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Economic Cycles in Emerging and Advanced Countries

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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.

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Detail Information

Series Title

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Call Number

XVIII, 173

Publisher

: ., 2015

Collation

-

Language

English

ISBN/ISSN

978-3-319-17084-8

Classification

NONE

Content Type

text

Media Type

computer

Carrier Type

-

Edition

1

Subject(s)

Emerging Countries

Specific Detail Info

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Statement of Responsibility

Pesce

Other Information

Cataloger

suwardi

Source

https://link.springer.com/10.1007/978-3-319-17085-5

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