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Economic cycles in emerging and advanced countries : synchronization, international spillovers and the decoupling hypothesis için kapak resmi
Başlık:
Economic cycles in emerging and advanced countries : synchronization, international spillovers and the decoupling hypothesis
Yazar:
Pesce, Antonio, author
ISBN:
9783319170855

9783319170848
Yazar Ek Girişi:
Fiziksel Tanımlama:
1 online resource (xviii, 173 pages) : illustrations (some color) ; 24 cm.
Seri:
Contributions to economics,

Contributions to economics
İçerik:
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.
Özet:
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.
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Library
Materyal Türü
Demirbaş
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Kitap EKOBKN0001736 338.5 PES 2015
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