TY  - BOOK
AU  - Pesce,Antonio
ED  - SpringerLink (Online service)
TI  - Economic Cycles in Emerging and Advanced Countries: Synchronization, International Spillovers and the Decoupling Hypothesis 
T2  - Contributions to Economics,
SN  - 9783319170855
AV  - HF1351-1647 
U1  - 337 23
PY  - 2015///
CY  - Cham
PB  - Springer International Publishing, Imprint: Springer
KW  - trade
KW  - business
KW  - Commerce
KW  - Econometrics
KW  - Macroeconomics
KW  - International economics
KW  - Economic policy
KW  - Economics
KW  - International Economics
KW  - Macroeconomics/Monetary Economics//Financial Economics
KW  - Economic Policy
KW  - Trade
N1  - 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
N2  - 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
UR  - http://dx.doi.org/10.1007/978-3-319-17085-5
ER  -