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

by Antonio Pesce

Book Overview

​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...

• Format: Paperback
• Language: English
• ISBN: 3319368885
• ISBN13: 9783319368887
• Release Date: October 2016
• Publisher: Springer
• Length: 173 Pages
• Weight: 0.61 lbs.
• Dimensions: 0.4" x 6.1" x 9.2"