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Economic Cycles in Emerging and Advanced Countries
Antonio Pesce
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Description for Economic Cycles in Emerging and Advanced Countries
Hardback. Series: Contributions to Economics. Num Pages: 191 pages, 3 black & white illustrations, 27 colour illustrations, biography. BIC Classification: KCBM; KCH; KCL; KCP. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 13. Weight in Grams: 456.
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.
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.
Product Details
Format
Hardback
Publication date
2015
Publisher
Springer International Publishing AG Switzerland
Number of pages
191
Condition
New
Series
Contributions to Economics
Number of Pages
173
Place of Publication
Cham, Switzerland
ISBN
9783319170848
SKU
V9783319170848
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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