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Economic Cycles in Emerging and Advanced Countries

von Antonio Pesce
Hardcover - 9783319170848
53,49 €
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Softcover - 9783319368887
53,49 €

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Weitere Formate

Softcover - 9783319368887
53,49 €

Beschreibung

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.

Synchronization, International Spillovers and the Decoupling Hypothesis

Synchronization, International Spillovers and the Decoupling Hypothesis

Details

Verlag Springer International Publishing
Ersterscheinung April 2015
Maße 23.5 cm x 15.5 cm
Gewicht 4144 Gramm
Format Hardcover
ISBN-13 9783319170848
Auflage 2015
Seiten 173