Economic Cycles in Emerging and Advanced Countries: Synchronization, International Spillovers and the Decoupling Hypothesis (2015) (Contributions to Economics)

By: Antonio Pesce

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Synopsis: 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.

Book Quality:: Publisher Quality
ISBN-13:: 9783319170855
Related ISBNs:: 9783319170848
Publisher:: Springer International Publishing
Date of Addition:: 09/07/19
Copyrighted By:: Springer International Publishing, Cham
Adult content:: No
Language:: English
Has Image Descriptions:: No
Categories:: Nonfiction, Business and Finance, Mathematics and Statistics, Politics and Government
Submitted By:: Bookshare Staff
Usage Restrictions:: This is a copyrighted book.