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Economic cycles in emerging and advanced countries : synchronization, international spillovers and the decoupling hypothesis Synchronization, International Spillovers and the Decoupling Hypothesis

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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

338.7

Publisher

Cham : Springer., 2015

Collation

xviii, 173 pages

Language

English

ISBN/ISSN

9783319170855

Classification

338.7

Content Type

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Media Type

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Carrier Type

online resource

Edition

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Subject(s)

Business economics

Specific Detail Info

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Statement of Responsibility

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Other Information

Cataloger

Kurnadi

Source

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Validator

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