Economic Cycles in Emerging and Advanced Countries

Name: Economic Cycles in Emerging and Advanced Countries
Author: Antonio Pesce

Synchronization, International Spillovers and the Decoupling Hypothesis

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Paperback, blz. | Engels

Springer International Publishing | e druk, 2016

ISBN13: 9783319368887

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Springer International Publishing e druk, 2016 9783319368887

Onderdeel van serie Contributions to Economics

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This book contributes to the debate on the decoupling of emerging economies from the advanced economies with a new, empirical investigation approach. Taking counterfactual experiments performed using a time-varying panel VAR model, the author argues that over the last thirty years, emerging economies have become less vulnerable to shocks spreading from advanced economies. This resilience to external shocks has changed in a non-progressive manner over time, with phases of greater resilience followed by others of lower resilience and vice versa. This research outlines its wave-like path and presents new results that contribute to the discussion.

Specificaties

ISBN13:9783319368887

Taal:Engels

Bindwijze:paperback

Uitgever:Springer International Publishing

Serie:Contributions to Economics

Inhoudsopgave

Introduction.- The Decoupling of Emerging Economies, a Long-Debated Issue but Still an Open Question. A Survey.- Is Decoupling in Action?- The International (Spillovers in) Macroeconomic-Credit Linkages and the Decoupling Phenomenon.- Conclusions.

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Economic Cycles in Emerging and Advanced Countries

Synchronization, International Spillovers and the Decoupling Hypothesis

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