Economic Cycles in Emerging and Advanced Countries - Synchronization, International Spillovers and the Decoupling Hypothesis (Paperback, Softcover reprint of the original 1st ed. 2015)

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.

General

Imprint:	Springer International Publishing AG
Country of origin:	Switzerland
Series:	Contributions to Economics
Release date:	October 2016
First published:	2015
Authors:	Antonio Pesce
Dimensions:	235 x 155 x 10mm (L x W x T)
Format:	Paperback
Pages:	173
Edition:	Softcover reprint of the original 1st ed. 2015
ISBN-13:	978-3-319-36888-7
Categories:	Books > Business & Economics > Economics > Economic systems > General
LSN:	3-319-36888-5
Barcode:	9783319368887

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