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Economic cycles in emerging and adva...

Pesce, Antonio.

Economic cycles in emerging and advanced countriessynchronization, international spillovers and the decoupling hypothesis /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Economic cycles in emerging and advanced countriesby Antonio Pesce.
Reminder of title:	synchronization, international spillovers and the decoupling hypothesis /
Author:	Pesce, Antonio.
Published:	Cham :Springer International Publishing :2015.
Description:	xviii, 173 p. :ill. (some col.), digital ;24 cm.
Contained By:	Springer eBooks
Subject:	Business cycles.
Online resource:	http://dx.doi.org/10.1007/978-3-319-17085-5
ISBN:	9783319170855 (electronic bk.)

Economic cycles in emerging and advanced countriessynchronization, international spillovers and the decoupling hypothesis /
Pesce, Antonio.

Economic cycles in emerging and advanced countriessynchronization, international spillovers and the decoupling hypothesis /[electronic resource] :by Antonio Pesce. - Cham :Springer International Publishing :2015. - xviii, 173 p. :ill. (some col.), digital ;24 cm. - Contributions to economics,1431-1933. - Contributions to economics..

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.

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.

ISBN: 9783319170855 (electronic bk.)

Standard No.: 10.1007/978-3-319-17085-5doiSubjects--Topical Terms:

176618
Business cycles.

LC Class. No.: HB3711

Dewey Class. No.: 338.542

Economic cycles in emerging and advanced countriessynchronization, international spillovers and the decoupling hypothesis /
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505 0 $a 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.
520 $a 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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