Economic Cycles in Emerging and Advanced Countries [[electronic resource] ] : Synchronization, International Spillovers and the Decoupling Hypothesis / / by Antonio Pesce

• Autore: Pesce Antonio
• Pubblicazione: Cham : , : Springer International Publishing : , : Imprint : Springer, , 2015
• Edizione: 1st ed. 2015.
• Descrizione fisica: 1 online resource (189 p.)
• Disciplina: 338.5/42; 338.542
• Soggetto topico: International economics; Econometrics; Macroeconomics; Economic policy; Trade; Business; Commerce; International Economics; Macroeconomics/Monetary Economics//Financial Economics; Economic Policy
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: 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.
• Sommario/riassunto: 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.
• Titolo autorizzato: Economic Cycles in Emerging and Advanced Countries
• ISBN: 3-319-17085-6
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910298509503321
• Lo trovi qui: Univ. Federico II
• Serie: Contributions to Economics, . 1431-1933