
cord-026144-buctm04o	135	10	obtained	obtain	VBN
cord-026144-buctm04o	135	11	from	from	IN
cord-026144-buctm04o	135	12	the	the	DT
cord-026144-buctm04o	135	13	World	World	NNP
cord-026144-buctm04o	135	14	Bank	Bank	NNP
cord-026144-buctm04o	135	15	.	.	.
cord-026144-buctm04o	136	1	We	-PRON-	PRP
cord-026144-buctm04o	136	2	briefly	briefly	RB
cord-026144-buctm04o	136	3	describe	describe	VBP
cord-026144-buctm04o	136	4	the	the	DT
cord-026144-buctm04o	136	5	data	datum	NNS
cord-026144-buctm04o	136	6	sources	source	NNS
cord-026144-buctm04o	136	7	.	.	.
cord-026144-buctm04o	137	1	Dealscan	Dealscan	NNP
cord-026144-buctm04o	137	2	provides	provide	VBZ
cord-026144-buctm04o	137	3	detailed	detailed	JJ
cord-026144-buctm04o	137	4	information	information	NN
cord-026144-buctm04o	137	5	on	on	IN
cord-026144-buctm04o	137	6	loan	loan	NN
cord-026144-buctm04o	137	7	contract	contract	NN
cord-026144-buctm04o	137	8	terms	term	NNS
cord-026144-buctm04o	137	9	including	include	VBG
cord-026144-buctm04o	137	10	the	the	DT
cord-026144-buctm04o	137	11	spread	spread	NN
cord-026144-buctm04o	137	12	above	above	IN
cord-026144-buctm04o	137	13	LIBOR	LIBOR	NNP
cord-026144-buctm04o	137	14	,	,	,
cord-026144-buctm04o	137	15	maturity	maturity	NN
cord-026144-buctm04o	137	16	,	,	,
cord-026144-buctm04o	137	17	and	and	CC
cord-026144-buctm04o	137	18	covenants	covenant	NNS
cord-026144-buctm04o	137	19	since	since	IN
cord-026144-buctm04o	137	20	1986	1986	CD
cord-026144-buctm04o	137	21	.	.	.
cord-026144-buctm04o	138	1	The	the	DT
cord-026144-buctm04o	138	2	primary	primary	JJ
cord-026144-buctm04o	138	3	sources	source	NNS
cord-026144-buctm04o	138	4	of	of	IN
cord-026144-buctm04o	138	5	data	datum	NNS
cord-026144-buctm04o	138	6	for	for	IN
cord-026144-buctm04o	138	7	Dealscan	Dealscan	NNP
cord-026144-buctm04o	138	8	are	be	VBP
cord-026144-buctm04o	138	9	attachments	attachment	NNS
cord-026144-buctm04o	138	10	on	on	IN
cord-026144-buctm04o	138	11	SEC	SEC	NNP
cord-026144-buctm04o	138	12	filings	filing	NNS
cord-026144-buctm04o	138	13	,	,	,
cord-026144-buctm04o	138	14	reports	report	NNS
cord-026144-buctm04o	138	15	from	from	IN
cord-026144-buctm04o	138	16	loan	loan	NN
cord-026144-buctm04o	138	17	originators	originator	NNS
cord-026144-buctm04o	138	18	,	,	,
cord-026144-buctm04o	138	19	and	and	CC
cord-026144-buctm04o	138	20	the	the	DT
cord-026144-buctm04o	138	21	financial	financial	JJ
cord-026144-buctm04o	138	22	press	press	NN
cord-026144-buctm04o	138	23	[	[	-LRB-
cord-026144-buctm04o	138	24	41	41	CD
cord-026144-buctm04o	138	25	]	]	-RRB-
cord-026144-buctm04o	138	26	.	.	.
cord-026144-buctm04o	139	1	As	as	IN
cord-026144-buctm04o	139	2	it	-PRON-	PRP
cord-026144-buctm04o	139	3	is	be	VBZ
cord-026144-buctm04o	139	4	one	one	CD
cord-026144-buctm04o	139	5	of	of	IN
cord-026144-buctm04o	139	6	the	the	DT
cord-026144-buctm04o	139	7	most	most	RBS
cord-026144-buctm04o	139	8	comprehensive	comprehensive	JJ
cord-026144-buctm04o	139	9	sources	source	NNS
cord-026144-buctm04o	139	10	of	of	IN
cord-026144-buctm04o	139	11	syndicated	syndicate	VBN
cord-026144-buctm04o	139	12	loan	loan	NN
cord-026144-buctm04o	139	13	data	datum	NNS
cord-026144-buctm04o	139	14	,	,	,
cord-026144-buctm04o	139	15	prior	prior	JJ
cord-026144-buctm04o	139	16	literature	literature	NN
cord-026144-buctm04o	139	17	has	have	VBZ
cord-026144-buctm04o	139	18	relied	rely	VBN
cord-026144-buctm04o	139	19	on	on	IN
cord-026144-buctm04o	139	20	it	-PRON-	PRP
cord-026144-buctm04o	139	21	to	to	IN
cord-026144-buctm04o	139	22	a	a	DT
cord-026144-buctm04o	139	23	large	large	JJ
cord-026144-buctm04o	139	24	extent	extent	NN
cord-026144-buctm04o	139	25	[	[	-LRB-
cord-026144-buctm04o	139	26	1	1	CD
cord-026144-buctm04o	139	27	,	,	,
cord-026144-buctm04o	139	28	3	3	CD
cord-026144-buctm04o	139	29	,	,	,
cord-026144-buctm04o	139	30	16	16	CD
cord-026144-buctm04o	139	31	,	,	,
cord-026144-buctm04o	139	32	23	23	CD
cord-026144-buctm04o	139	33	,	,	,
cord-026144-buctm04o	139	34	41	41	CD
cord-026144-buctm04o	139	35	]	]	-RRB-
cord-026144-buctm04o	139	36	.	.	.
cord-026144-buctm04o	140	1	The	the	DT
cord-026144-buctm04o	140	2	Dealscan	dealscan	JJ
cord-026144-buctm04o	140	3	data	data	NN
cord-026144-buctm04o	140	4	records	record	NNS
cord-026144-buctm04o	140	5	,	,	,
cord-026144-buctm04o	140	6	for	for	IN
cord-026144-buctm04o	140	7	each	each	DT
cord-026144-buctm04o	140	8	year	year	NN
cord-026144-buctm04o	140	9	,	,	,
cord-026144-buctm04o	140	10	the	the	DT
cord-026144-buctm04o	140	11	loan	loan	NN
cord-026144-buctm04o	140	12	deals	deal	VBZ
cord-026144-buctm04o	140	13	a	a	DT
cord-026144-buctm04o	140	14	borrowing	borrowing	NN
cord-026144-buctm04o	140	15	firm	firm	NN
cord-026144-buctm04o	140	16	makes	make	VBZ
cord-026144-buctm04o	140	17	.	.	.
cord-026144-buctm04o	141	1	In	in	IN
cord-026144-buctm04o	141	2	some	some	DT
cord-026144-buctm04o	141	3	instances	instance	NNS
cord-026144-buctm04o	141	4	,	,	,
cord-026144-buctm04o	141	5	a	a	DT
cord-026144-buctm04o	141	6	borrower	borrower	NN
cord-026144-buctm04o	141	7	firm	firm	NN
cord-026144-buctm04o	141	8	may	may	MD
cord-026144-buctm04o	141	9	make	make	VB
cord-026144-buctm04o	141	10	several	several	JJ
cord-026144-buctm04o	141	11	loan	loan	NN
cord-026144-buctm04o	141	12	deals	deal	NNS
cord-026144-buctm04o	141	13	in	in	IN
cord-026144-buctm04o	141	14	a	a	DT
cord-026144-buctm04o	141	15	year	year	NN
cord-026144-buctm04o	141	16	.	.	.
cord-026144-buctm04o	142	1	To	to	TO
cord-026144-buctm04o	142	2	focus	focus	VB
cord-026144-buctm04o	142	3	on	on	IN
cord-026144-buctm04o	142	4	trade	trade	NN
cord-026144-buctm04o	142	5	finance	finance	NN
cord-026144-buctm04o	142	6	,	,	,
cord-026144-buctm04o	142	7	we	-PRON-	PRP
cord-026144-buctm04o	142	8	limit	limit	VBP
cord-026144-buctm04o	142	9	the	the	DT
cord-026144-buctm04o	142	10	sample	sample	NN
cord-026144-buctm04o	142	11	to	to	IN
cord-026144-buctm04o	142	12	only	only	RB
cord-026144-buctm04o	142	13	those	those	DT
cord-026144-buctm04o	142	14	loans	loan	NNS
cord-026144-buctm04o	142	15	where	where	WRB
cord-026144-buctm04o	142	16	the	the	DT
cord-026144-buctm04o	142	17	purpose	purpose	NN
cord-026144-buctm04o	142	18	was	be	VBD
cord-026144-buctm04o	142	19	identified	identify	VBN
cord-026144-buctm04o	142	20	by	by	IN
cord-026144-buctm04o	142	21	Dealscan	Dealscan	NNP
cord-026144-buctm04o	142	22	as	as	IN
cord-026144-buctm04o	142	23	one	one	CD
cord-026144-buctm04o	142	24	of	of	IN
cord-026144-buctm04o	142	25	the	the	DT
cord-026144-buctm04o	142	26	following	follow	VBG
cord-026144-buctm04o	142	27	:	:	:
cord-026144-buctm04o	142	28	Trade	Trade	NNP
cord-026144-buctm04o	142	29	Finance	Finance	NNP
cord-026144-buctm04o	142	30	,	,	,
cord-026144-buctm04o	142	31	CP	CP	NNP
cord-026144-buctm04o	142	32	Backup	Backup	NNP
cord-026144-buctm04o	142	33	,	,	,
cord-026144-buctm04o	142	34	Pre	Pre	NNP
cord-026144-buctm04o	142	35	-	-	NNP
cord-026144-buctm04o	142	36	Export	Export	NNP
cord-026144-buctm04o	142	37	,	,	,
cord-026144-buctm04o	142	38	and	and	CC
cord-026144-buctm04o	142	39	Ship	Ship	NNP
cord-026144-buctm04o	142	40	Finance	Finance	NNP
cord-026144-buctm04o	142	41	.	.	.
cord-026144-buctm04o	143	1	Our	-PRON-	PRP$
cord-026144-buctm04o	143	2	trade	trade	NN
cord-026144-buctm04o	143	3	finance	finance	NN
cord-026144-buctm04o	143	4	costs	cost	NNS
cord-026144-buctm04o	143	5	are	be	VBP
cord-026144-buctm04o	143	6	measured	measure	VBN
cord-026144-buctm04o	143	7	as	as	IN
cord-026144-buctm04o	143	8	the	the	DT
cord-026144-buctm04o	143	9	loan	loan	NN
cord-026144-buctm04o	143	10	price	price	NN
cord-026144-buctm04o	143	11	for	for	IN
cord-026144-buctm04o	143	12	each	each	DT
cord-026144-buctm04o	143	13	loan	loan	NN
cord-026144-buctm04o	143	14	facility	facility	NN
cord-026144-buctm04o	143	15	,	,	,
cord-026144-buctm04o	143	16	which	which	WDT
cord-026144-buctm04o	143	17	equals	equal	VBZ
cord-026144-buctm04o	143	18	the	the	DT
cord-026144-buctm04o	143	19	loan	loan	NN
cord-026144-buctm04o	143	20	facility	facility	NN
cord-026144-buctm04o	143	21	's	's	POS
cord-026144-buctm04o	143	22	at	at	IN
cord-026144-buctm04o	143	23	-	-	HYPH
cord-026144-buctm04o	143	24	issue	issue	NN
cord-026144-buctm04o	143	25	yield	yield	NN
cord-026144-buctm04o	143	26	spread	spread	VBN
cord-026144-buctm04o	143	27	over	over	IN
cord-026144-buctm04o	143	28	LIBOR	LIBOR	NNP
cord-026144-buctm04o	143	29	(	(	-LRB-
cord-026144-buctm04o	143	30	in	in	IN
cord-026144-buctm04o	143	31	basis	basis	NN
cord-026144-buctm04o	143	32	points	point	NNS
cord-026144-buctm04o	143	33	)	)	-RRB-
cord-026144-buctm04o	143	34	.	.	.
cord-026144-buctm04o	144	1	Due	due	IN
cord-026144-buctm04o	144	2	to	to	IN
cord-026144-buctm04o	144	3	the	the	DT
cord-026144-buctm04o	144	4	limited	limited	JJ
cord-026144-buctm04o	144	5	number	number	NN
cord-026144-buctm04o	144	6	of	of	IN
cord-026144-buctm04o	144	7	observations	observation	NNS
cord-026144-buctm04o	144	8	,	,	,
cord-026144-buctm04o	144	9	we	-PRON-	PRP
cord-026144-buctm04o	144	10	do	do	VBP
cord-026144-buctm04o	144	11	n't	not	RB
cord-026144-buctm04o	144	12	differentiate	differentiate	VB
cord-026144-buctm04o	144	13	between	between	IN
cord-026144-buctm04o	144	14	different	different	JJ
cord-026144-buctm04o	144	15	types	type	NNS
cord-026144-buctm04o	144	16	of	of	IN
cord-026144-buctm04o	144	17	loans	loan	NNS
cord-026144-buctm04o	144	18	.	.	.
cord-026144-buctm04o	145	1	Instead	instead	RB
cord-026144-buctm04o	145	2	,	,	,
cord-026144-buctm04o	145	3	the	the	DT
cord-026144-buctm04o	145	4	trade	trade	NN
cord-026144-buctm04o	145	5	finance	finance	NN
cord-026144-buctm04o	145	6	costs	cost	NNS
cord-026144-buctm04o	145	7	are	be	VBP
cord-026144-buctm04o	145	8	averaged	average	VBN
cord-026144-buctm04o	145	9	across	across	IN
cord-026144-buctm04o	145	10	different	different	JJ
cord-026144-buctm04o	145	11	types	type	NNS
cord-026144-buctm04o	145	12	of	of	IN
cord-026144-buctm04o	145	13	loans	loan	NNS
cord-026144-buctm04o	145	14	such	such	JJ
cord-026144-buctm04o	145	15	as	as	IN
cord-026144-buctm04o	145	16	revolver	revolver	NN
cord-026144-buctm04o	145	17	loans	loan	NNS
cord-026144-buctm04o	145	18	,	,	,
cord-026144-buctm04o	145	19	term	term	NN
cord-026144-buctm04o	145	20	loans	loan	NNS
cord-026144-buctm04o	145	21	,	,	,
cord-026144-buctm04o	145	22	and	and	CC
cord-026144-buctm04o	145	23	fixed	fix	VBN
cord-026144-buctm04o	145	24	-	-	HYPH
cord-026144-buctm04o	145	25	rate	rate	NN
cord-026144-buctm04o	145	26	bonds	bond	NNS
cord-026144-buctm04o	145	27	.	.	.
cord-026144-buctm04o	146	1	We	-PRON-	PRP
cord-026144-buctm04o	146	2	use	use	VBP
cord-026144-buctm04o	146	3	the	the	DT
cord-026144-buctm04o	146	4	World	World	NNP
cord-026144-buctm04o	146	5	Bank	Bank	NNP
cord-026144-buctm04o	146	6	data	datum	NNS
cord-026144-buctm04o	146	7	to	to	TO
cord-026144-buctm04o	146	8	get	get	VB
cord-026144-buctm04o	146	9	information	information	NN
cord-026144-buctm04o	146	10	on	on	IN
cord-026144-buctm04o	146	11	the	the	DT
cord-026144-buctm04o	146	12	economic	economic	JJ
cord-026144-buctm04o	146	13	and	and	CC
cord-026144-buctm04o	146	14	regulatory	regulatory	JJ
cord-026144-buctm04o	146	15	climate	climate	NN
cord-026144-buctm04o	146	16	,	,	,
cord-026144-buctm04o	146	17	and	and	CC
cord-026144-buctm04o	146	18	extent	extent	NN
cord-026144-buctm04o	146	19	of	of	IN
cord-026144-buctm04o	146	20	development	development	NN
cord-026144-buctm04o	146	21	of	of	IN
cord-026144-buctm04o	146	22	the	the	DT
cord-026144-buctm04o	146	23	banking	banking	NN
cord-026144-buctm04o	146	24	sector	sector	NN
cord-026144-buctm04o	146	25	of	of	IN
cord-026144-buctm04o	146	26	the	the	DT
cord-026144-buctm04o	146	27	countries	country	NNS
cord-026144-buctm04o	146	28	where	where	WRB
cord-026144-buctm04o	146	29	the	the	DT
cord-026144-buctm04o	146	30	borrowing	borrowing	NN
cord-026144-buctm04o	146	31	firms	firm	NNS
cord-026144-buctm04o	146	32	are	be	VBP
cord-026144-buctm04o	146	33	headquartered	headquarter	VBN
cord-026144-buctm04o	146	34	.	.	.
cord-026144-buctm04o	147	1	The	the	DT
cord-026144-buctm04o	147	2	economic	economic	JJ
cord-026144-buctm04o	147	3	and	and	CC
cord-026144-buctm04o	147	4	regulatory	regulatory	JJ
cord-026144-buctm04o	147	5	climate	climate	NN
cord-026144-buctm04o	147	6	of	of	IN
cord-026144-buctm04o	147	7	a	a	DT
cord-026144-buctm04o	147	8	country	country	NN
cord-026144-buctm04o	147	9	is	be	VBZ
cord-026144-buctm04o	147	10	captured	capture	VBN
cord-026144-buctm04o	147	11	by	by	IN
cord-026144-buctm04o	147	12	GDP	GDP	NNP
cord-026144-buctm04o	147	13	growth	growth	NN
cord-026144-buctm04o	147	14	,	,	,
cord-026144-buctm04o	147	15	inflation	inflation	NN
cord-026144-buctm04o	147	16	,	,	,
cord-026144-buctm04o	147	17	stock	stock	NN
cord-026144-buctm04o	147	18	market	market	NN
cord-026144-buctm04o	147	19	capitalization	capitalization	NN
cord-026144-buctm04o	147	20	,	,	,
cord-026144-buctm04o	147	21	and	and	CC
cord-026144-buctm04o	147	22	trade	trade	NN
cord-026144-buctm04o	147	23	intensity	intensity	NN
cord-026144-buctm04o	147	24	.	.	.
cord-026144-buctm04o	148	1	Countries	country	NNS
cord-026144-buctm04o	148	2	with	with	IN
cord-026144-buctm04o	148	3	high	high	JJ
cord-026144-buctm04o	148	4	GDP	GDP	NNP
cord-026144-buctm04o	148	5	growth	growth	NN
cord-026144-buctm04o	148	6	are	be	VBP
cord-026144-buctm04o	148	7	likely	likely	JJ
cord-026144-buctm04o	148	8	to	to	TO
cord-026144-buctm04o	148	9	face	face	VB
cord-026144-buctm04o	148	10	lower	low	JJR
cord-026144-buctm04o	148	11	cost	cost	NN
cord-026144-buctm04o	148	12	of	of	IN
cord-026144-buctm04o	148	13	trade	trade	NN
cord-026144-buctm04o	148	14	finance	finance	NN
cord-026144-buctm04o	148	15	,	,	,
cord-026144-buctm04o	148	16	particularly	particularly	RB
cord-026144-buctm04o	148	17	during	during	IN
cord-026144-buctm04o	148	18	the	the	DT
cord-026144-buctm04o	148	19	financial	financial	JJ
cord-026144-buctm04o	148	20	crisis	crisis	NN
cord-026144-buctm04o	148	21	.	.	.
cord-026144-buctm04o	149	1	As	as	IN
cord-026144-buctm04o	149	2	a	a	DT
cord-026144-buctm04o	149	3	high	high	JJ
cord-026144-buctm04o	149	4	GDP	gdp	NN
cord-026144-buctm04o	149	5	growth	growth	NN
cord-026144-buctm04o	149	6	is	be	VBZ
cord-026144-buctm04o	149	7	an	an	DT
cord-026144-buctm04o	149	8	indicator	indicator	NN
cord-026144-buctm04o	149	9	of	of	IN
cord-026144-buctm04o	149	10	the	the	DT
cord-026144-buctm04o	149	11	health	health	NN
cord-026144-buctm04o	149	12	of	of	IN
cord-026144-buctm04o	149	13	the	the	DT
cord-026144-buctm04o	149	14	economy	economy	NN
cord-026144-buctm04o	149	15	,	,	,
cord-026144-buctm04o	149	16	during	during	IN
cord-026144-buctm04o	149	17	the	the	DT
cord-026144-buctm04o	149	18	financial	financial	JJ
cord-026144-buctm04o	149	19	crisis	crisis	NN
cord-026144-buctm04o	149	20	lenders	lender	NNS
cord-026144-buctm04o	149	21	are	be	VBP
cord-026144-buctm04o	149	22	likely	likely	JJ
cord-026144-buctm04o	149	23	to	to	TO
cord-026144-buctm04o	149	24	move	move	VB
cord-026144-buctm04o	149	25	their	-PRON-	PRP$
cord-026144-buctm04o	149	26	assets	asset	NNS
cord-026144-buctm04o	149	27	to	to	IN
cord-026144-buctm04o	149	28	these	these	DT
cord-026144-buctm04o	149	29	economies	economy	NNS
cord-026144-buctm04o	149	30	.	.	.
cord-026144-buctm04o	150	1	Countries	country	NNS
cord-026144-buctm04o	150	2	with	with	IN
cord-026144-buctm04o	150	3	higher	high	JJR
cord-026144-buctm04o	150	4	inflation	inflation	NN
cord-026144-buctm04o	150	5	will	will	MD
cord-026144-buctm04o	150	6	likely	likely	RB
cord-026144-buctm04o	150	7	have	have	VB
cord-026144-buctm04o	150	8	higher	high	JJR
cord-026144-buctm04o	150	9	cost	cost	NN
cord-026144-buctm04o	150	10	of	of	IN
cord-026144-buctm04o	150	11	trade	trade	NN
cord-026144-buctm04o	150	12	finance	finance	NN
cord-026144-buctm04o	150	13	as	as	IN
cord-026144-buctm04o	150	14	the	the	DT
cord-026144-buctm04o	150	15	rate	rate	NN
cord-026144-buctm04o	150	16	of	of	IN
cord-026144-buctm04o	150	17	returns	return	NNS
cord-026144-buctm04o	150	18	on	on	IN
cord-026144-buctm04o	150	19	the	the	DT
cord-026144-buctm04o	150	20	loans	loan	NNS
cord-026144-buctm04o	150	21	will	will	MD
cord-026144-buctm04o	150	22	incorporate	incorporate	VB
cord-026144-buctm04o	150	23	the	the	DT
cord-026144-buctm04o	150	24	rate	rate	NN
cord-026144-buctm04o	150	25	of	of	IN
cord-026144-buctm04o	150	26	inflation	inflation	NN
cord-026144-buctm04o	150	27	.	.	.
cord-026144-buctm04o	151	1	We	-PRON-	PRP
cord-026144-buctm04o	151	2	include	include	VBP
cord-026144-buctm04o	151	3	stock	stock	NN
cord-026144-buctm04o	151	4	market	market	NN
cord-026144-buctm04o	151	5	capitalization	capitalization	NN
cord-026144-buctm04o	151	6	scaled	scale	VBN
cord-026144-buctm04o	151	7	by	by	IN
cord-026144-buctm04o	151	8	GDP	GDP	NNP
cord-026144-buctm04o	151	9	as	as	IN
cord-026144-buctm04o	151	10	a	a	DT
cord-026144-buctm04o	151	11	proxy	proxy	NN
cord-026144-buctm04o	151	12	for	for	IN
cord-026144-buctm04o	151	13	the	the	DT
cord-026144-buctm04o	151	14	capital	capital	NN
cord-026144-buctm04o	151	15	market	market	NN
cord-026144-buctm04o	151	16	development	development	NN
cord-026144-buctm04o	151	17	in	in	IN
cord-026144-buctm04o	151	18	the	the	DT
cord-026144-buctm04o	151	19	country	country	NN
cord-026144-buctm04o	151	20	.	.	.
cord-026144-buctm04o	152	1	Countries	country	NNS
cord-026144-buctm04o	152	2	with	with	IN
cord-026144-buctm04o	152	3	higher	high	JJR
cord-026144-buctm04o	152	4	stock	stock	NN
cord-026144-buctm04o	152	5	market	market	NN
cord-026144-buctm04o	152	6	capitalization	capitalization	NN
cord-026144-buctm04o	152	7	are	be	VBP
cord-026144-buctm04o	152	8	likely	likely	JJ
cord-026144-buctm04o	152	9	to	to	TO
cord-026144-buctm04o	152	10	have	have	VB
cord-026144-buctm04o	152	11	more	more	RBR
cord-026144-buctm04o	152	12	developed	develop	VBN
cord-026144-buctm04o	152	13	financial	financial	JJ
cord-026144-buctm04o	152	14	markets	market	NNS
cord-026144-buctm04o	152	15	.	.	.
cord-026144-buctm04o	153	1	Therefore	therefore	RB
cord-026144-buctm04o	153	2	,	,	,
cord-026144-buctm04o	153	3	the	the	DT
cord-026144-buctm04o	153	4	cost	cost	NN
cord-026144-buctm04o	153	5	of	of	IN
cord-026144-buctm04o	153	6	trade	trade	NN
cord-026144-buctm04o	153	7	finance	finance	NN
cord-026144-buctm04o	153	8	in	in	IN
cord-026144-buctm04o	153	9	such	such	JJ
cord-026144-buctm04o	153	10	markets	market	NNS
cord-026144-buctm04o	153	11	is	be	VBZ
cord-026144-buctm04o	153	12	likely	likely	JJ
cord-026144-buctm04o	153	13	to	to	TO
cord-026144-buctm04o	153	14	be	be	VB
cord-026144-buctm04o	153	15	lower	low	JJR
cord-026144-buctm04o	153	16	.	.	.
cord-026144-buctm04o	154	1	Finally	finally	RB
cord-026144-buctm04o	154	2	,	,	,
cord-026144-buctm04o	154	3	we	-PRON-	PRP
cord-026144-buctm04o	154	4	include	include	VBP
cord-026144-buctm04o	154	5	total	total	JJ
cord-026144-buctm04o	154	6	trade	trade	NN
cord-026144-buctm04o	154	7	for	for	IN
cord-026144-buctm04o	154	8	the	the	DT
cord-026144-buctm04o	154	9	country	country	NN
cord-026144-buctm04o	154	10	scaled	scale	VBN
cord-026144-buctm04o	154	11	by	by	IN
cord-026144-buctm04o	154	12	the	the	DT
cord-026144-buctm04o	154	13	country	country	NN
cord-026144-buctm04o	154	14	's	's	POS
cord-026144-buctm04o	154	15	GDP	gdp	NN
cord-026144-buctm04o	154	16	as	as	IN
cord-026144-buctm04o	154	17	a	a	DT
cord-026144-buctm04o	154	18	measure	measure	NN
cord-026144-buctm04o	154	19	of	of	IN
cord-026144-buctm04o	154	20	trade	trade	NN
cord-026144-buctm04o	154	21	intensity	intensity	NN
cord-026144-buctm04o	154	22	.	.	.
cord-026144-buctm04o	155	1	We	-PRON-	PRP
cord-026144-buctm04o	155	2	expect	expect	VBP
cord-026144-buctm04o	155	3	that	that	IN
cord-026144-buctm04o	155	4	countries	country	NNS
cord-026144-buctm04o	155	5	with	with	IN
cord-026144-buctm04o	155	6	a	a	DT
cord-026144-buctm04o	155	7	higher	high	JJR
cord-026144-buctm04o	155	8	trade	trade	NN
cord-026144-buctm04o	155	9	intensity	intensity	NN
cord-026144-buctm04o	155	10	will	will	MD
cord-026144-buctm04o	155	11	face	face	VB
cord-026144-buctm04o	155	12	a	a	DT
cord-026144-buctm04o	155	13	higher	high	JJR
cord-026144-buctm04o	155	14	trade	trade	NN
cord-026144-buctm04o	155	15	finance	finance	NN
cord-026144-buctm04o	155	16	cost	cost	NN
cord-026144-buctm04o	155	17	since	since	IN
cord-026144-buctm04o	155	18	a	a	DT
cord-026144-buctm04o	155	19	greater	great	JJR
cord-026144-buctm04o	155	20	reliance	reliance	NN
cord-026144-buctm04o	155	21	on	on	IN
cord-026144-buctm04o	155	22	trade	trade	NN
cord-026144-buctm04o	155	23	may	may	MD
cord-026144-buctm04o	155	24	make	make	VB
cord-026144-buctm04o	155	25	a	a	DT
cord-026144-buctm04o	155	26	country	country	NN
cord-026144-buctm04o	155	27	more	more	RBR
cord-026144-buctm04o	155	28	risky	risky	JJ
cord-026144-buctm04o	155	29	during	during	IN
cord-026144-buctm04o	155	30	a	a	DT
cord-026144-buctm04o	155	31	crisis	crisis	NN
cord-026144-buctm04o	155	32	.	.	.
cord-026144-buctm04o	156	1	As	as	IN
cord-026144-buctm04o	156	2	our	-PRON-	PRP$
cord-026144-buctm04o	156	3	objective	objective	NN
cord-026144-buctm04o	156	4	is	be	VBZ
cord-026144-buctm04o	156	5	to	to	TO
cord-026144-buctm04o	156	6	study	study	VB
cord-026144-buctm04o	156	7	the	the	DT
cord-026144-buctm04o	156	8	phenomenon	phenomenon	NN
cord-026144-buctm04o	156	9	at	at	IN
cord-026144-buctm04o	156	10	the	the	DT
cord-026144-buctm04o	156	11	national	national	JJ
cord-026144-buctm04o	156	12	level	level	NN
cord-026144-buctm04o	156	13	,	,	,
cord-026144-buctm04o	156	14	we	-PRON-	PRP
cord-026144-buctm04o	156	15	need	need	VBP
cord-026144-buctm04o	156	16	to	to	TO
cord-026144-buctm04o	156	17	merge	merge	VB
cord-026144-buctm04o	156	18	these	these	DT
cord-026144-buctm04o	156	19	two	two	CD
cord-026144-buctm04o	156	20	data	datum	NNS
cord-026144-buctm04o	156	21	sets	set	NNS
cord-026144-buctm04o	156	22	.	.	.
cord-026144-buctm04o	157	1	As	as	IN
cord-026144-buctm04o	157	2	our	-PRON-	PRP$
cord-026144-buctm04o	157	3	data	datum	NNS
cord-026144-buctm04o	157	4	from	from	IN
cord-026144-buctm04o	157	5	Dealscan	Dealscan	NNP
cord-026144-buctm04o	157	6	contains	contain	VBZ
cord-026144-buctm04o	157	7	trade	trade	NN
cord-026144-buctm04o	157	8	finance	finance	NN
cord-026144-buctm04o	157	9	costs	cost	NNS
cord-026144-buctm04o	157	10	at	at	IN
cord-026144-buctm04o	157	11	the	the	DT
cord-026144-buctm04o	157	12	firm	firm	JJ
cord-026144-buctm04o	157	13	level	level	NN
cord-026144-buctm04o	157	14	in	in	IN
cord-026144-buctm04o	157	15	a	a	DT
cord-026144-buctm04o	157	16	given	give	VBN
cord-026144-buctm04o	157	17	year	year	NN
cord-026144-buctm04o	157	18	,	,	,
cord-026144-buctm04o	157	19	we	-PRON-	PRP
cord-026144-buctm04o	157	20	use	use	VBP
cord-026144-buctm04o	157	21	the	the	DT
cord-026144-buctm04o	157	22	average	average	NN
cord-026144-buctm04o	157	23	of	of	IN
cord-026144-buctm04o	157	24	the	the	DT
cord-026144-buctm04o	157	25	trade	trade	NN
cord-026144-buctm04o	157	26	finance	finance	NN
cord-026144-buctm04o	157	27	costs	cost	NNS
cord-026144-buctm04o	157	28	at	at	IN
cord-026144-buctm04o	157	29	the	the	DT
cord-026144-buctm04o	157	30	level	level	NN
cord-026144-buctm04o	157	31	of	of	IN
cord-026144-buctm04o	157	32	a	a	DT
cord-026144-buctm04o	157	33	borrowing	borrowing	NN
cord-026144-buctm04o	157	34	firm	firm	NN
cord-026144-buctm04o	157	35	's	's	POS
cord-026144-buctm04o	157	36	home	home	NN
cord-026144-buctm04o	157	37	country	country	NN
cord-026144-buctm04o	157	38	to	to	TO
cord-026144-buctm04o	157	39	derive	derive	VB
cord-026144-buctm04o	157	40	country	country	NN
cord-026144-buctm04o	157	41	-	-	HYPH
cord-026144-buctm04o	157	42	specific	specific	JJ
cord-026144-buctm04o	157	43	trade	trade	NN
cord-026144-buctm04o	157	44	finance	finance	NN
cord-026144-buctm04o	157	45	costs	cost	NNS
cord-026144-buctm04o	157	46	.	.	.
cord-026144-buctm04o	158	1	This	this	DT
cord-026144-buctm04o	158	2	permits	permit	VBZ
cord-026144-buctm04o	158	3	us	-PRON-	PRP
cord-026144-buctm04o	158	4	to	to	TO
cord-026144-buctm04o	158	5	merge	merge	VB
cord-026144-buctm04o	158	6	the	the	DT
cord-026144-buctm04o	158	7	data	datum	NNS
cord-026144-buctm04o	158	8	from	from	IN
cord-026144-buctm04o	158	9	Dealscan	Dealscan	NNP
cord-026144-buctm04o	158	10	with	with	IN
cord-026144-buctm04o	158	11	macro	macro	JJ
cord-026144-buctm04o	158	12	-	-	HYPH
cord-026144-buctm04o	158	13	economic	economic	JJ
cord-026144-buctm04o	158	14	data	datum	NNS
cord-026144-buctm04o	158	15	from	from	IN
cord-026144-buctm04o	158	16	World	World	NNP
cord-026144-buctm04o	158	17	Bank	Bank	NNP
cord-026144-buctm04o	158	18	.	.	.
cord-026144-buctm04o	159	1	Our	-PRON-	PRP$
cord-026144-buctm04o	159	2	interest	interest	NN
cord-026144-buctm04o	159	3	is	be	VBZ
cord-026144-buctm04o	159	4	in	in	IN
cord-026144-buctm04o	159	5	modelling	model	VBG
cord-026144-buctm04o	159	6	trade	trade	NN
cord-026144-buctm04o	159	7	finance	finance	NN
cord-026144-buctm04o	159	8	costs	cost	NNS
cord-026144-buctm04o	159	9	around	around	IN
cord-026144-buctm04o	159	10	the	the	DT
cord-026144-buctm04o	159	11	financial	financial	JJ
cord-026144-buctm04o	159	12	crisis	crisis	NN
cord-026144-buctm04o	159	13	of	of	IN
cord-026144-buctm04o	159	14	2008	2008	CD
cord-026144-buctm04o	159	15	-	-	SYM
cord-026144-buctm04o	159	16	2009	2009	CD
cord-026144-buctm04o	159	17	.	.	.
cord-026144-buctm04o	160	1	Therefore	therefore	RB
cord-026144-buctm04o	160	2	,	,	,
cord-026144-buctm04o	160	3	we	-PRON-	PRP
cord-026144-buctm04o	160	4	use	use	VBP
cord-026144-buctm04o	160	5	a	a	DT
cord-026144-buctm04o	160	6	5-year	5-year	CD
cord-026144-buctm04o	160	7	time	time	NN
cord-026144-buctm04o	160	8	series	series	NN
cord-026144-buctm04o	160	9	starting	start	VBG
cord-026144-buctm04o	160	10	in	in	IN
cord-026144-buctm04o	160	11	2006	2006	CD
cord-026144-buctm04o	160	12	and	and	CC
cord-026144-buctm04o	160	13	ending	end	VBG
cord-026144-buctm04o	160	14	in	in	IN
cord-026144-buctm04o	160	15	2010	2010	CD
cord-026144-buctm04o	160	16	.	.	.
cord-026144-buctm04o	161	1	This	this	DT
cord-026144-buctm04o	161	2	gives	give	VBZ
cord-026144-buctm04o	161	3	us	-PRON-	PRP
cord-026144-buctm04o	161	4	a	a	DT
cord-026144-buctm04o	161	5	reasonable	reasonable	JJ
cord-026144-buctm04o	161	6	window	window	NN
cord-026144-buctm04o	161	7	that	that	WDT
cord-026144-buctm04o	161	8	contains	contain	VBZ
cord-026144-buctm04o	161	9	pre	pre	JJ
cord-026144-buctm04o	161	10	-	-	NN
cord-026144-buctm04o	161	11	crisis	crisis	NN
cord-026144-buctm04o	161	12	,	,	,
cord-026144-buctm04o	161	13	during	during	IN
cord-026144-buctm04o	161	14	the	the	DT
cord-026144-buctm04o	161	15	crisis	crisis	NN
cord-026144-buctm04o	161	16	,	,	,
cord-026144-buctm04o	161	17	and	and	CC
cord-026144-buctm04o	161	18	postcrisis	postcrisis	NN
cord-026144-buctm04o	161	19	periods	period	NNS
cord-026144-buctm04o	161	20	.	.	.
cord-026144-buctm04o	162	1	While	while	IN
cord-026144-buctm04o	162	2	we	-PRON-	PRP
cord-026144-buctm04o	162	3	would	would	MD
cord-026144-buctm04o	162	4	like	like	VB
cord-026144-buctm04o	162	5	to	to	TO
cord-026144-buctm04o	162	6	use	use	VB
cord-026144-buctm04o	162	7	a	a	DT
cord-026144-buctm04o	162	8	longer	long	JJR
cord-026144-buctm04o	162	9	window	window	NN
cord-026144-buctm04o	162	10	,	,	,
cord-026144-buctm04o	162	11	we	-PRON-	PRP
cord-026144-buctm04o	162	12	are	be	VBP
cord-026144-buctm04o	162	13	constrained	constrain	VBN
cord-026144-buctm04o	162	14	by	by	IN
cord-026144-buctm04o	162	15	the	the	DT
cord-026144-buctm04o	162	16	number	number	NN
cord-026144-buctm04o	162	17	of	of	IN
cord-026144-buctm04o	162	18	years	year	NNS
cord-026144-buctm04o	162	19	for	for	IN
cord-026144-buctm04o	162	20	which	which	WDT
cord-026144-buctm04o	162	21	the	the	DT
cord-026144-buctm04o	162	22	data	datum	NNS
cord-026144-buctm04o	162	23	are	be	VBP
cord-026144-buctm04o	162	24	available	available	JJ
cord-026144-buctm04o	162	25	to	to	IN
cord-026144-buctm04o	162	26	us	-PRON-	PRP
cord-026144-buctm04o	162	27	from	from	IN
cord-026144-buctm04o	162	28	Dealscan	Dealscan	NNP
cord-026144-buctm04o	162	29	.	.	.
cord-026144-buctm04o	163	1	After	after	IN
cord-026144-buctm04o	163	2	merging	merge	VBG
cord-026144-buctm04o	163	3	the	the	DT
cord-026144-buctm04o	163	4	two	two	CD
cord-026144-buctm04o	163	5	databases	database	NNS
cord-026144-buctm04o	163	6	,	,	,
cord-026144-buctm04o	163	7	our	-PRON-	PRP$
cord-026144-buctm04o	163	8	final	final	JJ
cord-026144-buctm04o	163	9	sample	sample	NN
cord-026144-buctm04o	163	10	consists	consist	VBZ
cord-026144-buctm04o	163	11	of	of	IN
cord-026144-buctm04o	163	12	eight	eight	CD
cord-026144-buctm04o	163	13	countries	country	NNS
cord-026144-buctm04o	163	14	for	for	IN
cord-026144-buctm04o	163	15	which	which	WDT
cord-026144-buctm04o	163	16	we	-PRON-	PRP
cord-026144-buctm04o	163	17	have	have	VBP
cord-026144-buctm04o	163	18	information	information	NN
cord-026144-buctm04o	163	19	on	on	IN
cord-026144-buctm04o	163	20	trade	trade	NN
cord-026144-buctm04o	163	21	finance	finance	NN
cord-026144-buctm04o	163	22	costs	cost	NNS
cord-026144-buctm04o	163	23	as	as	RB
cord-026144-buctm04o	163	24	well	well	RB
cord-026144-buctm04o	163	25	as	as	IN
cord-026144-buctm04o	163	26	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	163	27	indicators	indicator	NNS
cord-026144-buctm04o	163	28	for	for	IN
cord-026144-buctm04o	163	29	all	all	PDT
cord-026144-buctm04o	163	30	the	the	DT
cord-026144-buctm04o	163	31	five	five	CD
cord-026144-buctm04o	163	32	years	year	NNS
cord-026144-buctm04o	163	33	.	.	.
cord-026144-buctm04o	164	1	The	the	DT
cord-026144-buctm04o	164	2	eight	eight	CD
cord-026144-buctm04o	164	3	countries	country	NNS
cord-026144-buctm04o	164	4	are	be	VBP
cord-026144-buctm04o	164	5	:	:	:
cord-026144-buctm04o	164	6	Brazil	Brazil	NNP
cord-026144-buctm04o	164	7	,	,	,
cord-026144-buctm04o	164	8	Ghana	Ghana	NNP
cord-026144-buctm04o	164	9	,	,	,
cord-026144-buctm04o	164	10	Greece	Greece	NNP
cord-026144-buctm04o	164	11	,	,	,
cord-026144-buctm04o	164	12	Russia	Russia	NNP
cord-026144-buctm04o	164	13	,	,	,
cord-026144-buctm04o	164	14	Turkey	Turkey	NNP
cord-026144-buctm04o	164	15	,	,	,
cord-026144-buctm04o	164	16	Ukraine	Ukraine	NNP
cord-026144-buctm04o	164	17	,	,	,
cord-026144-buctm04o	164	18	United	United	NNP
cord-026144-buctm04o	164	19	Kingdom	Kingdom	NNP
cord-026144-buctm04o	164	20	(	(	-LRB-
cord-026144-buctm04o	164	21	UK	UK	NNP
cord-026144-buctm04o	164	22	)	)	-RRB-
cord-026144-buctm04o	164	23	,	,	,
cord-026144-buctm04o	164	24	and	and	CC
cord-026144-buctm04o	164	25	the	the	DT
cord-026144-buctm04o	164	26	United	United	NNP
cord-026144-buctm04o	164	27	States	States	NNP
cord-026144-buctm04o	164	28	(	(	-LRB-
cord-026144-buctm04o	164	29	USA	USA	NNP
cord-026144-buctm04o	164	30	)	)	-RRB-
cord-026144-buctm04o	164	31	.	.	.
cord-026144-buctm04o	165	1	We	-PRON-	PRP
cord-026144-buctm04o	165	2	report	report	VBP
cord-026144-buctm04o	165	3	the	the	DT
cord-026144-buctm04o	165	4	descriptive	descriptive	JJ
cord-026144-buctm04o	165	5	statistics	statistic	NNS
cord-026144-buctm04o	165	6	for	for	IN
cord-026144-buctm04o	165	7	the	the	DT
cord-026144-buctm04o	165	8	sample	sample	NN
cord-026144-buctm04o	165	9	in	in	IN
cord-026144-buctm04o	165	10	Table	Table	NNP
cord-026144-buctm04o	165	11	1	1	CD
cord-026144-buctm04o	165	12	.	.	.
cord-026144-buctm04o	166	1	Average	average	JJ
cord-026144-buctm04o	166	2	trade	trade	NN
cord-026144-buctm04o	166	3	finance	finance	NN
cord-026144-buctm04o	166	4	costs	cost	NNS
cord-026144-buctm04o	166	5	are	be	VBP
cord-026144-buctm04o	166	6	approximately	approximately	RB
cord-026144-buctm04o	166	7	190	190	CD
cord-026144-buctm04o	166	8	basis	basis	NN
cord-026144-buctm04o	166	9	points	point	NNS
cord-026144-buctm04o	166	10	above	above	IN
cord-026144-buctm04o	166	11	LIBOR	LIBOR	NNP
cord-026144-buctm04o	166	12	.	.	.
cord-026144-buctm04o	167	1	Mean	mean	JJ
cord-026144-buctm04o	167	2	GDP	GDP	NNP
cord-026144-buctm04o	167	3	growth	growth	NN
cord-026144-buctm04o	167	4	is	be	VBZ
cord-026144-buctm04o	167	5	just	just	RB
cord-026144-buctm04o	167	6	2.57	2.57	CD
cord-026144-buctm04o	167	7	%	%	NN
cord-026144-buctm04o	167	8	,	,	,
cord-026144-buctm04o	167	9	reflecting	reflect	VBG
cord-026144-buctm04o	167	10	the	the	DT
cord-026144-buctm04o	167	11	lower	low	JJR
cord-026144-buctm04o	167	12	growth	growth	NN
cord-026144-buctm04o	167	13	during	during	IN
cord-026144-buctm04o	167	14	the	the	DT
cord-026144-buctm04o	167	15	financial	financial	JJ
cord-026144-buctm04o	167	16	crisis	crisis	NN
cord-026144-buctm04o	167	17	.	.	.
cord-026144-buctm04o	168	1	Although	although	IN
cord-026144-buctm04o	168	2	average	average	JJ
cord-026144-buctm04o	168	3	inflation	inflation	NN
cord-026144-buctm04o	168	4	is	be	VBZ
cord-026144-buctm04o	168	5	at	at	IN
cord-026144-buctm04o	168	6	10.53	10.53	CD
cord-026144-buctm04o	168	7	%	%	NN
cord-026144-buctm04o	168	8	,	,	,
cord-026144-buctm04o	168	9	we	-PRON-	PRP
cord-026144-buctm04o	168	10	calculated	calculate	VBD
cord-026144-buctm04o	168	11	the	the	DT
cord-026144-buctm04o	168	12	median	median	JJ
cord-026144-buctm04o	168	13	inflation	inflation	NN
cord-026144-buctm04o	168	14	to	to	TO
cord-026144-buctm04o	168	15	be	be	VB
cord-026144-buctm04o	168	16	a	a	DT
cord-026144-buctm04o	168	17	moderate	moderate	JJ
cord-026144-buctm04o	168	18	6.55	6.55	CD
cord-026144-buctm04o	168	19	%	%	NN
cord-026144-buctm04o	168	20	.	.	.
cord-026144-buctm04o	169	1	On	on	IN
cord-026144-buctm04o	169	2	average	average	JJ
cord-026144-buctm04o	169	3	stock	stock	NN
cord-026144-buctm04o	169	4	market	market	NN
cord-026144-buctm04o	169	5	capitalization	capitalization	NN
cord-026144-buctm04o	169	6	/	/	SYM
cord-026144-buctm04o	169	7	GDP	gdp	NN
cord-026144-buctm04o	169	8	ratio	ratio	NN
cord-026144-buctm04o	169	9	is	be	VBZ
cord-026144-buctm04o	169	10	around	around	IN
cord-026144-buctm04o	169	11	63	63	CD
cord-026144-buctm04o	169	12	%	%	NN
cord-026144-buctm04o	169	13	while	while	IN
cord-026144-buctm04o	169	14	trade	trade	NN
cord-026144-buctm04o	169	15	/	/	SYM
cord-026144-buctm04o	169	16	GDP	gdp	NN
cord-026144-buctm04o	169	17	ratio	ratio	NN
cord-026144-buctm04o	169	18	is	be	VBZ
cord-026144-buctm04o	169	19	around	around	IN
cord-026144-buctm04o	169	20	54	54	CD
cord-026144-buctm04o	169	21	%	%	NN
cord-026144-buctm04o	169	22	.	.	.
cord-026144-buctm04o	170	1	More	more	RBR
cord-026144-buctm04o	170	2	detailed	detailed	JJ
cord-026144-buctm04o	170	3	summary	summary	NN
cord-026144-buctm04o	170	4	statistics	statistic	NNS
cord-026144-buctm04o	170	5	for	for	IN
cord-026144-buctm04o	170	6	the	the	DT
cord-026144-buctm04o	170	7	trade	trade	NN
cord-026144-buctm04o	170	8	finance	finance	NN
cord-026144-buctm04o	170	9	costs	cost	NNS
cord-026144-buctm04o	170	10	are	be	VBP
cord-026144-buctm04o	170	11	depicted	depict	VBN
cord-026144-buctm04o	170	12	in	in	IN
cord-026144-buctm04o	170	13	Fig	Fig	NNP
cord-026144-buctm04o	170	14	.	.	.
cord-026144-buctm04o	171	1	1	1	LS
cord-026144-buctm04o	171	2	.	.	.
cord-026144-buctm04o	172	1	Figure	figure	NN
cord-026144-buctm04o	172	2	1	1	CD
cord-026144-buctm04o	172	3	captures	capture	VBZ
cord-026144-buctm04o	172	4	the	the	DT
cord-026144-buctm04o	172	5	variation	variation	NN
cord-026144-buctm04o	172	6	in	in	IN
cord-026144-buctm04o	172	7	trade	trade	NN
cord-026144-buctm04o	172	8	finance	finance	NN
cord-026144-buctm04o	172	9	cost	cost	NN
cord-026144-buctm04o	172	10	over	over	IN
cord-026144-buctm04o	172	11	time	time	NN
cord-026144-buctm04o	172	12	and	and	CC
cord-026144-buctm04o	172	13	across	across	IN
cord-026144-buctm04o	172	14	8	8	CD
cord-026144-buctm04o	172	15	countries	country	NNS
cord-026144-buctm04o	172	16	.	.	.
cord-026144-buctm04o	173	1	We	-PRON-	PRP
cord-026144-buctm04o	173	2	find	find	VBP
cord-026144-buctm04o	173	3	countries	country	NNS
cord-026144-buctm04o	173	4	experience	experience	VBP
cord-026144-buctm04o	173	5	a	a	DT
cord-026144-buctm04o	173	6	large	large	JJ
cord-026144-buctm04o	173	7	increase	increase	NN
cord-026144-buctm04o	173	8	in	in	IN
cord-026144-buctm04o	173	9	trade	trade	NN
cord-026144-buctm04o	173	10	finance	finance	NN
cord-026144-buctm04o	173	11	costs	cost	NNS
cord-026144-buctm04o	173	12	from	from	IN
cord-026144-buctm04o	173	13	2008	2008	CD
cord-026144-buctm04o	173	14	to	to	IN
cord-026144-buctm04o	173	15	2009	2009	CD
cord-026144-buctm04o	173	16	.	.	.
cord-026144-buctm04o	174	1	Also	also	RB
cord-026144-buctm04o	174	2	,	,	,
cord-026144-buctm04o	174	3	except	except	IN
cord-026144-buctm04o	174	4	for	for	IN
cord-026144-buctm04o	174	5	Greece	Greece	NNP
cord-026144-buctm04o	174	6	,	,	,
cord-026144-buctm04o	174	7	these	these	DT
cord-026144-buctm04o	174	8	costs	cost	NNS
cord-026144-buctm04o	174	9	came	come	VBD
cord-026144-buctm04o	174	10	down	down	RP
cord-026144-buctm04o	174	11	in	in	IN
cord-026144-buctm04o	174	12	2010	2010	CD
cord-026144-buctm04o	174	13	from	from	IN
cord-026144-buctm04o	174	14	their	-PRON-	PRP$
cord-026144-buctm04o	174	15	peak	peak	NN
cord-026144-buctm04o	174	16	in	in	IN
cord-026144-buctm04o	174	17	2009	2009	CD
cord-026144-buctm04o	174	18	.	.	.
cord-026144-buctm04o	175	1	This	this	DT
cord-026144-buctm04o	175	2	suggests	suggest	VBZ
cord-026144-buctm04o	175	3	that	that	IN
cord-026144-buctm04o	175	4	the	the	DT
cord-026144-buctm04o	175	5	crisis	crisis	NN
cord-026144-buctm04o	175	6	impacted	impact	VBD
cord-026144-buctm04o	175	7	trade	trade	NN
cord-026144-buctm04o	175	8	finance	finance	NN
cord-026144-buctm04o	175	9	costs	cost	NNS
cord-026144-buctm04o	175	10	uniformly	uniformly	RB
cord-026144-buctm04o	175	11	in	in	IN
cord-026144-buctm04o	175	12	our	-PRON-	PRP$
cord-026144-buctm04o	175	13	sample	sample	NN
cord-026144-buctm04o	175	14	.	.	.
cord-026144-buctm04o	176	1	We	-PRON-	PRP
cord-026144-buctm04o	176	2	also	also	RB
cord-026144-buctm04o	176	3	see	see	VBP
cord-026144-buctm04o	176	4	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	176	5	across	across	IN
cord-026144-buctm04o	176	6	countries	country	NNS
cord-026144-buctm04o	176	7	in	in	IN
cord-026144-buctm04o	176	8	the	the	DT
cord-026144-buctm04o	176	9	manner	manner	NN
cord-026144-buctm04o	176	10	in	in	IN
cord-026144-buctm04o	176	11	which	which	WDT
cord-026144-buctm04o	176	12	these	these	DT
cord-026144-buctm04o	176	13	costs	cost	NNS
cord-026144-buctm04o	176	14	evolve	evolve	VBP
cord-026144-buctm04o	176	15	over	over	IN
cord-026144-buctm04o	176	16	time	time	NN
cord-026144-buctm04o	176	17	.	.	.
cord-026144-buctm04o	177	1	We	-PRON-	PRP
cord-026144-buctm04o	177	2	also	also	RB
cord-026144-buctm04o	177	3	tested	test	VBD
cord-026144-buctm04o	177	4	for	for	IN
cord-026144-buctm04o	177	5	multicollinearity	multicollinearity	NN
cord-026144-buctm04o	177	6	among	among	IN
cord-026144-buctm04o	177	7	the	the	DT
cord-026144-buctm04o	177	8	independent	independent	JJ
cord-026144-buctm04o	177	9	variables	variable	NNS
cord-026144-buctm04o	177	10	,	,	,
cord-026144-buctm04o	177	11	GDP	GDP	NNP
cord-026144-buctm04o	177	12	growth	growth	NN
cord-026144-buctm04o	177	13	,	,	,
cord-026144-buctm04o	177	14	Inflation	inflation	NN
cord-026144-buctm04o	177	15	,	,	,
cord-026144-buctm04o	177	16	Stock	Stock	NNP
cord-026144-buctm04o	177	17	market	market	NN
cord-026144-buctm04o	177	18	capitalization	capitalization	NN
cord-026144-buctm04o	177	19	and	and	CC
cord-026144-buctm04o	177	20	Trade	Trade	NNP
cord-026144-buctm04o	177	21	intensity	intensity	NN
cord-026144-buctm04o	177	22	.	.	.
cord-026144-buctm04o	178	1	We	-PRON-	PRP
cord-026144-buctm04o	178	2	specified	specify	VBD
cord-026144-buctm04o	178	3	a	a	DT
cord-026144-buctm04o	178	4	panel	panel	NN
cord-026144-buctm04o	178	5	data	data	NN
cord-026144-buctm04o	178	6	regression	regression	NN
cord-026144-buctm04o	178	7	model	model	NN
cord-026144-buctm04o	178	8	(	(	-LRB-
cord-026144-buctm04o	178	9	i.e.	i.e.	FW
cord-026144-buctm04o	178	10	,	,	,
cord-026144-buctm04o	178	11	without	without	IN
cord-026144-buctm04o	178	12	time	time	NN
cord-026144-buctm04o	178	13	-	-	HYPH
cord-026144-buctm04o	178	14	varying	vary	VBG
cord-026144-buctm04o	178	15	parameters	parameter	NNS
cord-026144-buctm04o	178	16	)	)	-RRB-
cord-026144-buctm04o	178	17	and	and	CC
cord-026144-buctm04o	178	18	calculated	calculate	VBD
cord-026144-buctm04o	178	19	the	the	DT
cord-026144-buctm04o	178	20	Variance	variance	NN
cord-026144-buctm04o	178	21	Inflation	inflation	NN
cord-026144-buctm04o	178	22	Factors	factor	NNS
cord-026144-buctm04o	178	23	(	(	-LRB-
cord-026144-buctm04o	178	24	VIFs	VIFs	NNP
cord-026144-buctm04o	178	25	)	)	-RRB-
cord-026144-buctm04o	178	26	.	.	.
cord-026144-buctm04o	179	1	The	the	DT
cord-026144-buctm04o	179	2	VIFs	vif	NNS
cord-026144-buctm04o	179	3	we	-PRON-	PRP
cord-026144-buctm04o	179	4	get	get	VBP
cord-026144-buctm04o	179	5	for	for	IN
cord-026144-buctm04o	179	6	GDP	gdp	NN
cord-026144-buctm04o	179	7	growth	growth	NN
cord-026144-buctm04o	179	8	,	,	,
cord-026144-buctm04o	179	9	Inflation	inflation	NN
cord-026144-buctm04o	179	10	,	,	,
cord-026144-buctm04o	179	11	Stock	Stock	NNP
cord-026144-buctm04o	179	12	market	market	NN
cord-026144-buctm04o	179	13	capitalization	capitalization	NN
cord-026144-buctm04o	179	14	and	and	CC
cord-026144-buctm04o	179	15	Trade	Trade	NNP
cord-026144-buctm04o	179	16	intensity	intensity	NN
cord-026144-buctm04o	179	17	are	be	VBP
cord-026144-buctm04o	179	18	1.13	1.13	CD
cord-026144-buctm04o	179	19	,	,	,
cord-026144-buctm04o	179	20	1.15	1.15	CD
cord-026144-buctm04o	179	21	,	,	,
cord-026144-buctm04o	179	22	1.42	1.42	CD
cord-026144-buctm04o	179	23	and	and	CC
cord-026144-buctm04o	179	24	1.36	1.36	CD
cord-026144-buctm04o	179	25	respectively	respectively	RB
cord-026144-buctm04o	179	26	.	.	.
cord-026144-buctm04o	180	1	As	as	IN
cord-026144-buctm04o	180	2	the	the	DT
cord-026144-buctm04o	180	3	VIFs	vif	NNS
cord-026144-buctm04o	180	4	are	be	VBP
cord-026144-buctm04o	180	5	less	less	JJR
cord-026144-buctm04o	180	6	than	than	IN
cord-026144-buctm04o	180	7	10	10	CD
cord-026144-buctm04o	180	8	,	,	,
cord-026144-buctm04o	180	9	we	-PRON-	PRP
cord-026144-buctm04o	180	10	can	can	MD
cord-026144-buctm04o	180	11	conclude	conclude	VB
cord-026144-buctm04o	180	12	that	that	IN
cord-026144-buctm04o	180	13	multicollinearity	multicollinearity	NN
cord-026144-buctm04o	180	14	is	be	VBZ
cord-026144-buctm04o	180	15	not	not	RB
cord-026144-buctm04o	180	16	a	a	DT
cord-026144-buctm04o	180	17	concern	concern	NN
cord-026144-buctm04o	180	18	[	[	-LRB-
cord-026144-buctm04o	180	19	44	44	CD
cord-026144-buctm04o	180	20	]	]	-RRB-
cord-026144-buctm04o	180	21	.	.	.
cord-026144-buctm04o	181	1	In	in	IN
cord-026144-buctm04o	181	2	this	this	DT
cord-026144-buctm04o	181	3	section	section	NN
cord-026144-buctm04o	181	4	,	,	,
cord-026144-buctm04o	181	5	we	-PRON-	PRP
cord-026144-buctm04o	181	6	present	present	VBP
cord-026144-buctm04o	181	7	the	the	DT
cord-026144-buctm04o	181	8	main	main	JJ
cord-026144-buctm04o	181	9	results	result	NNS
cord-026144-buctm04o	181	10	based	base	VBN
cord-026144-buctm04o	181	11	on	on	IN
cord-026144-buctm04o	181	12	our	-PRON-	PRP$
cord-026144-buctm04o	181	13	DHLM	dhlm	NN
cord-026144-buctm04o	181	14	,	,	,
cord-026144-buctm04o	181	15	and	and	CC
cord-026144-buctm04o	181	16	subsequently	subsequently	RB
cord-026144-buctm04o	181	17	compare	compare	VB
cord-026144-buctm04o	181	18	our	-PRON-	PRP$
cord-026144-buctm04o	181	19	model	model	NN
cord-026144-buctm04o	181	20	to	to	IN
cord-026144-buctm04o	181	21	the	the	DT
cord-026144-buctm04o	181	22	benchmark	benchmark	JJ
cord-026144-buctm04o	181	23	HB	HB	NNP
cord-026144-buctm04o	181	24	model	model	NN
cord-026144-buctm04o	181	25	in	in	IN
cord-026144-buctm04o	181	26	which	which	WDT
cord-026144-buctm04o	181	27	the	the	DT
cord-026144-buctm04o	181	28	parameters	parameter	NNS
cord-026144-buctm04o	181	29	do	do	VBP
cord-026144-buctm04o	181	30	not	not	RB
cord-026144-buctm04o	181	31	vary	vary	VB
cord-026144-buctm04o	181	32	over	over	IN
cord-026144-buctm04o	181	33	time	time	NN
cord-026144-buctm04o	181	34	.	.	.
cord-026144-buctm04o	182	1	We	-PRON-	PRP
cord-026144-buctm04o	182	2	estimate	estimate	VBP
cord-026144-buctm04o	182	3	our	-PRON-	PRP$
cord-026144-buctm04o	182	4	model	model	NN
cord-026144-buctm04o	182	5	using	use	VBG
cord-026144-buctm04o	182	6	the	the	DT
cord-026144-buctm04o	182	7	Gibbs	Gibbs	NNP
cord-026144-buctm04o	182	8	sampler	sampler	NN
cord-026144-buctm04o	182	9	[	[	-LRB-
cord-026144-buctm04o	182	10	18	18	CD
cord-026144-buctm04o	182	11	]	]	-RRB-
cord-026144-buctm04o	182	12	.	.	.
cord-026144-buctm04o	183	1	We	-PRON-	PRP
cord-026144-buctm04o	183	2	use	use	VBP
cord-026144-buctm04o	183	3	200,000	200,000	CD
cord-026144-buctm04o	183	4	iterations	iteration	NNS
cord-026144-buctm04o	183	5	and	and	CC
cord-026144-buctm04o	183	6	use	use	VB
cord-026144-buctm04o	183	7	the	the	DT
cord-026144-buctm04o	183	8	last	last	JJ
cord-026144-buctm04o	183	9	20,000	20,000	CD
cord-026144-buctm04o	183	10	iterations	iteration	NNS
cord-026144-buctm04o	183	11	for	for	IN
cord-026144-buctm04o	183	12	computing	compute	VBG
cord-026144-buctm04o	183	13	the	the	DT
cord-026144-buctm04o	183	14	posterior	posterior	NN
cord-026144-buctm04o	183	15	,	,	,
cord-026144-buctm04o	183	16	while	while	IN
cord-026144-buctm04o	183	17	keeping	keep	VBG
cord-026144-buctm04o	183	18	every	every	DT
cord-026144-buctm04o	183	19	tenth	tenth	JJ
cord-026144-buctm04o	183	20	draw	draw	NN
cord-026144-buctm04o	183	21	.	.	.
cord-026144-buctm04o	184	1	We	-PRON-	PRP
cord-026144-buctm04o	184	2	verified	verify	VBD
cord-026144-buctm04o	184	3	the	the	DT
cord-026144-buctm04o	184	4	convergence	convergence	NN
cord-026144-buctm04o	184	5	of	of	IN
cord-026144-buctm04o	184	6	our	-PRON-	PRP$
cord-026144-buctm04o	184	7	Gibbs	Gibbs	NNP
cord-026144-buctm04o	184	8	sampler	sampler	NN
cord-026144-buctm04o	184	9	by	by	IN
cord-026144-buctm04o	184	10	using	use	VBG
cord-026144-buctm04o	184	11	standard	standard	JJ
cord-026144-buctm04o	184	12	diagnostics	diagnostic	NNS
cord-026144-buctm04o	184	13	:	:	:
cord-026144-buctm04o	185	1	(	(	-LRB-
cord-026144-buctm04o	185	2	1	1	LS
cord-026144-buctm04o	185	3	)	)	-RRB-
cord-026144-buctm04o	185	4	We	-PRON-	PRP
cord-026144-buctm04o	185	5	plotted	plot	VBD
cord-026144-buctm04o	185	6	the	the	DT
cord-026144-buctm04o	185	7	autocorrelation	autocorrelation	NN
cord-026144-buctm04o	185	8	plot	plot	NN
cord-026144-buctm04o	185	9	of	of	IN
cord-026144-buctm04o	185	10	the	the	DT
cord-026144-buctm04o	185	11	parameters	parameter	NNS
cord-026144-buctm04o	185	12	and	and	CC
cord-026144-buctm04o	185	13	see	see	VB
cord-026144-buctm04o	185	14	that	that	IN
cord-026144-buctm04o	185	15	the	the	DT
cord-026144-buctm04o	185	16	autocorrelation	autocorrelation	NN
cord-026144-buctm04o	185	17	goes	go	VBZ
cord-026144-buctm04o	185	18	to	to	IN
cord-026144-buctm04o	185	19	zero	zero	CD
cord-026144-buctm04o	185	20	[	[	-LRB-
cord-026144-buctm04o	185	21	40	40	CD
cord-026144-buctm04o	185	22	]	]	-RRB-
cord-026144-buctm04o	185	23	and	and	CC
cord-026144-buctm04o	185	24	(	(	-LRB-
cord-026144-buctm04o	185	25	2	2	LS
cord-026144-buctm04o	185	26	)	)	-RRB-
cord-026144-buctm04o	185	27	we	-PRON-	PRP
cord-026144-buctm04o	185	28	plot	plot	VBP
cord-026144-buctm04o	185	29	and	and	CC
cord-026144-buctm04o	185	30	inspect	inspect	VB
cord-026144-buctm04o	185	31	the	the	DT
cord-026144-buctm04o	185	32	posterior	posterior	JJ
cord-026144-buctm04o	185	33	draws	draw	NNS
cord-026144-buctm04o	185	34	of	of	IN
cord-026144-buctm04o	185	35	our	-PRON-	PRP$
cord-026144-buctm04o	185	36	model	model	NN
cord-026144-buctm04o	185	37	parameters	parameter	NNS
cord-026144-buctm04o	185	38	and	and	CC
cord-026144-buctm04o	185	39	find	find	VBP
cord-026144-buctm04o	185	40	that	that	IN
cord-026144-buctm04o	185	41	they	-PRON-	PRP
cord-026144-buctm04o	185	42	resemble	resemble	VBP
cord-026144-buctm04o	185	43	a	a	DT
cord-026144-buctm04o	185	44	"	"	``
cord-026144-buctm04o	185	45	fat	fat	JJ
cord-026144-buctm04o	185	46	,	,	,
cord-026144-buctm04o	185	47	hairy	hairy	JJ
cord-026144-buctm04o	185	48	caterpillar	caterpillar	NN
cord-026144-buctm04o	185	49	"	"	''
cord-026144-buctm04o	185	50	that	that	WDT
cord-026144-buctm04o	185	51	does	do	VBZ
cord-026144-buctm04o	185	52	not	not	RB
cord-026144-buctm04o	185	53	bend	bend	VB
cord-026144-buctm04o	185	54	[	[	-LRB-
cord-026144-buctm04o	185	55	29	29	CD
cord-026144-buctm04o	185	56	]	]	-RRB-
cord-026144-buctm04o	185	57	.	.	.
cord-026144-buctm04o	186	1	We	-PRON-	PRP
cord-026144-buctm04o	186	2	first	first	RB
cord-026144-buctm04o	186	3	present	present	VBP
cord-026144-buctm04o	186	4	the	the	DT
cord-026144-buctm04o	186	5	estimates	estimate	NNS
cord-026144-buctm04o	186	6	for	for	IN
cord-026144-buctm04o	186	7	the	the	DT
cord-026144-buctm04o	186	8	Pooling	Pooling	NNP
cord-026144-buctm04o	186	9	Equation	Equation	NNP
cord-026144-buctm04o	186	10	(	(	-LRB-
cord-026144-buctm04o	186	11	h	h	NN
cord-026144-buctm04o	186	12	2	2	CD
cord-026144-buctm04o	186	13	)	)	-RRB-
cord-026144-buctm04o	186	14	which	which	WDT
cord-026144-buctm04o	186	15	are	be	VBP
cord-026144-buctm04o	186	16	summarized	summarize	VBN
cord-026144-buctm04o	186	17	in	in	IN
cord-026144-buctm04o	186	18	Fig	Fig	NNP
cord-026144-buctm04o	186	19	.	.	.
cord-026144-buctm04o	187	1	2	2	LS
cord-026144-buctm04o	187	2	.	.	.
cord-026144-buctm04o	188	1	These	these	DT
cord-026144-buctm04o	188	2	estimates	estimate	NNS
cord-026144-buctm04o	188	3	represents	represent	VBZ
cord-026144-buctm04o	188	4	the	the	DT
cord-026144-buctm04o	188	5	"	"	``
cord-026144-buctm04o	188	6	average	average	JJ
cord-026144-buctm04o	188	7	"	"	''
cord-026144-buctm04o	188	8	effect	effect	NN
cord-026144-buctm04o	188	9	across	across	IN
cord-026144-buctm04o	188	10	countries	country	NNS
cord-026144-buctm04o	188	11	of	of	IN
cord-026144-buctm04o	188	12	the	the	DT
cord-026144-buctm04o	188	13	four	four	CD
cord-026144-buctm04o	188	14	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	188	15	variables	variable	NNS
cord-026144-buctm04o	188	16	,	,	,
cord-026144-buctm04o	188	17	GDP	GDP	NNP
cord-026144-buctm04o	188	18	growth	growth	NN
cord-026144-buctm04o	188	19	,	,	,
cord-026144-buctm04o	188	20	Inflation	inflation	NN
cord-026144-buctm04o	188	21	,	,	,
cord-026144-buctm04o	188	22	Stock	Stock	NNP
cord-026144-buctm04o	188	23	market	market	NN
cord-026144-buctm04o	188	24	capitalization	capitalization	NN
cord-026144-buctm04o	188	25	and	and	CC
cord-026144-buctm04o	188	26	the	the	DT
cord-026144-buctm04o	188	27	Trade	Trade	NNP
cord-026144-buctm04o	188	28	/	/	SYM
cord-026144-buctm04o	188	29	GDP	GDP	NNP
cord-026144-buctm04o	188	30	ratio	ratio	NN
cord-026144-buctm04o	188	31	.	.	.
cord-026144-buctm04o	189	1	In	in	IN
cord-026144-buctm04o	189	2	Fig	Fig	NNP
cord-026144-buctm04o	189	3	.	.	.
cord-026144-buctm04o	190	1	2	2	LS
cord-026144-buctm04o	190	2	,	,	,
cord-026144-buctm04o	190	3	each	each	DT
cord-026144-buctm04o	190	4	of	of	IN
cord-026144-buctm04o	190	5	the	the	DT
cord-026144-buctm04o	190	6	four	four	CD
cord-026144-buctm04o	190	7	panels	panel	NNS
cord-026144-buctm04o	190	8	depict	depict	VBP
cord-026144-buctm04o	190	9	the	the	DT
cord-026144-buctm04o	190	10	"	"	``
cord-026144-buctm04o	190	11	average	average	JJ
cord-026144-buctm04o	190	12	"	"	''
cord-026144-buctm04o	190	13	effect	effect	NN
cord-026144-buctm04o	190	14	,	,	,
cord-026144-buctm04o	190	15	over	over	IN
cord-026144-buctm04o	190	16	time	time	NN
cord-026144-buctm04o	190	17	,	,	,
cord-026144-buctm04o	190	18	of	of	IN
cord-026144-buctm04o	190	19	the	the	DT
cord-026144-buctm04o	190	20	macro	macro	JJ
cord-026144-buctm04o	190	21	-	-	HYPH
cord-026144-buctm04o	190	22	economic	economic	JJ
cord-026144-buctm04o	190	23	variables	variable	NNS
cord-026144-buctm04o	190	24	on	on	IN
cord-026144-buctm04o	190	25	the	the	DT
cord-026144-buctm04o	190	26	cost	cost	NN
cord-026144-buctm04o	190	27	of	of	IN
cord-026144-buctm04o	190	28	trade	trade	NN
cord-026144-buctm04o	190	29	finance	finance	NN
cord-026144-buctm04o	190	30	.	.	.
cord-026144-buctm04o	191	1	The	the	DT
cord-026144-buctm04o	191	2	dotted	dotted	JJ
cord-026144-buctm04o	191	3	lines	line	NNS
cord-026144-buctm04o	191	4	depict	depict	VBP
cord-026144-buctm04o	191	5	the	the	DT
cord-026144-buctm04o	191	6	95	95	CD
cord-026144-buctm04o	191	7	%	%	NN
cord-026144-buctm04o	191	8	confidence	confidence	NN
cord-026144-buctm04o	191	9	interval	interval	NN
cord-026144-buctm04o	191	10	(	(	-LRB-
cord-026144-buctm04o	191	11	CI	CI	NNP
cord-026144-buctm04o	191	12	)	)	-RRB-
cord-026144-buctm04o	191	13	.	.	.
cord-026144-buctm04o	192	1	We	-PRON-	PRP
cord-026144-buctm04o	192	2	discuss	discuss	VBP
cord-026144-buctm04o	192	3	these	these	DT
cord-026144-buctm04o	192	4	"	"	``
cord-026144-buctm04o	192	5	average	average	JJ
cord-026144-buctm04o	192	6	"	"	''
cord-026144-buctm04o	192	7	time	time	NN
cord-026144-buctm04o	192	8	-	-	HYPH
cord-026144-buctm04o	192	9	varying	vary	VBG
cord-026144-buctm04o	192	10	effects	effect	NNS
cord-026144-buctm04o	192	11	in	in	IN
cord-026144-buctm04o	192	12	the	the	DT
cord-026144-buctm04o	192	13	subsequent	subsequent	JJ
cord-026144-buctm04o	192	14	paragraphs	paragraph	NNS
cord-026144-buctm04o	192	15	.	.	.
cord-026144-buctm04o	193	1	We	-PRON-	PRP
cord-026144-buctm04o	193	2	see	see	VBP
cord-026144-buctm04o	193	3	that	that	IN
cord-026144-buctm04o	193	4	for	for	IN
cord-026144-buctm04o	193	5	all	all	DT
cord-026144-buctm04o	193	6	four	four	CD
cord-026144-buctm04o	193	7	macro	macro	JJ
cord-026144-buctm04o	193	8	-	-	HYPH
cord-026144-buctm04o	193	9	economic	economic	JJ
cord-026144-buctm04o	193	10	variables	variable	NNS
cord-026144-buctm04o	193	11	,	,	,
cord-026144-buctm04o	193	12	the	the	DT
cord-026144-buctm04o	193	13	effects	effect	NNS
cord-026144-buctm04o	193	14	vary	vary	VBP
cord-026144-buctm04o	193	15	over	over	IN
cord-026144-buctm04o	193	16	time	time	NN
cord-026144-buctm04o	193	17	.	.	.
cord-026144-buctm04o	194	1	In	in	IN
cord-026144-buctm04o	194	2	addition	addition	NN
cord-026144-buctm04o	194	3	,	,	,
cord-026144-buctm04o	194	4	a	a	DT
cord-026144-buctm04o	194	5	large	large	JJ
cord-026144-buctm04o	194	6	part	part	NN
cord-026144-buctm04o	194	7	of	of	IN
cord-026144-buctm04o	194	8	the	the	DT
cord-026144-buctm04o	194	9	variations	variation	NNS
cord-026144-buctm04o	194	10	occur	occur	VBP
cord-026144-buctm04o	194	11	between	between	IN
cord-026144-buctm04o	194	12	2007	2007	CD
cord-026144-buctm04o	194	13	to	to	IN
cord-026144-buctm04o	194	14	2009	2009	CD
cord-026144-buctm04o	194	15	,	,	,
cord-026144-buctm04o	194	16	the	the	DT
cord-026144-buctm04o	194	17	2	2	CD
cord-026144-buctm04o	194	18	year	year	NN
cord-026144-buctm04o	194	19	span	span	NN
cord-026144-buctm04o	194	20	during	during	IN
cord-026144-buctm04o	194	21	which	which	WDT
cord-026144-buctm04o	194	22	the	the	DT
cord-026144-buctm04o	194	23	financial	financial	JJ
cord-026144-buctm04o	194	24	crisis	crisis	NN
cord-026144-buctm04o	194	25	happened	happen	VBD
cord-026144-buctm04o	194	26	.	.	.
cord-026144-buctm04o	195	1	Our	-PRON-	PRP$
cord-026144-buctm04o	195	2	estimates	estimate	NNS
cord-026144-buctm04o	195	3	will	will	MD
cord-026144-buctm04o	195	4	interest	interest	VB
cord-026144-buctm04o	195	5	policy	policy	NN
cord-026144-buctm04o	195	6	makers	maker	NNS
cord-026144-buctm04o	195	7	as	as	IN
cord-026144-buctm04o	195	8	it	-PRON-	PRP
cord-026144-buctm04o	195	9	implies	imply	VBZ
cord-026144-buctm04o	195	10	that	that	IN
cord-026144-buctm04o	195	11	interventions	intervention	NNS
cord-026144-buctm04o	195	12	to	to	TO
cord-026144-buctm04o	195	13	alleviate	alleviate	VB
cord-026144-buctm04o	195	14	the	the	DT
cord-026144-buctm04o	195	15	impact	impact	NN
cord-026144-buctm04o	195	16	of	of	IN
cord-026144-buctm04o	195	17	the	the	DT
cord-026144-buctm04o	195	18	crisis	crisis	NN
cord-026144-buctm04o	195	19	should	should	MD
cord-026144-buctm04o	195	20	start	start	VB
cord-026144-buctm04o	195	21	before	before	IN
cord-026144-buctm04o	195	22	its	-PRON-	PRP$
cord-026144-buctm04o	195	23	onset	onset	NN
cord-026144-buctm04o	195	24	and	and	CC
cord-026144-buctm04o	195	25	should	should	MD
cord-026144-buctm04o	195	26	continue	continue	VB
cord-026144-buctm04o	195	27	for	for	IN
cord-026144-buctm04o	195	28	some	some	DT
cord-026144-buctm04o	195	29	time	time	NN
cord-026144-buctm04o	195	30	after	after	IN
cord-026144-buctm04o	195	31	it	-PRON-	PRP
cord-026144-buctm04o	195	32	has	have	VBZ
cord-026144-buctm04o	195	33	blown	blow	VBN
cord-026144-buctm04o	195	34	over	over	RP
cord-026144-buctm04o	195	35	.	.	.
cord-026144-buctm04o	196	1	We	-PRON-	PRP
cord-026144-buctm04o	196	2	find	find	VBP
cord-026144-buctm04o	196	3	that	that	IN
cord-026144-buctm04o	196	4	GDP	GDP	NNP
cord-026144-buctm04o	196	5	Growth	Growth	NNP
cord-026144-buctm04o	196	6	has	have	VBZ
cord-026144-buctm04o	196	7	a	a	DT
cord-026144-buctm04o	196	8	negative	negative	JJ
cord-026144-buctm04o	196	9	effect	effect	NN
cord-026144-buctm04o	196	10	on	on	IN
cord-026144-buctm04o	196	11	Trade	Trade	NNP
cord-026144-buctm04o	196	12	finance	finance	NN
cord-026144-buctm04o	196	13	costs	cost	NNS
cord-026144-buctm04o	196	14	and	and	CC
cord-026144-buctm04o	196	15	this	this	DT
cord-026144-buctm04o	196	16	effect	effect	NN
cord-026144-buctm04o	196	17	becomes	become	VBZ
cord-026144-buctm04o	196	18	more	more	RBR
cord-026144-buctm04o	196	19	negative	negative	JJ
cord-026144-buctm04o	196	20	over	over	IN
cord-026144-buctm04o	196	21	time	time	NN
cord-026144-buctm04o	196	22	,	,	,
cord-026144-buctm04o	196	23	especially	especially	RB
cord-026144-buctm04o	196	24	during	during	IN
cord-026144-buctm04o	196	25	the	the	DT
cord-026144-buctm04o	196	26	years	year	NNS
cord-026144-buctm04o	196	27	2006	2006	CD
cord-026144-buctm04o	196	28	to	to	IN
cord-026144-buctm04o	196	29	2009	2009	CD
cord-026144-buctm04o	196	30	.	.	.
cord-026144-buctm04o	197	1	Our	-PRON-	PRP$
cord-026144-buctm04o	197	2	result	result	NN
cord-026144-buctm04o	197	3	implies	imply	VBZ
cord-026144-buctm04o	197	4	that	that	IN
cord-026144-buctm04o	197	5	countries	country	NNS
cord-026144-buctm04o	197	6	with	with	IN
cord-026144-buctm04o	197	7	high	high	JJ
cord-026144-buctm04o	197	8	GDP	GDP	NNP
cord-026144-buctm04o	197	9	Growth	Growth	NNP
cord-026144-buctm04o	197	10	faced	face	VBD
cord-026144-buctm04o	197	11	monotonically	monotonically	RB
cord-026144-buctm04o	197	12	decreasing	decrease	VBG
cord-026144-buctm04o	197	13	cost	cost	NN
cord-026144-buctm04o	197	14	of	of	IN
cord-026144-buctm04o	197	15	trade	trade	NN
cord-026144-buctm04o	197	16	finance	finance	NN
cord-026144-buctm04o	197	17	in	in	IN
cord-026144-buctm04o	197	18	the	the	DT
cord-026144-buctm04o	197	19	years	year	NNS
cord-026144-buctm04o	197	20	before	before	RB
cord-026144-buctm04o	197	21	and	and	CC
cord-026144-buctm04o	197	22	during	during	IN
cord-026144-buctm04o	197	23	the	the	DT
cord-026144-buctm04o	197	24	financial	financial	JJ
cord-026144-buctm04o	197	25	crisis	crisis	NN
cord-026144-buctm04o	197	26	,	,	,
cord-026144-buctm04o	197	27	and	and	CC
cord-026144-buctm04o	197	28	can	can	MD
cord-026144-buctm04o	197	29	be	be	VB
cord-026144-buctm04o	197	30	explained	explain	VBN
cord-026144-buctm04o	197	31	by	by	IN
cord-026144-buctm04o	197	32	the	the	DT
cord-026144-buctm04o	197	33	"	"	``
cord-026144-buctm04o	197	34	flight	flight	NN
cord-026144-buctm04o	197	35	to	to	IN
cord-026144-buctm04o	197	36	quality	quality	NN
cord-026144-buctm04o	197	37	"	"	''
cord-026144-buctm04o	197	38	hypothesis	hypothesis	NN
cord-026144-buctm04o	197	39	advanced	advance	VBN
cord-026144-buctm04o	197	40	in	in	IN
cord-026144-buctm04o	197	41	the	the	DT
cord-026144-buctm04o	197	42	finance	finance	NN
cord-026144-buctm04o	197	43	literature	literature	NN
cord-026144-buctm04o	197	44	[	[	-LRB-
cord-026144-buctm04o	197	45	12	12	CD
cord-026144-buctm04o	197	46	]	]	-RRB-
cord-026144-buctm04o	197	47	.	.	.
cord-026144-buctm04o	198	1	Inflation	inflation	NN
cord-026144-buctm04o	198	2	has	have	VBZ
cord-026144-buctm04o	198	3	a	a	DT
cord-026144-buctm04o	198	4	positive	positive	JJ
cord-026144-buctm04o	198	5	effect	effect	NN
cord-026144-buctm04o	198	6	on	on	IN
cord-026144-buctm04o	198	7	the	the	DT
cord-026144-buctm04o	198	8	cost	cost	NN
cord-026144-buctm04o	198	9	of	of	IN
cord-026144-buctm04o	198	10	trade	trade	NN
cord-026144-buctm04o	198	11	finance	finance	NN
cord-026144-buctm04o	198	12	and	and	CC
cord-026144-buctm04o	198	13	this	this	DT
cord-026144-buctm04o	198	14	effect	effect	NN
cord-026144-buctm04o	198	15	become	become	VBP
cord-026144-buctm04o	198	16	more	more	RBR
cord-026144-buctm04o	198	17	positive	positive	JJ
cord-026144-buctm04o	198	18	over	over	IN
cord-026144-buctm04o	198	19	time	time	NN
cord-026144-buctm04o	198	20	,	,	,
cord-026144-buctm04o	198	21	especially	especially	RB
cord-026144-buctm04o	198	22	during	during	IN
cord-026144-buctm04o	198	23	2007	2007	CD
cord-026144-buctm04o	198	24	to	to	IN
cord-026144-buctm04o	198	25	2009	2009	CD
cord-026144-buctm04o	198	26	which	which	WDT
cord-026144-buctm04o	198	27	are	be	VBP
cord-026144-buctm04o	198	28	the	the	DT
cord-026144-buctm04o	198	29	year	year	NN
cord-026144-buctm04o	198	30	preceding	precede	VBG
cord-026144-buctm04o	198	31	the	the	DT
cord-026144-buctm04o	198	32	crisis	crisis	NN
cord-026144-buctm04o	198	33	and	and	CC
cord-026144-buctm04o	198	34	the	the	DT
cord-026144-buctm04o	198	35	year	year	NN
cord-026144-buctm04o	198	36	of	of	IN
cord-026144-buctm04o	198	37	the	the	DT
cord-026144-buctm04o	198	38	crisis	crisis	NN
cord-026144-buctm04o	198	39	.	.	.
cord-026144-buctm04o	199	1	Our	-PRON-	PRP$
cord-026144-buctm04o	199	2	result	result	NN
cord-026144-buctm04o	199	3	implies	imply	VBZ
cord-026144-buctm04o	199	4	that	that	IN
cord-026144-buctm04o	199	5	countries	country	NNS
cord-026144-buctm04o	199	6	with	with	IN
cord-026144-buctm04o	199	7	high	high	JJ
cord-026144-buctm04o	199	8	inflation	inflation	NN
cord-026144-buctm04o	199	9	faced	face	VBN
cord-026144-buctm04o	199	10	monotonically	monotonically	RB
cord-026144-buctm04o	199	11	increasing	increase	VBG
cord-026144-buctm04o	199	12	costs	cost	NNS
cord-026144-buctm04o	199	13	of	of	IN
cord-026144-buctm04o	199	14	trade	trade	NN
cord-026144-buctm04o	199	15	finance	finance	NN
cord-026144-buctm04o	199	16	from	from	IN
cord-026144-buctm04o	199	17	2007	2007	CD
cord-026144-buctm04o	199	18	to	to	IN
cord-026144-buctm04o	199	19	2009	2009	CD
cord-026144-buctm04o	199	20	and	and	CC
cord-026144-buctm04o	199	21	is	be	VBZ
cord-026144-buctm04o	199	22	also	also	RB
cord-026144-buctm04o	199	23	consistent	consistent	JJ
cord-026144-buctm04o	199	24	with	with	IN
cord-026144-buctm04o	199	25	the	the	DT
cord-026144-buctm04o	199	26	"	"	``
cord-026144-buctm04o	199	27	flight	flight	NN
cord-026144-buctm04o	199	28	to	to	IN
cord-026144-buctm04o	199	29	quality	quality	NN
cord-026144-buctm04o	199	30	"	"	''
cord-026144-buctm04o	199	31	theory	theory	NN
cord-026144-buctm04o	199	32	.	.	.
cord-026144-buctm04o	200	1	Stock	Stock	NNP
cord-026144-buctm04o	200	2	Market	Market	NNP
cord-026144-buctm04o	200	3	Capitalization	Capitalization	NNP
cord-026144-buctm04o	200	4	has	have	VBZ
cord-026144-buctm04o	200	5	a	a	DT
cord-026144-buctm04o	200	6	positive	positive	JJ
cord-026144-buctm04o	200	7	effect	effect	NN
cord-026144-buctm04o	200	8	on	on	IN
cord-026144-buctm04o	200	9	the	the	DT
cord-026144-buctm04o	200	10	cost	cost	NN
cord-026144-buctm04o	200	11	of	of	IN
cord-026144-buctm04o	200	12	trade	trade	NN
cord-026144-buctm04o	200	13	finance	finance	NN
cord-026144-buctm04o	200	14	.	.	.
cord-026144-buctm04o	201	1	This	this	DT
cord-026144-buctm04o	201	2	effect	effect	NN
cord-026144-buctm04o	201	3	seems	seem	VBZ
cord-026144-buctm04o	201	4	somewhat	somewhat	RB
cord-026144-buctm04o	201	5	counterintuitive	counterintuitive	JJ
cord-026144-buctm04o	201	6	as	as	IN
cord-026144-buctm04o	201	7	we	-PRON-	PRP
cord-026144-buctm04o	201	8	used	use	VBD
cord-026144-buctm04o	201	9	Stock	Stock	NNP
cord-026144-buctm04o	201	10	Market	Market	NNP
cord-026144-buctm04o	201	11	Capitalization	Capitalization	NNP
cord-026144-buctm04o	201	12	as	as	IN
cord-026144-buctm04o	201	13	a	a	DT
cord-026144-buctm04o	201	14	proxy	proxy	NN
cord-026144-buctm04o	201	15	for	for	IN
cord-026144-buctm04o	201	16	development	development	NN
cord-026144-buctm04o	201	17	of	of	IN
cord-026144-buctm04o	201	18	financial	financial	JJ
cord-026144-buctm04o	201	19	markets	market	NNS
cord-026144-buctm04o	201	20	and	and	CC
cord-026144-buctm04o	201	21	one	one	PRP
cord-026144-buctm04o	201	22	would	would	MD
cord-026144-buctm04o	201	23	expect	expect	VB
cord-026144-buctm04o	201	24	that	that	IN
cord-026144-buctm04o	201	25	during	during	IN
cord-026144-buctm04o	201	26	the	the	DT
cord-026144-buctm04o	201	27	financial	financial	JJ
cord-026144-buctm04o	201	28	crisis	crisis	NN
cord-026144-buctm04o	201	29	trade	trade	NN
cord-026144-buctm04o	201	30	finance	finance	NN
cord-026144-buctm04o	201	31	costs	cost	NNS
cord-026144-buctm04o	201	32	would	would	MD
cord-026144-buctm04o	201	33	decrease	decrease	VB
cord-026144-buctm04o	201	34	as	as	IN
cord-026144-buctm04o	201	35	financial	financial	JJ
cord-026144-buctm04o	201	36	markets	market	NNS
cord-026144-buctm04o	201	37	became	become	VBD
cord-026144-buctm04o	201	38	more	more	RBR
cord-026144-buctm04o	201	39	developed	developed	JJ
cord-026144-buctm04o	201	40	.	.	.
cord-026144-buctm04o	202	1	We	-PRON-	PRP
cord-026144-buctm04o	202	2	note	note	VBP
cord-026144-buctm04o	202	3	that	that	IN
cord-026144-buctm04o	202	4	the	the	DT
cord-026144-buctm04o	202	5	Trade	Trade	NNP
cord-026144-buctm04o	202	6	/	/	SYM
cord-026144-buctm04o	202	7	GDP	GDP	NNP
cord-026144-buctm04o	202	8	ratio	ratio	NN
cord-026144-buctm04o	202	9	has	have	VBZ
cord-026144-buctm04o	202	10	a	a	DT
cord-026144-buctm04o	202	11	positive	positive	JJ
cord-026144-buctm04o	202	12	effect	effect	NN
cord-026144-buctm04o	202	13	on	on	IN
cord-026144-buctm04o	202	14	the	the	DT
cord-026144-buctm04o	202	15	cost	cost	NN
cord-026144-buctm04o	202	16	of	of	IN
cord-026144-buctm04o	202	17	trade	trade	NN
cord-026144-buctm04o	202	18	finance	finance	NN
cord-026144-buctm04o	202	19	,	,	,
cord-026144-buctm04o	202	20	and	and	CC
cord-026144-buctm04o	202	21	this	this	DT
cord-026144-buctm04o	202	22	effect	effect	NN
cord-026144-buctm04o	202	23	becomes	become	VBZ
cord-026144-buctm04o	202	24	more	more	RBR
cord-026144-buctm04o	202	25	positive	positive	JJ
cord-026144-buctm04o	202	26	between	between	IN
cord-026144-buctm04o	202	27	the	the	DT
cord-026144-buctm04o	202	28	years	year	NNS
cord-026144-buctm04o	202	29	2007	2007	CD
cord-026144-buctm04o	202	30	to	to	IN
cord-026144-buctm04o	202	31	2009	2009	CD
cord-026144-buctm04o	202	32	,	,	,
cord-026144-buctm04o	202	33	similar	similar	JJ
cord-026144-buctm04o	202	34	to	to	IN
cord-026144-buctm04o	202	35	the	the	DT
cord-026144-buctm04o	202	36	pattern	pattern	NN
cord-026144-buctm04o	202	37	we	-PRON-	PRP
cord-026144-buctm04o	202	38	noticed	notice	VBD
cord-026144-buctm04o	202	39	for	for	IN
cord-026144-buctm04o	202	40	the	the	DT
cord-026144-buctm04o	202	41	effects	effect	NNS
cord-026144-buctm04o	202	42	of	of	IN
cord-026144-buctm04o	202	43	inflation	inflation	NN
cord-026144-buctm04o	202	44	.	.	.
cord-026144-buctm04o	203	1	Since	since	IN
cord-026144-buctm04o	203	2	this	this	DT
cord-026144-buctm04o	203	3	variable	variable	JJ
cord-026144-buctm04o	203	4	measures	measure	VBZ
cord-026144-buctm04o	203	5	the	the	DT
cord-026144-buctm04o	203	6	intensity	intensity	NN
cord-026144-buctm04o	203	7	of	of	IN
cord-026144-buctm04o	203	8	trade	trade	NN
cord-026144-buctm04o	203	9	of	of	IN
cord-026144-buctm04o	203	10	a	a	DT
cord-026144-buctm04o	203	11	country	country	NN
cord-026144-buctm04o	203	12	,	,	,
cord-026144-buctm04o	203	13	our	-PRON-	PRP$
cord-026144-buctm04o	203	14	results	result	NNS
cord-026144-buctm04o	203	15	indicate	indicate	VBP
cord-026144-buctm04o	203	16	that	that	IN
cord-026144-buctm04o	203	17	,	,	,
cord-026144-buctm04o	203	18	during	during	IN
cord-026144-buctm04o	203	19	the	the	DT
cord-026144-buctm04o	203	20	financial	financial	JJ
cord-026144-buctm04o	203	21	crisis	crisis	NN
cord-026144-buctm04o	203	22	,	,	,
cord-026144-buctm04o	203	23	a	a	DT
cord-026144-buctm04o	203	24	greater	great	JJR
cord-026144-buctm04o	203	25	reliance	reliance	NN
cord-026144-buctm04o	203	26	on	on	IN
cord-026144-buctm04o	203	27	trade	trade	NN
cord-026144-buctm04o	203	28	leads	lead	NNS
cord-026144-buctm04o	203	29	to	to	IN
cord-026144-buctm04o	203	30	higher	high	JJR
cord-026144-buctm04o	203	31	costs	cost	NNS
cord-026144-buctm04o	203	32	of	of	IN
cord-026144-buctm04o	203	33	trade	trade	NN
cord-026144-buctm04o	203	34	finance	finance	NN
cord-026144-buctm04o	203	35	.	.	.
cord-026144-buctm04o	204	1	This	this	DT
cord-026144-buctm04o	204	2	is	be	VBZ
cord-026144-buctm04o	204	3	expected	expect	VBN
cord-026144-buctm04o	204	4	since	since	IN
cord-026144-buctm04o	204	5	higher	high	JJR
cord-026144-buctm04o	204	6	reliance	reliance	NN
cord-026144-buctm04o	204	7	on	on	IN
cord-026144-buctm04o	204	8	trade	trade	NN
cord-026144-buctm04o	204	9	may	may	MD
cord-026144-buctm04o	204	10	make	make	VB
cord-026144-buctm04o	204	11	a	a	DT
cord-026144-buctm04o	204	12	country	country	NN
cord-026144-buctm04o	204	13	more	more	RBR
cord-026144-buctm04o	204	14	risky	risky	JJ
cord-026144-buctm04o	204	15	in	in	IN
cord-026144-buctm04o	204	16	a	a	DT
cord-026144-buctm04o	204	17	financial	financial	JJ
cord-026144-buctm04o	204	18	crisis	crisis	NN
cord-026144-buctm04o	204	19	.	.	.
cord-026144-buctm04o	205	1	Countries	country	NNS
cord-026144-buctm04o	205	2	with	with	IN
cord-026144-buctm04o	205	3	higher	high	JJR
cord-026144-buctm04o	205	4	trade	trade	NN
cord-026144-buctm04o	205	5	intensity	intensity	NN
cord-026144-buctm04o	205	6	are	be	VBP
cord-026144-buctm04o	205	7	also	also	RB
cord-026144-buctm04o	205	8	exposed	expose	VBN
cord-026144-buctm04o	205	9	to	to	IN
cord-026144-buctm04o	205	10	higher	high	JJR
cord-026144-buctm04o	205	11	counterparty	counterparty	NN
cord-026144-buctm04o	205	12	risks	risk	NNS
cord-026144-buctm04o	205	13	.	.	.
cord-026144-buctm04o	206	1	Our	-PRON-	PRP$
cord-026144-buctm04o	206	2	model	model	NN
cord-026144-buctm04o	206	3	can	can	MD
cord-026144-buctm04o	206	4	also	also	RB
cord-026144-buctm04o	206	5	estimate	estimate	VB
cord-026144-buctm04o	206	6	country	country	NN
cord-026144-buctm04o	206	7	-	-	HYPH
cord-026144-buctm04o	206	8	specific	specific	JJ
cord-026144-buctm04o	206	9	time	time	NN
cord-026144-buctm04o	206	10	-	-	HYPH
cord-026144-buctm04o	206	11	varying	vary	VBG
cord-026144-buctm04o	206	12	parameters	parameter	NNS
cord-026144-buctm04o	206	13	presented	present	VBN
cord-026144-buctm04o	206	14	in	in	IN
cord-026144-buctm04o	206	15	the	the	DT
cord-026144-buctm04o	206	16	Observation	Observation	NNP
cord-026144-buctm04o	206	17	Equation	Equation	NNP
cord-026144-buctm04o	206	18	(	(	-LRB-
cord-026144-buctm04o	206	19	h	h	NN
cord-026144-buctm04o	206	20	1	1	CD
cord-026144-buctm04o	206	21	)	)	-RRB-
cord-026144-buctm04o	206	22	.	.	.
cord-026144-buctm04o	207	1	These	these	DT
cord-026144-buctm04o	207	2	estimates	estimate	NNS
cord-026144-buctm04o	207	3	underscore	underscore	VBP
cord-026144-buctm04o	207	4	the	the	DT
cord-026144-buctm04o	207	5	advantage	advantage	NN
cord-026144-buctm04o	207	6	of	of	IN
cord-026144-buctm04o	207	7	using	use	VBG
cord-026144-buctm04o	207	8	a	a	DT
cord-026144-buctm04o	207	9	model	model	NN
cord-026144-buctm04o	207	10	such	such	JJ
cord-026144-buctm04o	207	11	as	as	IN
cord-026144-buctm04o	207	12	ours	our	NNS
cord-026144-buctm04o	207	13	,	,	,
cord-026144-buctm04o	207	14	since	since	IN
cord-026144-buctm04o	207	15	with	with	IN
cord-026144-buctm04o	207	16	only	only	RB
cord-026144-buctm04o	207	17	40	40	CD
cord-026144-buctm04o	207	18	observations	observation	NNS
cord-026144-buctm04o	207	19	of	of	IN
cord-026144-buctm04o	207	20	our	-PRON-	PRP$
cord-026144-buctm04o	207	21	dependent	dependent	JJ
cord-026144-buctm04o	207	22	variable	variable	NN
cord-026144-buctm04o	207	23	,	,	,
cord-026144-buctm04o	207	24	we	-PRON-	PRP
cord-026144-buctm04o	207	25	are	be	VBP
cord-026144-buctm04o	207	26	able	able	JJ
cord-026144-buctm04o	207	27	to	to	TO
cord-026144-buctm04o	207	28	estimate	estimate	VB
cord-026144-buctm04o	207	29	200	200	CD
cord-026144-buctm04o	207	30	estimates	estimate	NNS
cord-026144-buctm04o	207	31	which	which	WDT
cord-026144-buctm04o	207	32	are	be	VBP
cord-026144-buctm04o	207	33	country	country	NN
cord-026144-buctm04o	207	34	-	-	HYPH
cord-026144-buctm04o	207	35	specific	specific	JJ
cord-026144-buctm04o	207	36	and	and	CC
cord-026144-buctm04o	207	37	time	time	NN
cord-026144-buctm04o	207	38	-	-	HYPH
cord-026144-buctm04o	207	39	varying	varying	NN
cord-026144-buctm04o	207	40	.	.	.
cord-026144-buctm04o	208	1	7	7	CD
cord-026144-buctm04o	209	1	We	-PRON-	PRP
cord-026144-buctm04o	209	2	note	note	VBP
cord-026144-buctm04o	209	3	some	some	DT
cord-026144-buctm04o	209	4	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	209	5	in	in	IN
cord-026144-buctm04o	209	6	the	the	DT
cord-026144-buctm04o	209	7	country	country	NN
cord-026144-buctm04o	209	8	-	-	HYPH
cord-026144-buctm04o	209	9	specific	specific	JJ
cord-026144-buctm04o	209	10	trajectory	trajectory	NN
cord-026144-buctm04o	209	11	of	of	IN
cord-026144-buctm04o	209	12	the	the	DT
cord-026144-buctm04o	209	13	effects	effect	NNS
cord-026144-buctm04o	209	14	of	of	IN
cord-026144-buctm04o	209	15	Stock	Stock	NNP
cord-026144-buctm04o	209	16	Market	Market	NNP
cord-026144-buctm04o	209	17	Capitalization	Capitalization	NNP
cord-026144-buctm04o	209	18	and	and	CC
cord-026144-buctm04o	209	19	Trade	Trade	NNP
cord-026144-buctm04o	209	20	Intensity	Intensity	NNP
cord-026144-buctm04o	209	21	.	.	.
cord-026144-buctm04o	210	1	For	for	IN
cord-026144-buctm04o	210	2	example	example	NN
cord-026144-buctm04o	210	3	,	,	,
cord-026144-buctm04o	210	4	we	-PRON-	PRP
cord-026144-buctm04o	210	5	see	see	VBP
cord-026144-buctm04o	210	6	that	that	IN
cord-026144-buctm04o	210	7	for	for	IN
cord-026144-buctm04o	210	8	some	some	DT
cord-026144-buctm04o	210	9	countries	country	NNS
cord-026144-buctm04o	210	10	such	such	JJ
cord-026144-buctm04o	210	11	as	as	IN
cord-026144-buctm04o	210	12	Ghana	Ghana	NNP
cord-026144-buctm04o	210	13	,	,	,
cord-026144-buctm04o	210	14	Russia	Russia	NNP
cord-026144-buctm04o	210	15	and	and	CC
cord-026144-buctm04o	210	16	Greece	Greece	NNP
cord-026144-buctm04o	210	17	,	,	,
cord-026144-buctm04o	210	18	the	the	DT
cord-026144-buctm04o	210	19	effect	effect	NN
cord-026144-buctm04o	210	20	of	of	IN
cord-026144-buctm04o	210	21	trade	trade	NN
cord-026144-buctm04o	210	22	/	/	SYM
cord-026144-buctm04o	210	23	GDP	gdp	NN
cord-026144-buctm04o	210	24	ratio	ratio	NN
cord-026144-buctm04o	210	25	on	on	IN
cord-026144-buctm04o	210	26	the	the	DT
cord-026144-buctm04o	210	27	cost	cost	NN
cord-026144-buctm04o	210	28	of	of	IN
cord-026144-buctm04o	210	29	trade	trade	NN
cord-026144-buctm04o	210	30	finance	finance	NN
cord-026144-buctm04o	210	31	witnesses	witness	NNS
cord-026144-buctm04o	210	32	a	a	DT
cord-026144-buctm04o	210	33	steeper	steep	JJR
cord-026144-buctm04o	210	34	increase	increase	NN
cord-026144-buctm04o	210	35	compared	compare	VBN
cord-026144-buctm04o	210	36	to	to	IN
cord-026144-buctm04o	210	37	other	other	JJ
cord-026144-buctm04o	210	38	countries	country	NNS
cord-026144-buctm04o	210	39	such	such	JJ
cord-026144-buctm04o	210	40	as	as	IN
cord-026144-buctm04o	210	41	USA	USA	NNP
cord-026144-buctm04o	210	42	and	and	CC
cord-026144-buctm04o	210	43	Ukraine	Ukraine	NNP
cord-026144-buctm04o	210	44	in	in	IN
cord-026144-buctm04o	210	45	2008	2008	CD
cord-026144-buctm04o	210	46	to	to	IN
cord-026144-buctm04o	210	47	2009	2009	CD
cord-026144-buctm04o	210	48	,	,	,
cord-026144-buctm04o	210	49	the	the	DT
cord-026144-buctm04o	210	50	year	year	NN
cord-026144-buctm04o	210	51	of	of	IN
cord-026144-buctm04o	210	52	the	the	DT
cord-026144-buctm04o	210	53	crisis	crisis	NN
cord-026144-buctm04o	210	54	;	;	:
cord-026144-buctm04o	210	55	we	-PRON-	PRP
cord-026144-buctm04o	210	56	are	be	VBP
cord-026144-buctm04o	210	57	unable	unable	JJ
cord-026144-buctm04o	210	58	to	to	TO
cord-026144-buctm04o	210	59	present	present	VB
cord-026144-buctm04o	210	60	these	these	DT
cord-026144-buctm04o	210	61	results	result	NNS
cord-026144-buctm04o	210	62	due	due	JJ
cord-026144-buctm04o	210	63	to	to	IN
cord-026144-buctm04o	210	64	space	space	NN
cord-026144-buctm04o	210	65	constraints	constraint	NNS
cord-026144-buctm04o	210	66	.	.	.
cord-026144-buctm04o	211	1	However	however	RB
cord-026144-buctm04o	211	2	,	,	,
cord-026144-buctm04o	211	3	these	these	DT
cord-026144-buctm04o	211	4	findings	finding	NNS
cord-026144-buctm04o	211	5	offer	offer	VBP
cord-026144-buctm04o	211	6	directions	direction	NNS
cord-026144-buctm04o	211	7	for	for	IN
cord-026144-buctm04o	211	8	future	future	JJ
cord-026144-buctm04o	211	9	research	research	NN
cord-026144-buctm04o	211	10	.	.	.
cord-026144-buctm04o	212	1	To	to	TO
cord-026144-buctm04o	212	2	assess	assess	VB
cord-026144-buctm04o	212	3	model	model	NN
cord-026144-buctm04o	212	4	fit	fit	NN
cord-026144-buctm04o	212	5	,	,	,
cord-026144-buctm04o	212	6	we	-PRON-	PRP
cord-026144-buctm04o	212	7	compare	compare	VBP
cord-026144-buctm04o	212	8	the	the	DT
cord-026144-buctm04o	212	9	forecasting	forecasting	NN
cord-026144-buctm04o	212	10	accuracy	accuracy	NN
cord-026144-buctm04o	212	11	of	of	IN
cord-026144-buctm04o	212	12	our	-PRON-	PRP$
cord-026144-buctm04o	212	13	proposed	propose	VBN
cord-026144-buctm04o	212	14	model	model	NN
cord-026144-buctm04o	212	15	to	to	IN
cord-026144-buctm04o	212	16	the	the	DT
cord-026144-buctm04o	212	17	benchmark	benchmark	JJ
cord-026144-buctm04o	212	18	Hierarchical	Hierarchical	NNP
cord-026144-buctm04o	212	19	Bayesian	Bayesian	NNP
cord-026144-buctm04o	212	20	(	(	-LRB-
cord-026144-buctm04o	212	21	HB	HB	NNP
cord-026144-buctm04o	212	22	)	)	-RRB-
cord-026144-buctm04o	212	23	model	model	NN
cord-026144-buctm04o	212	24	which	which	WDT
cord-026144-buctm04o	212	25	has	have	VBZ
cord-026144-buctm04o	212	26	time	time	NN
cord-026144-buctm04o	212	27	-	-	HYPH
cord-026144-buctm04o	212	28	invariant	invariant	JJ
cord-026144-buctm04o	212	29	parameters	parameter	NNS
cord-026144-buctm04o	212	30	.	.	.
cord-026144-buctm04o	213	1	We	-PRON-	PRP
cord-026144-buctm04o	213	2	specify	specify	VBP
cord-026144-buctm04o	213	3	the	the	DT
cord-026144-buctm04o	213	4	HB	HB	NNP
cord-026144-buctm04o	213	5	model	model	NN
cord-026144-buctm04o	213	6	as	as	IN
cord-026144-buctm04o	213	7	follows	follow	VBZ
cord-026144-buctm04o	213	8	:	:	:
cord-026144-buctm04o	214	1	The	the	DT
cord-026144-buctm04o	214	2	above	above	JJ
cord-026144-buctm04o	214	3	specification	specification	NN
cord-026144-buctm04o	214	4	is	be	VBZ
cord-026144-buctm04o	214	5	similar	similar	JJ
cord-026144-buctm04o	214	6	to	to	IN
cord-026144-buctm04o	214	7	the	the	DT
cord-026144-buctm04o	214	8	DHLM	dhlm	NN
cord-026144-buctm04o	214	9	with	with	IN
cord-026144-buctm04o	214	10	the	the	DT
cord-026144-buctm04o	214	11	major	major	JJ
cord-026144-buctm04o	214	12	difference	difference	NN
cord-026144-buctm04o	214	13	being	be	VBG
cord-026144-buctm04o	214	14	that	that	IN
cord-026144-buctm04o	214	15	the	the	DT
cord-026144-buctm04o	214	16	parameters	parameter	NNS
cord-026144-buctm04o	214	17	now	now	RB
cord-026144-buctm04o	214	18	do	do	VBP
cord-026144-buctm04o	214	19	not	not	RB
cord-026144-buctm04o	214	20	vary	vary	VB
cord-026144-buctm04o	214	21	over	over	IN
cord-026144-buctm04o	214	22	time	time	NN
cord-026144-buctm04o	214	23	.	.	.
cord-026144-buctm04o	215	1	The	the	DT
cord-026144-buctm04o	215	2	dependent	dependent	JJ
cord-026144-buctm04o	215	3	variables	variable	NNS
cord-026144-buctm04o	215	4	(	(	-LRB-
cord-026144-buctm04o	215	5	Y	y	NN
cord-026144-buctm04o	215	6	)	)	-RRB-
cord-026144-buctm04o	215	7	and	and	CC
cord-026144-buctm04o	215	8	independent	independent	JJ
cord-026144-buctm04o	215	9	variables	variable	NNS
cord-026144-buctm04o	215	10	(	(	-LRB-
cord-026144-buctm04o	215	11	X	x	NN
cord-026144-buctm04o	215	12	1	1	CD
cord-026144-buctm04o	215	13	)	)	-RRB-
cord-026144-buctm04o	215	14	are	be	VBP
cord-026144-buctm04o	215	15	the	the	DT
cord-026144-buctm04o	215	16	same	same	JJ
cord-026144-buctm04o	215	17	as	as	IN
cord-026144-buctm04o	215	18	those	those	DT
cord-026144-buctm04o	215	19	in	in	IN
cord-026144-buctm04o	215	20	the	the	DT
cord-026144-buctm04o	215	21	proposed	propose	VBN
cord-026144-buctm04o	215	22	model	model	NN
cord-026144-buctm04o	215	23	,	,	,
cord-026144-buctm04o	215	24	while	while	IN
cord-026144-buctm04o	215	25	X	x	NN
cord-026144-buctm04o	215	26	2	2	CD
cord-026144-buctm04o	215	27	is	be	VBZ
cord-026144-buctm04o	215	28	a	a	DT
cord-026144-buctm04o	215	29	matrix	matrix	NN
cord-026144-buctm04o	215	30	that	that	WDT
cord-026144-buctm04o	215	31	adjusts	adjust	VBZ
cord-026144-buctm04o	215	32	the	the	DT
cord-026144-buctm04o	215	33	size	size	NN
cord-026144-buctm04o	215	34	of	of	IN
cord-026144-buctm04o	215	35	l	l	NN
cord-026144-buctm04o	215	36	1	1	CD
cord-026144-buctm04o	215	37	to	to	IN
cord-026144-buctm04o	215	38	that	that	DT
cord-026144-buctm04o	215	39	of	of	IN
cord-026144-buctm04o	215	40	l	l	NN
cord-026144-buctm04o	215	41	2	2	CD
cord-026144-buctm04o	215	42	.	.	.
cord-026144-buctm04o	216	1	We	-PRON-	PRP
cord-026144-buctm04o	216	2	compare	compare	VBP
cord-026144-buctm04o	216	3	the	the	DT
cord-026144-buctm04o	216	4	model	model	NN
cord-026144-buctm04o	216	5	fit	fit	VBN
cord-026144-buctm04o	216	6	by	by	IN
cord-026144-buctm04o	216	7	computing	compute	VBG
cord-026144-buctm04o	216	8	the	the	DT
cord-026144-buctm04o	216	9	out	out	JJ
cord-026144-buctm04o	216	10	-	-	HYPH
cord-026144-buctm04o	216	11	of	of	IN
cord-026144-buctm04o	216	12	-	-	HYPH
cord-026144-buctm04o	216	13	sample	sample	NN
cord-026144-buctm04o	216	14	one	one	CD
cord-026144-buctm04o	216	15	-	-	HYPH
cord-026144-buctm04o	216	16	step	step	NN
cord-026144-buctm04o	216	17	-	-	HYPH
cord-026144-buctm04o	216	18	ahead	ahead	RB
cord-026144-buctm04o	216	19	forecast	forecast	NN
cord-026144-buctm04o	216	20	of	of	IN
cord-026144-buctm04o	216	21	our	-PRON-	PRP$
cord-026144-buctm04o	216	22	proposed	propose	VBN
cord-026144-buctm04o	216	23	model	model	NN
cord-026144-buctm04o	216	24	and	and	CC
cord-026144-buctm04o	216	25	the	the	DT
cord-026144-buctm04o	216	26	benchmark	benchmark	JJ
cord-026144-buctm04o	216	27	model	model	NN
cord-026144-buctm04o	216	28	.	.	.
cord-026144-buctm04o	217	1	We	-PRON-	PRP
cord-026144-buctm04o	217	2	calculate	calculate	VBP
cord-026144-buctm04o	217	3	the	the	DT
cord-026144-buctm04o	217	4	mean	mean	JJ
cord-026144-buctm04o	217	5	absolute	absolute	JJ
cord-026144-buctm04o	217	6	percentage	percentage	NN
cord-026144-buctm04o	217	7	error	error	NN
cord-026144-buctm04o	217	8	(	(	-LRB-
cord-026144-buctm04o	217	9	MAPE	MAPE	NNP
cord-026144-buctm04o	217	10	)	)	-RRB-
cord-026144-buctm04o	217	11	,	,	,
cord-026144-buctm04o	217	12	which	which	WDT
cord-026144-buctm04o	217	13	is	be	VBZ
cord-026144-buctm04o	217	14	a	a	DT
cord-026144-buctm04o	217	15	standard	standard	JJ
cord-026144-buctm04o	217	16	fit	fit	JJ
cord-026144-buctm04o	217	17	statistic	statistic	NN
cord-026144-buctm04o	217	18	for	for	IN
cord-026144-buctm04o	217	19	model	model	NN
cord-026144-buctm04o	217	20	comparison	comparison	NN
cord-026144-buctm04o	217	21	[	[	-LRB-
cord-026144-buctm04o	217	22	17	17	CD
cord-026144-buctm04o	217	23	,	,	,
cord-026144-buctm04o	217	24	35	35	CD
cord-026144-buctm04o	217	25	]	]	-RRB-
cord-026144-buctm04o	217	26	.	.	.
cord-026144-buctm04o	218	1	We	-PRON-	PRP
cord-026144-buctm04o	218	2	find	find	VBP
cord-026144-buctm04o	218	3	that	that	IN
cord-026144-buctm04o	218	4	the	the	DT
cord-026144-buctm04o	218	5	MAPE	MAPE	NNP
cord-026144-buctm04o	218	6	of	of	IN
cord-026144-buctm04o	218	7	our	-PRON-	PRP$
cord-026144-buctm04o	218	8	proposed	propose	VBN
cord-026144-buctm04o	218	9	model	model	NN
cord-026144-buctm04o	218	10	is	be	VBZ
cord-026144-buctm04o	218	11	21.11	21.11	CD
cord-026144-buctm04o	218	12	,	,	,
cord-026144-buctm04o	218	13	while	while	IN
cord-026144-buctm04o	218	14	that	that	DT
cord-026144-buctm04o	218	15	of	of	IN
cord-026144-buctm04o	218	16	the	the	DT
cord-026144-buctm04o	218	17	benchmark	benchmark	JJ
cord-026144-buctm04o	218	18	HB	HB	NNP
cord-026144-buctm04o	218	19	model	model	NN
cord-026144-buctm04o	218	20	is	be	VBZ
cord-026144-buctm04o	218	21	42.68	42.68	CD
cord-026144-buctm04o	218	22	.	.	.
cord-026144-buctm04o	219	1	Thus	thus	RB
cord-026144-buctm04o	219	2	our	-PRON-	PRP$
cord-026144-buctm04o	219	3	proposed	propose	VBN
cord-026144-buctm04o	219	4	model	model	NN
cord-026144-buctm04o	219	5	forecasts	forecast	NNS
cord-026144-buctm04o	219	6	more	more	RBR
cord-026144-buctm04o	219	7	accurately	accurately	RB
cord-026144-buctm04o	219	8	than	than	IN
cord-026144-buctm04o	219	9	the	the	DT
cord-026144-buctm04o	219	10	benchmark	benchmark	JJ
cord-026144-buctm04o	219	11	HB	HB	NNP
cord-026144-buctm04o	219	12	model	model	NN
cord-026144-buctm04o	219	13	.	.	.
cord-026144-buctm04o	220	1	In	in	IN
cord-026144-buctm04o	220	2	this	this	DT
cord-026144-buctm04o	220	3	research	research	NN
cord-026144-buctm04o	220	4	,	,	,
cord-026144-buctm04o	220	5	we	-PRON-	PRP
cord-026144-buctm04o	220	6	attempt	attempt	VBP
cord-026144-buctm04o	220	7	to	to	TO
cord-026144-buctm04o	220	8	shed	shed	VB
cord-026144-buctm04o	220	9	light	light	NN
cord-026144-buctm04o	220	10	on	on	IN
cord-026144-buctm04o	220	11	the	the	DT
cord-026144-buctm04o	220	12	following	following	JJ
cord-026144-buctm04o	220	13	question	question	NN
cord-026144-buctm04o	220	14	:	:	:
cord-026144-buctm04o	220	15	How	how	WRB
cord-026144-buctm04o	220	16	can	can	MD
cord-026144-buctm04o	220	17	we	-PRON-	PRP
cord-026144-buctm04o	220	18	develop	develop	VB
cord-026144-buctm04o	220	19	a	a	DT
cord-026144-buctm04o	220	20	model	model	NN
cord-026144-buctm04o	220	21	that	that	WDT
cord-026144-buctm04o	220	22	would	would	MD
cord-026144-buctm04o	220	23	permit	permit	VB
cord-026144-buctm04o	220	24	us	-PRON-	PRP
cord-026144-buctm04o	220	25	to	to	TO
cord-026144-buctm04o	220	26	examine	examine	VB
cord-026144-buctm04o	220	27	variations	variation	NNS
cord-026144-buctm04o	220	28	in	in	IN
cord-026144-buctm04o	220	29	trade	trade	NN
cord-026144-buctm04o	220	30	finance	finance	NN
cord-026144-buctm04o	220	31	costs	cost	NNS
cord-026144-buctm04o	220	32	over	over	IN
cord-026144-buctm04o	220	33	time	time	NN
cord-026144-buctm04o	220	34	in	in	IN
cord-026144-buctm04o	220	35	dynamic	dynamic	JJ
cord-026144-buctm04o	220	36	environments	environment	NNS
cord-026144-buctm04o	220	37	(	(	-LRB-
cord-026144-buctm04o	220	38	such	such	JJ
cord-026144-buctm04o	220	39	as	as	IN
cord-026144-buctm04o	220	40	a	a	DT
cord-026144-buctm04o	220	41	financial	financial	JJ
cord-026144-buctm04o	220	42	crisis	crisis	NN
cord-026144-buctm04o	220	43	)	)	-RRB-
cord-026144-buctm04o	220	44	,	,	,
cord-026144-buctm04o	220	45	while	while	IN
cord-026144-buctm04o	220	46	also	also	RB
cord-026144-buctm04o	220	47	accounting	account	VBG
cord-026144-buctm04o	220	48	for	for	IN
cord-026144-buctm04o	220	49	possible	possible	JJ
cord-026144-buctm04o	220	50	variations	variation	NNS
cord-026144-buctm04o	220	51	across	across	IN
cord-026144-buctm04o	220	52	countries	country	NNS
cord-026144-buctm04o	220	53	?	?	.
cord-026144-buctm04o	221	1	We	-PRON-	PRP
cord-026144-buctm04o	221	2	addressed	address	VBD
cord-026144-buctm04o	221	3	this	this	DT
cord-026144-buctm04o	221	4	question	question	NN
cord-026144-buctm04o	221	5	by	by	IN
cord-026144-buctm04o	221	6	proposing	propose	VBG
cord-026144-buctm04o	221	7	a	a	DT
cord-026144-buctm04o	221	8	DHLM	dhlm	JJ
cord-026144-buctm04o	221	9	model	model	NN
cord-026144-buctm04o	221	10	that	that	WDT
cord-026144-buctm04o	221	11	can	can	MD
cord-026144-buctm04o	221	12	cope	cope	VB
cord-026144-buctm04o	221	13	with	with	IN
cord-026144-buctm04o	221	14	the	the	DT
cord-026144-buctm04o	221	15	three	three	CD
cord-026144-buctm04o	221	16	challenges	challenge	NNS
cord-026144-buctm04o	221	17	present	present	JJ
cord-026144-buctm04o	221	18	when	when	WRB
cord-026144-buctm04o	221	19	modeling	model	VBG
cord-026144-buctm04o	221	20	data	datum	NNS
cord-026144-buctm04o	221	21	from	from	IN
cord-026144-buctm04o	221	22	dynamic	dynamic	JJ
cord-026144-buctm04o	221	23	environments	environment	NNS
cord-026144-buctm04o	221	24	:	:	:
cord-026144-buctm04o	221	25	nonstationarity	nonstationarity	NN
cord-026144-buctm04o	221	26	,	,	,
cord-026144-buctm04o	221	27	changes	change	NNS
cord-026144-buctm04o	221	28	in	in	IN
cord-026144-buctm04o	221	29	parameters	parameter	NNS
cord-026144-buctm04o	221	30	over	over	IN
cord-026144-buctm04o	221	31	time	time	NN
cord-026144-buctm04o	221	32	and	and	CC
cord-026144-buctm04o	221	33	cross	cross	JJ
cord-026144-buctm04o	221	34	-	-	JJ
cord-026144-buctm04o	221	35	sectional	sectional	JJ
cord-026144-buctm04o	221	36	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	221	37	.	.	.
cord-026144-buctm04o	222	1	Our	-PRON-	PRP$
cord-026144-buctm04o	222	2	model	model	NN
cord-026144-buctm04o	222	3	estimates	estimate	NNS
cord-026144-buctm04o	222	4	detect	detect	VBP
cord-026144-buctm04o	222	5	variation	variation	NN
cord-026144-buctm04o	222	6	over	over	IN
cord-026144-buctm04o	222	7	time	time	NN
cord-026144-buctm04o	222	8	of	of	IN
cord-026144-buctm04o	222	9	the	the	DT
cord-026144-buctm04o	222	10	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	222	11	drivers	driver	NNS
cord-026144-buctm04o	222	12	o	o	NN
cord-026144-buctm04o	222	13	trade	trade	NN
cord-026144-buctm04o	222	14	finance	finance	NN
cord-026144-buctm04o	222	15	,	,	,
cord-026144-buctm04o	222	16	which	which	WDT
cord-026144-buctm04o	222	17	are	be	VBP
cord-026144-buctm04o	222	18	of	of	IN
cord-026144-buctm04o	222	19	interest	interest	NN
cord-026144-buctm04o	222	20	to	to	IN
cord-026144-buctm04o	222	21	policy	policy	NN
cord-026144-buctm04o	222	22	makers	maker	NNS
cord-026144-buctm04o	222	23	in	in	IN
cord-026144-buctm04o	222	24	deciding	decide	VBG
cord-026144-buctm04o	222	25	when	when	WRB
cord-026144-buctm04o	222	26	and	and	CC
cord-026144-buctm04o	222	27	for	for	IN
cord-026144-buctm04o	222	28	how	how	WRB
cord-026144-buctm04o	222	29	long	long	JJ
cord-026144-buctm04o	222	30	to	to	TO
cord-026144-buctm04o	222	31	schedule	schedule	VB
cord-026144-buctm04o	222	32	interventions	intervention	NNS
cord-026144-buctm04o	222	33	to	to	TO
cord-026144-buctm04o	222	34	alleviate	alleviate	VB
cord-026144-buctm04o	222	35	the	the	DT
cord-026144-buctm04o	222	36	impact	impact	NN
cord-026144-buctm04o	222	37	of	of	IN
cord-026144-buctm04o	222	38	a	a	DT
cord-026144-buctm04o	222	39	financial	financial	JJ
cord-026144-buctm04o	222	40	crisis	crisis	NN
cord-026144-buctm04o	222	41	.	.	.
cord-026144-buctm04o	223	1	Further	further	RB
cord-026144-buctm04o	223	2	,	,	,
cord-026144-buctm04o	223	3	the	the	DT
cord-026144-buctm04o	223	4	trajectory	trajectory	NN
cord-026144-buctm04o	223	5	of	of	IN
cord-026144-buctm04o	223	6	the	the	DT
cord-026144-buctm04o	223	7	time	time	NN
cord-026144-buctm04o	223	8	-	-	HYPH
cord-026144-buctm04o	223	9	varying	vary	VBG
cord-026144-buctm04o	223	10	effects	effect	NNS
cord-026144-buctm04o	223	11	of	of	IN
cord-026144-buctm04o	223	12	the	the	DT
cord-026144-buctm04o	223	13	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	223	14	indicators	indicator	NNS
cord-026144-buctm04o	223	15	are	be	VBP
cord-026144-buctm04o	223	16	in	in	IN
cord-026144-buctm04o	223	17	line	line	NN
cord-026144-buctm04o	223	18	with	with	IN
cord-026144-buctm04o	223	19	our	-PRON-	PRP$
cord-026144-buctm04o	223	20	expectations	expectation	NNS
cord-026144-buctm04o	223	21	.	.	.
cord-026144-buctm04o	224	1	We	-PRON-	PRP
cord-026144-buctm04o	224	2	also	also	RB
cord-026144-buctm04o	224	3	note	note	VBP
cord-026144-buctm04o	224	4	some	some	DT
cord-026144-buctm04o	224	5	degree	degree	NN
cord-026144-buctm04o	224	6	of	of	IN
cord-026144-buctm04o	224	7	countryspecific	countryspecific	NNP
cord-026144-buctm04o	224	8	heterogeneity	heterogeneity	NN
cord-026144-buctm04o	224	9	in	in	IN
cord-026144-buctm04o	224	10	the	the	DT
cord-026144-buctm04o	224	11	manner	manner	NN
cord-026144-buctm04o	224	12	in	in	IN
cord-026144-buctm04o	224	13	which	which	WDT
cord-026144-buctm04o	224	14	these	these	DT
cord-026144-buctm04o	224	15	drivers	driver	NNS
cord-026144-buctm04o	224	16	evolve	evolve	VBP
cord-026144-buctm04o	224	17	over	over	IN
cord-026144-buctm04o	224	18	time	time	NN
cord-026144-buctm04o	224	19	,	,	,
cord-026144-buctm04o	224	20	and	and	CC
cord-026144-buctm04o	224	21	a	a	DT
cord-026144-buctm04o	224	22	detailed	detailed	JJ
cord-026144-buctm04o	224	23	scrutiny	scrutiny	NN
cord-026144-buctm04o	224	24	of	of	IN
cord-026144-buctm04o	224	25	these	these	DT
cord-026144-buctm04o	224	26	findings	finding	NNS
cord-026144-buctm04o	224	27	may	may	MD
cord-026144-buctm04o	224	28	prove	prove	VB
cord-026144-buctm04o	224	29	fertile	fertile	JJ
cord-026144-buctm04o	224	30	ground	ground	NN
cord-026144-buctm04o	224	31	for	for	IN
cord-026144-buctm04o	224	32	future	future	JJ
cord-026144-buctm04o	224	33	research	research	NN
cord-026144-buctm04o	224	34	.	.	.
cord-026144-buctm04o	225	1	The	the	DT
cord-026144-buctm04o	225	2	DHLM	dhlm	NN
cord-026144-buctm04o	225	3	can	can	MD
cord-026144-buctm04o	225	4	be	be	VB
cord-026144-buctm04o	225	5	easily	easily	RB
cord-026144-buctm04o	225	6	scaled	scale	VBN
cord-026144-buctm04o	225	7	up	up	RP
cord-026144-buctm04o	225	8	thereby	thereby	RB
cord-026144-buctm04o	225	9	allowing	allow	VBG
cord-026144-buctm04o	225	10	us	-PRON-	PRP
cord-026144-buctm04o	225	11	to	to	TO
cord-026144-buctm04o	225	12	extend	extend	VB
cord-026144-buctm04o	225	13	our	-PRON-	PRP$
cord-026144-buctm04o	225	14	analysis	analysis	NN
cord-026144-buctm04o	225	15	.	.	.
cord-026144-buctm04o	226	1	First	first	RB
cord-026144-buctm04o	226	2	,	,	,
cord-026144-buctm04o	226	3	we	-PRON-	PRP
cord-026144-buctm04o	226	4	can	can	MD
cord-026144-buctm04o	226	5	add	add	VB
cord-026144-buctm04o	226	6	another	another	DT
cord-026144-buctm04o	226	7	level	level	NN
cord-026144-buctm04o	226	8	in	in	IN
cord-026144-buctm04o	226	9	the	the	DT
cord-026144-buctm04o	226	10	model	model	NN
cord-026144-buctm04o	226	11	hierarchy	hierarchy	NN
cord-026144-buctm04o	226	12	by	by	IN
cord-026144-buctm04o	226	13	specifying	specify	VBG
cord-026144-buctm04o	226	14	a	a	DT
cord-026144-buctm04o	226	15	second	second	JJ
cord-026144-buctm04o	226	16	pooling	pooling	NN
cord-026144-buctm04o	226	17	equation	equation	NN
cord-026144-buctm04o	226	18	.	.	.
cord-026144-buctm04o	227	1	This	this	DT
cord-026144-buctm04o	227	2	would	would	MD
cord-026144-buctm04o	227	3	permit	permit	VB
cord-026144-buctm04o	227	4	us	-PRON-	PRP
cord-026144-buctm04o	227	5	to	to	TO
cord-026144-buctm04o	227	6	study	study	VB
cord-026144-buctm04o	227	7	the	the	DT
cord-026144-buctm04o	227	8	problem	problem	NN
cord-026144-buctm04o	227	9	at	at	IN
cord-026144-buctm04o	227	10	the	the	DT
cord-026144-buctm04o	227	11	firm	firm	JJ
cord-026144-buctm04o	227	12	level	level	NN
cord-026144-buctm04o	227	13	since	since	IN
cord-026144-buctm04o	227	14	evidence	evidence	NN
cord-026144-buctm04o	227	15	suggests	suggest	VBZ
cord-026144-buctm04o	227	16	thatduring	thatdure	VBG
cord-026144-buctm04o	227	17	the	the	DT
cord-026144-buctm04o	227	18	crisis	crisis	NN
cord-026144-buctm04o	227	19	-firms	-firms	:
cord-026144-buctm04o	227	20	from	from	IN
cord-026144-buctm04o	227	21	developing	develop	VBG
cord-026144-buctm04o	227	22	countries	country	NNS
cord-026144-buctm04o	227	23	and	and	CC
cord-026144-buctm04o	227	24	financially	financially	RB
cord-026144-buctm04o	227	25	vulnerable	vulnerable	JJ
cord-026144-buctm04o	227	26	sectors	sector	NNS
cord-026144-buctm04o	227	27	faced	face	VBD
cord-026144-buctm04o	227	28	higher	high	JJR
cord-026144-buctm04o	227	29	trade	trade	NN
cord-026144-buctm04o	227	30	finance	finance	NN
cord-026144-buctm04o	227	31	costs	cost	NNS
cord-026144-buctm04o	227	32	[	[	-LRB-
cord-026144-buctm04o	227	33	13	13	CD
cord-026144-buctm04o	227	34	,	,	,
cord-026144-buctm04o	227	35	30	30	CD
cord-026144-buctm04o	227	36	]	]	-RRB-
cord-026144-buctm04o	227	37	,	,	,
cord-026144-buctm04o	227	38	and	and	CC
cord-026144-buctm04o	227	39	one	one	PRP
cord-026144-buctm04o	227	40	can	can	MD
cord-026144-buctm04o	227	41	use	use	VB
cord-026144-buctm04o	227	42	recent	recent	JJ
cord-026144-buctm04o	227	43	NLP	NLP	NNP
cord-026144-buctm04o	227	44	approaches	approach	NNS
cord-026144-buctm04o	227	45	[	[	-LRB-
cord-026144-buctm04o	227	46	37	37	CD
cord-026144-buctm04o	227	47	]	]	-RRB-
cord-026144-buctm04o	227	48	to	to	TO
cord-026144-buctm04o	227	49	gather	gather	VB
cord-026144-buctm04o	227	50	firm	firm	JJ
cord-026144-buctm04o	227	51	information	information	NN
cord-026144-buctm04o	227	52	across	across	IN
cord-026144-buctm04o	227	53	different	different	JJ
cord-026144-buctm04o	227	54	data	datum	NNS
cord-026144-buctm04o	227	55	sources	source	NNS
cord-026144-buctm04o	227	56	.	.	.
cord-026144-buctm04o	228	1	Second	second	RB
cord-026144-buctm04o	228	2	,	,	,
cord-026144-buctm04o	228	3	more	more	JJR
cord-026144-buctm04o	228	4	macroeconomic	macroeconomic	JJ
cord-026144-buctm04o	228	5	variables	variable	NNS
cord-026144-buctm04o	228	6	can	can	MD
cord-026144-buctm04o	228	7	be	be	VB
cord-026144-buctm04o	228	8	added	add	VBN
cord-026144-buctm04o	228	9	in	in	IN
cord-026144-buctm04o	228	10	the	the	DT
cord-026144-buctm04o	228	11	observation	observation	NN
cord-026144-buctm04o	228	12	equation	equation	NN
cord-026144-buctm04o	228	13	.	.	.
cord-026144-buctm04o	229	1	In	in	IN
cord-026144-buctm04o	229	2	addition	addition	NN
cord-026144-buctm04o	229	3	,	,	,
cord-026144-buctm04o	229	4	our	-PRON-	PRP$
cord-026144-buctm04o	229	5	model	model	NN
cord-026144-buctm04o	229	6	can	can	MD
cord-026144-buctm04o	229	7	be	be	VB
cord-026144-buctm04o	229	8	used	use	VBN
cord-026144-buctm04o	229	9	to	to	TO
cord-026144-buctm04o	229	10	study	study	VB
cord-026144-buctm04o	229	11	other	other	JJ
cord-026144-buctm04o	229	12	contexts	context	NNS
cord-026144-buctm04o	229	13	that	that	WDT
cord-026144-buctm04o	229	14	face	face	VBP
cord-026144-buctm04o	229	15	dynamic	dynamic	JJ
cord-026144-buctm04o	229	16	environments	environment	NNS
cord-026144-buctm04o	229	17	such	such	JJ
cord-026144-buctm04o	229	18	as	as	IN
cord-026144-buctm04o	229	19	financial	financial	JJ
cord-026144-buctm04o	229	20	services	service	NNS
cord-026144-buctm04o	229	21	costs	cost	NNS
cord-026144-buctm04o	229	22	and	and	CC
cord-026144-buctm04o	229	23	global	global	JJ
cord-026144-buctm04o	229	24	trade	trade	NN
cord-026144-buctm04o	229	25	.	.	.
cord-026144-buctm04o	230	1	The	the	DT
cord-026144-buctm04o	230	2	suitability	suitability	NN
cord-026144-buctm04o	230	3	of	of	IN
cord-026144-buctm04o	230	4	our	-PRON-	PRP$
cord-026144-buctm04o	230	5	model	model	NN
cord-026144-buctm04o	230	6	for	for	IN
cord-026144-buctm04o	230	7	dynamic	dynamic	JJ
cord-026144-buctm04o	230	8	environments	environment	NNS
cord-026144-buctm04o	230	9	also	also	RB
cord-026144-buctm04o	230	10	implies	imply	VBZ
cord-026144-buctm04o	230	11	that	that	IN
cord-026144-buctm04o	230	12	it	-PRON-	PRP
cord-026144-buctm04o	230	13	can	can	MD
cord-026144-buctm04o	230	14	also	also	RB
cord-026144-buctm04o	230	15	be	be	VB
cord-026144-buctm04o	230	16	used	use	VBN
cord-026144-buctm04o	230	17	to	to	TO
cord-026144-buctm04o	230	18	study	study	VB
cord-026144-buctm04o	230	19	the	the	DT
cord-026144-buctm04o	230	20	impact	impact	NN
cord-026144-buctm04o	230	21	of	of	IN
cord-026144-buctm04o	230	22	the	the	DT
cord-026144-buctm04o	230	23	recent	recent	JJ
cord-026144-buctm04o	230	24	coronavirus	coronavirus	NN
cord-026144-buctm04o	230	25	(	(	-LRB-
cord-026144-buctm04o	230	26	COVID-19	covid-19	VB
cord-026144-buctm04o	230	27	)	)	-RRB-
cord-026144-buctm04o	230	28	on	on	IN
cord-026144-buctm04o	230	29	financial	financial	JJ
cord-026144-buctm04o	230	30	activities	activity	NNS
cord-026144-buctm04o	230	31	,	,	,
cord-026144-buctm04o	230	32	since	since	IN
cord-026144-buctm04o	230	33	reports	report	NNS
cord-026144-buctm04o	230	34	from	from	IN
cord-026144-buctm04o	230	35	the	the	DT
cord-026144-buctm04o	230	36	European	European	NNP
cord-026144-buctm04o	230	37	Central	Central	NNP
cord-026144-buctm04o	230	38	Bank	Bank	NNP
cord-026144-buctm04o	230	39	have	have	VBP
cord-026144-buctm04o	230	40	suggested	suggest	VBN
cord-026144-buctm04o	230	41	that	that	IN
cord-026144-buctm04o	230	42	the	the	DT
cord-026144-buctm04o	230	43	virus	virus	NN
cord-026144-buctm04o	230	44	can	can	MD
cord-026144-buctm04o	230	45	lead	lead	VB
cord-026144-buctm04o	230	46	to	to	IN
cord-026144-buctm04o	230	47	economic	economic	JJ
cord-026144-buctm04o	230	48	uncertainty	uncertainty	NN
cord-026144-buctm04o	230	49	.	.	.
cord-026144-buctm04o	231	1	In	in	IN
cord-026144-buctm04o	231	2	many	many	JJ
cord-026144-buctm04o	231	3	ways	way	NNS
cord-026144-buctm04o	231	4	,	,	,
cord-026144-buctm04o	231	5	the	the	DT
cord-026144-buctm04o	231	6	way	way	NN
cord-026144-buctm04o	231	7	the	the	DT
cord-026144-buctm04o	231	8	virus	virus	NN
cord-026144-buctm04o	231	9	impacts	impact	VBZ
cord-026144-buctm04o	231	10	the	the	DT
cord-026144-buctm04o	231	11	economy	economy	NN
cord-026144-buctm04o	231	12	is	be	VBZ
cord-026144-buctm04o	231	13	similar	similar	JJ
cord-026144-buctm04o	231	14	to	to	IN
cord-026144-buctm04o	231	15	that	that	DT
cord-026144-buctm04o	231	16	of	of	IN
cord-026144-buctm04o	231	17	the	the	DT
cord-026144-buctm04o	231	18	financial	financial	JJ
cord-026144-buctm04o	231	19	crisis	crisis	NN
cord-026144-buctm04o	231	20	:	:	:
cord-026144-buctm04o	231	21	There	there	EX
cord-026144-buctm04o	231	22	is	be	VBZ
cord-026144-buctm04o	231	23	no	no	DT
cord-026144-buctm04o	231	24	fixed	fix	VBN
cord-026144-buctm04o	231	25	date	date	NN
cord-026144-buctm04o	231	26	on	on	IN
cord-026144-buctm04o	231	27	which	which	WDT
cord-026144-buctm04o	231	28	the	the	DT
cord-026144-buctm04o	231	29	interventions	intervention	NNS
cord-026144-buctm04o	231	30	starts	start	VBZ
cord-026144-buctm04o	231	31	and	and	CC
cord-026144-buctm04o	231	32	endsunlike	endsunlike	NN
cord-026144-buctm04o	231	33	,	,	,
cord-026144-buctm04o	231	34	for	for	IN
cord-026144-buctm04o	231	35	example	example	NN
cord-026144-buctm04o	231	36	,	,	,
cord-026144-buctm04o	231	37	the	the	DT
cord-026144-buctm04o	231	38	imposition	imposition	NN
cord-026144-buctm04o	231	39	of	of	IN
cord-026144-buctm04o	231	40	a	a	DT
cord-026144-buctm04o	231	41	new	new	JJ
cord-026144-buctm04o	231	42	state	state	NN
cord-026144-buctm04o	231	43	taxand	taxand	NN
cord-026144-buctm04o	231	44	its	-PRON-	PRP$
cord-026144-buctm04o	231	45	impact	impact	NN
cord-026144-buctm04o	231	46	may	may	MD
cord-026144-buctm04o	231	47	vary	vary	VB
cord-026144-buctm04o	231	48	over	over	IN
cord-026144-buctm04o	231	49	time	time	NN
cord-026144-buctm04o	231	50	as	as	IN
cord-026144-buctm04o	231	51	the	the	DT
cord-026144-buctm04o	231	52	virus	virus	NN
cord-026144-buctm04o	231	53	as	as	RB
cord-026144-buctm04o	231	54	well	well	RB
cord-026144-buctm04o	231	55	as	as	IN
cord-026144-buctm04o	231	56	people	people	NNS
cord-026144-buctm04o	231	57	's	's	POS
cord-026144-buctm04o	231	58	reaction	reaction	NN
cord-026144-buctm04o	231	59	to	to	IN
cord-026144-buctm04o	231	60	it	-PRON-	PRP
cord-026144-buctm04o	231	61	gains	gain	VBZ
cord-026144-buctm04o	231	62	in	in	IN
cord-026144-buctm04o	231	63	strength	strength	NN
cord-026144-buctm04o	231	64	and	and	CC
cord-026144-buctm04o	231	65	then	then	RB
cord-026144-buctm04o	231	66	wanes	wane	VBZ
cord-026144-buctm04o	231	67	and	and	CC
cord-026144-buctm04o	231	68	it	-PRON-	PRP
cord-026144-buctm04o	231	69	would	would	MD
cord-026144-buctm04o	231	70	be	be	VB
cord-026144-buctm04o	231	71	interesting	interesting	JJ
cord-026144-buctm04o	231	72	to	to	TO
cord-026144-buctm04o	231	73	model	model	VB
cord-026144-buctm04o	231	74	these	these	DT
cord-026144-buctm04o	231	75	time	time	NN
cord-026144-buctm04o	231	76	-	-	HYPH
cord-026144-buctm04o	231	77	varying	vary	VBG
cord-026144-buctm04o	231	78	effects	effect	NNS
cord-026144-buctm04o	231	79	to	to	TO
cord-026144-buctm04o	231	80	see	see	VB
cord-026144-buctm04o	231	81	how	how	WRB
cord-026144-buctm04o	231	82	they	-PRON-	PRP
cord-026144-buctm04o	231	83	evolve	evolve	VBP
cord-026144-buctm04o	231	84	over	over	IN
cord-026144-buctm04o	231	85	time	time	NN
cord-026144-buctm04o	231	86	.	.	.
cord-026144-buctm04o	232	1	Aggregate	aggregate	JJ
cord-026144-buctm04o	232	2	risk	risk	NN
cord-026144-buctm04o	232	3	and	and	CC
cord-026144-buctm04o	232	4	the	the	DT
cord-026144-buctm04o	232	5	choice	choice	NN
cord-026144-buctm04o	232	6	between	between	IN
cord-026144-buctm04o	232	7	cash	cash	NN
cord-026144-buctm04o	232	8	and	and	CC
cord-026144-buctm04o	232	9	lines	line	NNS
cord-026144-buctm04o	232	10	of	of	IN
cord-026144-buctm04o	232	11	credit	credit	NN
cord-026144-buctm04o	232	12	:	:	:
cord-026144-buctm04o	232	13	aggregate	aggregate	JJ
cord-026144-buctm04o	232	14	risk	risk	NN
cord-026144-buctm04o	232	15	and	and	CC
cord-026144-buctm04o	232	16	the	the	DT
cord-026144-buctm04o	232	17	choice	choice	NN
cord-026144-buctm04o	232	18	between	between	IN
cord-026144-buctm04o	232	19	cash	cash	NN
cord-026144-buctm04o	232	20	and	and	CC
cord-026144-buctm04o	232	21	lines	line	NNS
cord-026144-buctm04o	232	22	of	of	IN
cord-026144-buctm04o	232	23	credit	credit	NN
cord-026144-buctm04o	232	24	A	a	DT
cord-026144-buctm04o	232	25	theory	theory	NN
cord-026144-buctm04o	232	26	of	of	IN
cord-026144-buctm04o	232	27	domestic	domestic	JJ
cord-026144-buctm04o	232	28	and	and	CC
cord-026144-buctm04o	232	29	international	international	JJ
cord-026144-buctm04o	232	30	trade	trade	NN
cord-026144-buctm04o	232	31	finance	finance	NN
cord-026144-buctm04o	232	32	Liquidity	liquidity	NN
cord-026144-buctm04o	232	33	mergers	merger	NNS
cord-026144-buctm04o	232	34	Exports	export	NNS
cord-026144-buctm04o	232	35	and	and	CC
cord-026144-buctm04o	232	36	financial	financial	JJ
cord-026144-buctm04o	232	37	shocks	shock	NNS
cord-026144-buctm04o	233	1	The	the	DT
cord-026144-buctm04o	233	2	long	long	JJ
cord-026144-buctm04o	233	3	-	-	HYPH
cord-026144-buctm04o	233	4	term	term	NN
cord-026144-buctm04o	233	5	effect	effect	NN
cord-026144-buctm04o	233	6	of	of	IN
cord-026144-buctm04o	233	7	marketing	marketing	NN
cord-026144-buctm04o	233	8	strategy	strategy	NN
cord-026144-buctm04o	233	9	on	on	IN
cord-026144-buctm04o	233	10	brand	brand	NN
cord-026144-buctm04o	233	11	sales	sale	NNS
cord-026144-buctm04o	233	12	Building	Building	NNP
cord-026144-buctm04o	233	13	brands	brand	NNS
cord-026144-buctm04o	234	1	Boosting	boost	VBG
cord-026144-buctm04o	234	2	trade	trade	NN
cord-026144-buctm04o	234	3	finance	finance	NN
cord-026144-buctm04o	234	4	in	in	IN
cord-026144-buctm04o	234	5	developing	develop	VBG
cord-026144-buctm04o	234	6	countries	country	NNS
cord-026144-buctm04o	234	7	:	:	:
cord-026144-buctm04o	234	8	what	what	WDT
cord-026144-buctm04o	234	9	link	link	NN
cord-026144-buctm04o	234	10	with	with	IN
cord-026144-buctm04o	234	11	the	the	DT
cord-026144-buctm04o	234	12	WTO	WTO	NNP
cord-026144-buctm04o	234	13	?	?	.
cord-026144-buctm04o	235	1	Working	working	NN
cord-026144-buctm04o	235	2	paper	paper	NN
cord-026144-buctm04o	235	3	,	,	,
cord-026144-buctm04o	235	4	SSRN	SSRN	NNP
cord-026144-buctm04o	235	5	eLibrary	eLibrary	NNP
cord-026144-buctm04o	235	6	Response	Response	NNP
cord-026144-buctm04o	235	7	styles	style	NNS
cord-026144-buctm04o	235	8	in	in	IN
cord-026144-buctm04o	235	9	marketing	marketing	NN
cord-026144-buctm04o	235	10	research	research	NN
cord-026144-buctm04o	235	11	:	:	:
cord-026144-buctm04o	235	12	a	a	DT
cord-026144-buctm04o	235	13	crossnational	crossnational	JJ
cord-026144-buctm04o	235	14	investigation	investigation	NN
cord-026144-buctm04o	236	1	Do	do	VBP
cord-026144-buctm04o	236	2	depositors	depositor	NNS
cord-026144-buctm04o	236	3	discipline	discipline	VB
cord-026144-buctm04o	236	4	banks	bank	NNS
cord-026144-buctm04o	236	5	and	and	CC
cord-026144-buctm04o	236	6	did	do	VBD
cord-026144-buctm04o	236	7	government	government	NN
cord-026144-buctm04o	236	8	actions	action	NNS
cord-026144-buctm04o	236	9	during	during	IN
cord-026144-buctm04o	236	10	the	the	DT
cord-026144-buctm04o	236	11	recent	recent	JJ
cord-026144-buctm04o	236	12	crisis	crisis	NN
cord-026144-buctm04o	236	13	reduce	reduce	VB
cord-026144-buctm04o	236	14	this	this	DT
cord-026144-buctm04o	236	15	discipline	discipline	NN
cord-026144-buctm04o	236	16	?	?	.
cord-026144-buctm04o	237	1	An	an	DT
cord-026144-buctm04o	237	2	international	international	JJ
cord-026144-buctm04o	237	3	perspective	perspective	NN
cord-026144-buctm04o	237	4	Financial	financial	JJ
cord-026144-buctm04o	237	5	institutions	institution	NNS
cord-026144-buctm04o	237	6	and	and	CC
cord-026144-buctm04o	237	7	markets	market	NNS
cord-026144-buctm04o	237	8	across	across	IN
cord-026144-buctm04o	237	9	countries	country	NNS
cord-026144-buctm04o	237	10	and	and	CC
cord-026144-buctm04o	237	11	over	over	IN
cord-026144-buctm04o	237	12	time	time	NN
cord-026144-buctm04o	237	13	-	-	HYPH
cord-026144-buctm04o	237	14	data	datum	NNS
cord-026144-buctm04o	237	15	and	and	CC
cord-026144-buctm04o	237	16	analysis	analysis	NN
cord-026144-buctm04o	238	1	The	the	DT
cord-026144-buctm04o	238	2	emergence	emergence	NN
cord-026144-buctm04o	238	3	of	of	IN
cord-026144-buctm04o	238	4	market	market	NN
cord-026144-buctm04o	238	5	structure	structure	NN
cord-026144-buctm04o	238	6	in	in	IN
cord-026144-buctm04o	238	7	new	new	JJ
cord-026144-buctm04o	238	8	repeat	repeat	NN
cord-026144-buctm04o	238	9	-	-	HYPH
cord-026144-buctm04o	238	10	purchase	purchase	NN
cord-026144-buctm04o	238	11	categories	category	NNS
cord-026144-buctm04o	238	12	:	:	:
cord-026144-buctm04o	238	13	the	the	DT
cord-026144-buctm04o	238	14	interplay	interplay	NN
cord-026144-buctm04o	238	15	of	of	IN
cord-026144-buctm04o	238	16	market	market	NN
cord-026144-buctm04o	238	17	share	share	NN
cord-026144-buctm04o	238	18	and	and	CC
cord-026144-buctm04o	238	19	retailer	retailer	NN
cord-026144-buctm04o	238	20	distribution	distribution	NN
cord-026144-buctm04o	238	21	International	International	NNP
cord-026144-buctm04o	238	22	and	and	CC
cord-026144-buctm04o	238	23	domestic	domestic	JJ
cord-026144-buctm04o	238	24	collateral	collateral	JJ
cord-026144-buctm04o	238	25	constraints	constraint	NNS
cord-026144-buctm04o	238	26	in	in	IN
cord-026144-buctm04o	238	27	a	a	DT
cord-026144-buctm04o	238	28	model	model	NN
cord-026144-buctm04o	238	29	of	of	IN
cord-026144-buctm04o	238	30	emerging	emerge	VBG
cord-026144-buctm04o	238	31	market	market	NN
cord-026144-buctm04o	238	32	crises	crisis	NNS
cord-026144-buctm04o	238	33	Off	off	IN
cord-026144-buctm04o	238	34	the	the	DT
cord-026144-buctm04o	238	35	cliff	cliff	NN
cord-026144-buctm04o	238	36	and	and	CC
cord-026144-buctm04o	238	37	back	back	RB
cord-026144-buctm04o	238	38	?	?	.
cord-026144-buctm04o	239	1	Credit	credit	NN
cord-026144-buctm04o	239	2	conditions	condition	NNS
cord-026144-buctm04o	239	3	and	and	CC
cord-026144-buctm04o	239	4	international	international	JJ
cord-026144-buctm04o	239	5	trade	trade	NN
cord-026144-buctm04o	239	6	during	during	IN
cord-026144-buctm04o	239	7	the	the	DT
cord-026144-buctm04o	239	8	global	global	JJ
cord-026144-buctm04o	239	9	financial	financial	JJ
cord-026144-buctm04o	239	10	crisis	crisis	NN
cord-026144-buctm04o	239	11	Using	use	VBG
cord-026144-buctm04o	239	12	market	market	NN
cord-026144-buctm04o	239	13	-	-	HYPH
cord-026144-buctm04o	239	14	level	level	NN
cord-026144-buctm04o	239	15	data	datum	NNS
cord-026144-buctm04o	239	16	to	to	TO
cord-026144-buctm04o	239	17	understand	understand	VB
cord-026144-buctm04o	239	18	promotion	promotion	NN
cord-026144-buctm04o	239	19	effects	effect	NNS
cord-026144-buctm04o	239	20	in	in	IN
cord-026144-buctm04o	239	21	a	a	DT
cord-026144-buctm04o	239	22	nonlinear	nonlinear	JJ
cord-026144-buctm04o	239	23	model	model	NN
cord-026144-buctm04o	240	1	Improving	improve	VBG
cord-026144-buctm04o	240	2	consumer	consumer	NN
cord-026144-buctm04o	240	3	mindset	mindset	NN
cord-026144-buctm04o	240	4	metrics	metric	NNS
cord-026144-buctm04o	240	5	and	and	CC
cord-026144-buctm04o	240	6	shareholder	shareholder	NN
cord-026144-buctm04o	240	7	value	value	NN
cord-026144-buctm04o	240	8	through	through	IN
cord-026144-buctm04o	240	9	social	social	JJ
cord-026144-buctm04o	240	10	media	medium	NNS
cord-026144-buctm04o	240	11	:	:	:
cord-026144-buctm04o	240	12	the	the	DT
cord-026144-buctm04o	240	13	different	different	JJ
cord-026144-buctm04o	240	14	roles	role	NNS
cord-026144-buctm04o	240	15	of	of	IN
cord-026144-buctm04o	240	16	owned	own	VBN
cord-026144-buctm04o	240	17	and	and	CC
cord-026144-buctm04o	240	18	earned	earn	VBD
cord-026144-buctm04o	240	19	media	medium	NNS
cord-026144-buctm04o	240	20	Debtor	debtor	NN
cord-026144-buctm04o	240	21	-	-	HYPH
cord-026144-buctm04o	240	22	in	in	IN
cord-026144-buctm04o	240	23	-	-	HYPH
cord-026144-buctm04o	240	24	possession	possession	NN
cord-026144-buctm04o	240	25	financing	financing	NN
cord-026144-buctm04o	240	26	and	and	CC
cord-026144-buctm04o	240	27	bankruptcy	bankruptcy	NN
cord-026144-buctm04o	240	28	resolution	resolution	NN
cord-026144-buctm04o	240	29	:	:	:
cord-026144-buctm04o	240	30	empirical	empirical	JJ
cord-026144-buctm04o	240	31	evidence	evidence	NN
cord-026144-buctm04o	240	32	The	the	DT
cord-026144-buctm04o	240	33	persistence	persistence	NN
cord-026144-buctm04o	240	34	of	of	IN
cord-026144-buctm04o	240	35	marketing	marketing	NN
cord-026144-buctm04o	240	36	effects	effect	NNS
cord-026144-buctm04o	240	37	on	on	IN
cord-026144-buctm04o	240	38	sales	sale	NNS
cord-026144-buctm04o	240	39	Sample	sample	NN
cord-026144-buctm04o	240	40	-	-	HYPH
cord-026144-buctm04o	240	41	based	base	VBN
cord-026144-buctm04o	240	42	approaches	approach	NNS
cord-026144-buctm04o	240	43	to	to	IN
cord-026144-buctm04o	240	44	calculating	calculate	VBG
cord-026144-buctm04o	240	45	marginal	marginal	JJ
cord-026144-buctm04o	240	46	densities	density	NNS
cord-026144-buctm04o	240	47	Investigating	investigate	VBG
cord-026144-buctm04o	240	48	the	the	DT
cord-026144-buctm04o	240	49	relationship	relationship	NN
cord-026144-buctm04o	240	50	between	between	IN
cord-026144-buctm04o	240	51	the	the	DT
cord-026144-buctm04o	240	52	content	content	NN
cord-026144-buctm04o	240	53	of	of	IN
cord-026144-buctm04o	240	54	online	online	JJ
cord-026144-buctm04o	240	55	word	word	NN
cord-026144-buctm04o	240	56	of	of	IN
cord-026144-buctm04o	240	57	mouth	mouth	NN
cord-026144-buctm04o	240	58	,	,	,
cord-026144-buctm04o	240	59	advertising	advertising	NN
cord-026144-buctm04o	240	60	,	,	,
cord-026144-buctm04o	240	61	and	and	CC
cord-026144-buctm04o	240	62	brand	brand	NN
cord-026144-buctm04o	240	63	performance	performance	NN
cord-026144-buctm04o	240	64	Econometric	Econometric	NNP
cord-026144-buctm04o	240	65	Analysis	Analysis	NNP
cord-026144-buctm04o	240	66	Decomposing	decompose	VBG
cord-026144-buctm04o	240	67	the	the	DT
cord-026144-buctm04o	240	68	great	great	JJ
cord-026144-buctm04o	240	69	trade	trade	NN
cord-026144-buctm04o	240	70	collapse	collapse	NN
cord-026144-buctm04o	240	71	:	:	:
cord-026144-buctm04o	240	72	products	product	NNS
cord-026144-buctm04o	240	73	,	,	,
cord-026144-buctm04o	240	74	prices	price	NNS
cord-026144-buctm04o	240	75	,	,	,
cord-026144-buctm04o	240	76	and	and	CC
cord-026144-buctm04o	240	77	quantities	quantity	NNS
cord-026144-buctm04o	240	78	in	in	IN
cord-026144-buctm04o	240	79	the	the	DT
cord-026144-buctm04o	240	80	2008	2008	CD
cord-026144-buctm04o	240	81	-	-	SYM
cord-026144-buctm04o	240	82	2009	2009	CD
cord-026144-buctm04o	240	83	crisis	crisis	NN
cord-026144-buctm04o	240	84	Time	Time	NNP
cord-026144-buctm04o	240	85	Series	Series	NNP
cord-026144-buctm04o	240	86	Analysis	Analysis	NNP
cord-026144-buctm04o	240	87	Foreign	Foreign	NNP
cord-026144-buctm04o	240	88	banks	bank	NNS
cord-026144-buctm04o	240	89	in	in	IN
cord-026144-buctm04o	240	90	syndicated	syndicate	VBN
cord-026144-buctm04o	240	91	loan	loan	NN
cord-026144-buctm04o	240	92	markets	market	NNS
cord-026144-buctm04o	240	93	Combining	combine	VBG
cord-026144-buctm04o	240	94	time	time	NN
cord-026144-buctm04o	240	95	series	series	NN
cord-026144-buctm04o	240	96	and	and	CC
cord-026144-buctm04o	240	97	cross	cross	JJ
cord-026144-buctm04o	240	98	sectional	sectional	JJ
cord-026144-buctm04o	240	99	data	datum	NNS
cord-026144-buctm04o	240	100	for	for	IN
cord-026144-buctm04o	240	101	the	the	DT
cord-026144-buctm04o	240	102	analysis	analysis	NN
cord-026144-buctm04o	240	103	of	of	IN
cord-026144-buctm04o	240	104	dynamic	dynamic	JJ
cord-026144-buctm04o	240	105	marketing	marketing	NN
cord-026144-buctm04o	240	106	systems	system	NNS
cord-026144-buctm04o	240	107	.	.	.
cord-026144-buctm04o	241	1	Working	work	VBG
cord-026144-buctm04o	241	2	paper	paper	NN
cord-026144-buctm04o	241	3	Product	product	NN
cord-026144-buctm04o	241	4	line	line	NN
cord-026144-buctm04o	241	5	extensions	extension	NNS
cord-026144-buctm04o	241	6	and	and	CC
cord-026144-buctm04o	241	7	competitive	competitive	JJ
cord-026144-buctm04o	241	8	market	market	NN
cord-026144-buctm04o	241	9	interactions	interaction	NNS
cord-026144-buctm04o	241	10	:	:	:
cord-026144-buctm04o	241	11	an	an	DT
cord-026144-buctm04o	241	12	empirical	empirical	JJ
cord-026144-buctm04o	241	13	analysis	analysis	NN
cord-026144-buctm04o	241	14	Dynamic	dynamic	JJ
cord-026144-buctm04o	241	15	hierarchical	hierarchical	JJ
cord-026144-buctm04o	241	16	models	model	NNS
cord-026144-buctm04o	241	17	:	:	:
cord-026144-buctm04o	241	18	an	an	DT
cord-026144-buctm04o	241	19	extension	extension	NN
cord-026144-buctm04o	241	20	to	to	IN
cord-026144-buctm04o	241	21	matrix	matrix	NN
cord-026144-buctm04o	241	22	-	-	HYPH
cord-026144-buctm04o	241	23	variate	variate	NN
cord-026144-buctm04o	241	24	observations	observation	NNS
cord-026144-buctm04o	242	1	The	the	DT
cord-026144-buctm04o	242	2	collapse	collapse	NN
cord-026144-buctm04o	242	3	of	of	IN
cord-026144-buctm04o	242	4	international	international	JJ
cord-026144-buctm04o	242	5	trade	trade	NN
cord-026144-buctm04o	242	6	during	during	IN
cord-026144-buctm04o	242	7	the	the	DT
cord-026144-buctm04o	242	8	2008	2008	CD
cord-026144-buctm04o	242	9	-	-	SYM
cord-026144-buctm04o	242	10	09	09	CD
cord-026144-buctm04o	242	11	crisis	crisis	NN
cord-026144-buctm04o	242	12	.	.	.
cord-026144-buctm04o	243	1	In	in	IN
cord-026144-buctm04o	243	2	search	search	NN
cord-026144-buctm04o	243	3	of	of	IN
cord-026144-buctm04o	243	4	the	the	DT
cord-026144-buctm04o	243	5	smoking	smoking	NN
cord-026144-buctm04o	243	6	gun	gun	NN
cord-026144-buctm04o	243	7	Financial	financial	JJ
cord-026144-buctm04o	243	8	intermediation	intermediation	NN
cord-026144-buctm04o	243	9	and	and	CC
cord-026144-buctm04o	243	10	growth	growth	NN
cord-026144-buctm04o	243	11	:	:	:
cord-026144-buctm04o	243	12	Causality	causality	NN
cord-026144-buctm04o	243	13	and	and	CC
cord-026144-buctm04o	243	14	causes	cause	VBZ
cord-026144-buctm04o	243	15	The	the	DT
cord-026144-buctm04o	243	16	BUGS	bug	NNS
cord-026144-buctm04o	244	1	Book	book	NN
cord-026144-buctm04o	244	2	:	:	:
cord-026144-buctm04o	245	1	A	a	DT
cord-026144-buctm04o	245	2	Practical	practical	JJ
cord-026144-buctm04o	245	3	Introduction	introduction	NN
cord-026144-buctm04o	245	4	to	to	IN
cord-026144-buctm04o	245	5	Bayesian	Bayesian	NNP
cord-026144-buctm04o	245	6	Analysis	Analysis	NNP
cord-026144-buctm04o	245	7	Trade	Trade	NNP
cord-026144-buctm04o	245	8	and	and	CC
cord-026144-buctm04o	245	9	trade	trade	NN
cord-026144-buctm04o	245	10	finance	finance	NN
cord-026144-buctm04o	245	11	developments	development	NNS
cord-026144-buctm04o	245	12	in	in	IN
cord-026144-buctm04o	245	13	14	14	CD
cord-026144-buctm04o	245	14	developing	develop	VBG
cord-026144-buctm04o	245	15	countries	country	NNS
cord-026144-buctm04o	245	16	post	post	VBP
cord-026144-buctm04o	245	17	Creating	create	VBG
cord-026144-buctm04o	245	18	micro	micro	JJ
cord-026144-buctm04o	245	19	-	-	JJ
cord-026144-buctm04o	245	20	marketing	marketing	JJ
cord-026144-buctm04o	245	21	pricing	pricing	NN
cord-026144-buctm04o	245	22	strategies	strategy	NNS
cord-026144-buctm04o	245	23	using	use	VBG
cord-026144-buctm04o	245	24	supermarket	supermarket	NN
cord-026144-buctm04o	245	25	scanner	scanner	NN
cord-026144-buctm04o	245	26	data	data	NNP
cord-026144-buctm04o	246	1	The	the	DT
cord-026144-buctm04o	246	2	long	long	JJ
cord-026144-buctm04o	246	3	-	-	HYPH
cord-026144-buctm04o	246	4	term	term	NN
cord-026144-buctm04o	246	5	impact	impact	NN
cord-026144-buctm04o	246	6	of	of	IN
cord-026144-buctm04o	246	7	promotion	promotion	NN
cord-026144-buctm04o	246	8	and	and	CC
cord-026144-buctm04o	246	9	advertising	advertising	NN
cord-026144-buctm04o	246	10	on	on	IN
cord-026144-buctm04o	246	11	consumer	consumer	NN
cord-026144-buctm04o	246	12	brand	brand	NN
cord-026144-buctm04o	246	13	choice	choice	NN
cord-026144-buctm04o	246	14	Price	price	NN
cord-026144-buctm04o	246	15	elasticity	elasticity	NN
cord-026144-buctm04o	246	16	variations	variation	NNS
cord-026144-buctm04o	246	17	across	across	IN
cord-026144-buctm04o	246	18	locations	location	NNS
cord-026144-buctm04o	246	19	,	,	,
cord-026144-buctm04o	246	20	time	time	NN
cord-026144-buctm04o	246	21	and	and	CC
cord-026144-buctm04o	246	22	customer	customer	NN
cord-026144-buctm04o	246	23	segments	segment	NNS
cord-026144-buctm04o	246	24	:	:	:
cord-026144-buctm04o	246	25	an	an	DT
cord-026144-buctm04o	246	26	application	application	NN
cord-026144-buctm04o	246	27	to	to	IN
cord-026144-buctm04o	246	28	the	the	DT
cord-026144-buctm04o	246	29	self	self	NN
cord-026144-buctm04o	246	30	-	-	HYPH
cord-026144-buctm04o	246	31	storage	storage	NN
cord-026144-buctm04o	246	32	industry	industry	NN
cord-026144-buctm04o	246	33	Reducing	reduce	VBG
cord-026144-buctm04o	246	34	food	food	NN
cord-026144-buctm04o	246	35	waste	waste	NN
cord-026144-buctm04o	246	36	through	through	IN
cord-026144-buctm04o	246	37	digital	digital	JJ
cord-026144-buctm04o	246	38	platforms	platform	NNS
cord-026144-buctm04o	246	39	:	:	:
cord-026144-buctm04o	246	40	a	a	DT
cord-026144-buctm04o	246	41	quantification	quantification	NN
cord-026144-buctm04o	246	42	of	of	IN
cord-026144-buctm04o	246	43	cross	cross	JJ
cord-026144-buctm04o	246	44	-	-	JJ
cord-026144-buctm04o	246	45	side	side	JJ
cord-026144-buctm04o	246	46	network	network	NN
cord-026144-buctm04o	246	47	effects	effect	NNS
cord-026144-buctm04o	246	48	Modeling	modeling	NN
cord-026144-buctm04o	246	49	and	and	CC
cord-026144-buctm04o	246	50	forecasting	forecast	VBG
cord-026144-buctm04o	246	51	the	the	DT
cord-026144-buctm04o	246	52	sales	sale	NNS
cord-026144-buctm04o	246	53	of	of	IN
cord-026144-buctm04o	246	54	technology	technology	NN
cord-026144-buctm04o	246	55	products	product	NNS
cord-026144-buctm04o	246	56	Consumer	consumer	NN
cord-026144-buctm04o	246	57	bankruptcies	bankruptcy	NNS
cord-026144-buctm04o	246	58	and	and	CC
cord-026144-buctm04o	246	59	the	the	DT
cord-026144-buctm04o	246	60	bankruptcy	bankruptcy	NN
cord-026144-buctm04o	246	61	reform	reform	NNP
cord-026144-buctm04o	246	62	act	act	NNP
cord-026144-buctm04o	246	63	:	:	:
cord-026144-buctm04o	246	64	a	a	DT
cord-026144-buctm04o	246	65	time	time	NN
cord-026144-buctm04o	246	66	-	-	HYPH
cord-026144-buctm04o	246	67	series	series	NN
cord-026144-buctm04o	246	68	intervention	intervention	NN
cord-026144-buctm04o	246	69	analysis	analysis	NN
cord-026144-buctm04o	246	70	,	,	,
cord-026144-buctm04o	246	71	1960	1960	CD
cord-026144-buctm04o	246	72	-	-	SYM
cord-026144-buctm04o	246	73	1997	1997	CD
cord-026144-buctm04o	246	74	Term	Term	NNP
cord-026144-buctm04o	246	75	based	base	VBN
cord-026144-buctm04o	246	76	semantic	semantic	JJ
cord-026144-buctm04o	246	77	clusters	cluster	NNS
cord-026144-buctm04o	246	78	for	for	IN
cord-026144-buctm04o	246	79	very	very	RB
cord-026144-buctm04o	246	80	short	short	JJ
cord-026144-buctm04o	246	81	text	text	NN
cord-026144-buctm04o	246	82	classification	classification	NN
cord-026144-buctm04o	246	83	Who	who	WP
cord-026144-buctm04o	246	84	benefits	benefit	VBZ
cord-026144-buctm04o	246	85	from	from	IN
cord-026144-buctm04o	246	86	store	store	NN
cord-026144-buctm04o	246	87	brand	brand	NN
cord-026144-buctm04o	246	88	entry	entry	NN
cord-026144-buctm04o	246	89	?	?	.
cord-026144-buctm04o	247	1	Marketing	marketing	NN
cord-026144-buctm04o	247	2	budget	budget	NN
cord-026144-buctm04o	247	3	allocation	allocation	NN
cord-026144-buctm04o	247	4	across	across	IN
cord-026144-buctm04o	247	5	countries	country	NNS
cord-026144-buctm04o	247	6	:	:	:
cord-026144-buctm04o	247	7	the	the	DT
cord-026144-buctm04o	247	8	role	role	NN
cord-026144-buctm04o	247	9	of	of	IN
cord-026144-buctm04o	247	10	international	international	JJ
cord-026144-buctm04o	247	11	business	business	NN
cord-026144-buctm04o	247	12	cycles	cycle	NNS
cord-026144-buctm04o	247	13	Information	Information	NNP
cord-026144-buctm04o	247	14	asymmetry	asymmetry	NN
cord-026144-buctm04o	247	15	and	and	CC
cord-026144-buctm04o	247	16	financing	financing	NN
cord-026144-buctm04o	247	17	arrangements	arrangement	NNS
cord-026144-buctm04o	247	18	:	:	:
cord-026144-buctm04o	247	19	evidence	evidence	NN
cord-026144-buctm04o	247	20	from	from	IN
cord-026144-buctm04o	247	21	syndicated	syndicate	VBN
cord-026144-buctm04o	247	22	loans	loan	NNS
cord-026144-buctm04o	248	1	The	the	DT
cord-026144-buctm04o	248	2	dynamic	dynamic	JJ
cord-026144-buctm04o	248	3	effect	effect	NN
cord-026144-buctm04o	248	4	of	of	IN
cord-026144-buctm04o	248	5	innovation	innovation	NN
cord-026144-buctm04o	248	6	on	on	IN
cord-026144-buctm04o	248	7	market	market	NN
cord-026144-buctm04o	248	8	structure	structure	NN
cord-026144-buctm04o	248	9	Bayesian	Bayesian	NNP
cord-026144-buctm04o	248	10	Forecasting	Forecasting	NNP
cord-026144-buctm04o	248	11	and	and	CC
cord-026144-buctm04o	248	12	Dynamic	Dynamic	NNP
cord-026144-buctm04o	248	13	Models	model	NNS
cord-026144-buctm04o	249	1	Predicting	predict	VBG
cord-026144-buctm04o	249	2	nitrogen	nitrogen	NN
cord-026144-buctm04o	249	3	and	and	CC
cord-026144-buctm04o	249	4	chlorophyll	chlorophyll	NN
cord-026144-buctm04o	249	5	content	content	NN
cord-026144-buctm04o	249	6	and	and	CC
cord-026144-buctm04o	249	7	concentrations	concentration	NNS
cord-026144-buctm04o	249	8	from	from	IN
cord-026144-buctm04o	249	9	reflectance	reflectance	NN
cord-026144-buctm04o	249	10	spectra	spectrum	NNS
cord-026144-buctm04o	249	11	(	(	-LRB-
cord-026144-buctm04o	249	12	400	400	CD
cord-026144-buctm04o	249	13	-	-	SYM
cord-026144-buctm04o	249	14	2500	2500	CD
cord-026144-buctm04o	249	15	nm	nm	NN
cord-026144-buctm04o	249	16	)	)	-RRB-
cord-026144-buctm04o	249	17	at	at	IN
cord-026144-buctm04o	249	18	leaf	leaf	NN
cord-026144-buctm04o	249	19	and	and	CC
cord-026144-buctm04o	249	20	canopy	canopy	NN
cord-026144-buctm04o	249	21	scales	scale	NNS