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.
Autor: | Dees, Stephane Lombardi, Marco J |
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ISBN: | 9780230243231 |
Sprache: | Englisch |
Seitenzahl: | 220 |
Produktart: | Gebunden |
Verlag: | Palgrave Macmillan UK |
Veröffentlicht: | 14.07.2010 |
Untertitel: | Synchronisation and Transmission Mechanisms to the Euro Area |
Schlagworte: | Euro Euro area business business cycle economy environment financial crisis interaction monetary union rating |
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