Catching the Flu from the United States
Synchronisation and Transmission Mechanisms to the Euro Area
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ISBN-13:
9780230243231
Veröffentl:
2010
Erscheinungsdatum:
14.07.2010
Seiten:
220
Autor:
Kenneth A Loparo
Gewicht:
358 g
Format:
218x140x18 mm
Sprache:
Englisch
Beschreibung:
Looking at historical cross-country interactions, this book examines the role of the US in the world economy. Illustrating that US shocks tend to have a global nature and that Monetary Union only partially shelters the Euro area from its external environment, the US should fully assume its responsibility, minimizing shock transmission.
This book provides a comprehensive account of how external shocks matter for the Euro area
Preface Acknowledgements Introduction Business Cycle Synchronisation: Disentangling Global Trade and Financial Linkages Business Cycle Synchronisation: The United States and the Euro Area The United States and the Euro Area: What do Structural Models say about the Linkages? The United States and the Euro Area: The Role of Asset Prices Economic Interactions US-Euro Area over the 2007-09 Financial crisis: What did we Learn? Relationship US-Euro area in a Context of possible Systemic Changes Conclusion Index
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