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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.
List of Figures
List of Tables
List of Boxes
About the Authors
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 Financial Variables
Economic Interactions US-Euro Area Over the 2007-9 Financial Crisis: What Did We Learn?
The US-Euro Area Relationship in a Context of Possible Systemic Changes
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ISBN: 9780230243231 ISBN-10: 0230243231 Audience:
Number Of Pages: 220 Published: 14th July 2010 Publisher: SPRINGER VERLAG GMBH Country of Publication: GB Dimensions (cm): 21.84 x 13.97
Weight (kg): 0.36
Edition Number: 1