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Catching the flu from the United States : synchronisation and transmission mechanisms to the Euro area

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.

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  • "This book is essential reading for all interested in International Economics and Business Cycle Analysis. --Book Jacket."
  • "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."@en
  • "This book explores how and to what extent economic developments in the United States transmit to the Euro area. The issue is examined from different perspectives and using different methodologies. The chapters of the book bring together up-to-date research and stylized facts on the various channels of shock transmission, with special emphasis on financial and trade linkages."
  • "The fact that the United States is considered the 'engine' of the world economy has been puzzling for decades. How can it be that an economy, which represents only less than a fourth of world GDP, could still have such a role, particularly when large and fast growing economic players, such as China, are potently emerging in the global economy?"
  • "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. The United States, considered to be the "engine" of the world economy, has been a puzzle for numerous economists. How can it be that an economy, which represents only less than a fourth of world GDP, could still have such a role, particularly when large and fast growing economic players, like China, are potently emerging in the global economy? This book explores the economic linkages between the US and the Euro area, providing an understanding on how and to what extent economic developments in the United States transmit to the Euro area. The issue is examined from different perspectives and using different methodologies. The chapters of the book bring together up-to-date research and stylized facts on the various channels of shock transmission, with a special emphasis on financial and trade linkages. This book is essential reading for all interested in International Economics and Business Cycle Analysis."

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  • "Electronic books"@en
  • "Elektronisches Buch"

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  • "Catching the flu from the United States : synchronisation and transmission mechanisms to the Euro area"
  • "Catching the flu from the United States : synchronisation and transmission mechanisms to the Euro area"@en
  • "Catching the flu from the United States synchronisation and transmission mechanisms to the Euro area"
  • "Catching the flu from the United States synchronisation and transmission mechanisms to the Euro area"@en

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