Economic Cycles in Emerging and Advanced Countries:...

Economic Cycles in Emerging and Advanced Countries: Synchronization, International Spillovers and the Decoupling Hypothesis

Antonio Pesce (auth.)
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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.

साल:
2015
संस्करण:
1
प्रकाशन:
Springer International Publishing
भाषा:
english
पृष्ठ:
173
ISBN 10:
3319170848
ISBN 13:
9783319170848
श्रृंखला:
Contributions to Economics
फ़ाइल:
PDF, 3.44 MB
IPFS:
CID , CID Blake2b
english, 2015
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