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Catching the Flu from the United States

Synchronisation and Transmission Mechanisms to the Euro Area

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Gebonden, blz. | Engels
Palgrave Macmillan UK | e druk, 2010
ISBN13: 9780230243231
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Palgrave Macmillan UK e druk, 2010 9780230243231
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Samenvatting

Looking at historical cross-country interactions, this book examines the role of the US in the world economy. Illustrating that US shocks tend to have a global nature and that Monetary Union only partially shelters the Euro area from its external environment, the US should fully assume its responsibility, minimizing shock transmission.

Specificaties

ISBN13:9780230243231
Taal:Engels
Bindwijze:gebonden
Uitgever:Palgrave Macmillan UK
Hoofdrubriek:Economie

Inhoudsopgave

Preface Acknowledgements Introduction Business Cycle Synchronisation: Disentangling Global Trade and Financial Linkages Business Cycle Synchronisation: The United States and the Euro Area The United States and the Euro Area: What do Structural Models say about the Linkages? The United States and the Euro Area: The Role of Asset Prices Economic Interactions US-Euro Area over the 2007-09 Financial crisis: What did we Learn? Relationship US-Euro area in a Context of possible Systemic Changes Conclusion Index

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        Catching the Flu from the United States