(Library ebook) Economic Cycles in Emerging and Advanced Countries: Synchronization, International Spillovers and the Decoupling Hypothesis (Contributions to Economics)






 | #4199025 in eBooks |  2015-04-20 |  2015-04-20 | File Name: B00WEQSYXS


||From the Back Cover|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 autho

​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 t...


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