Global interdependence, decoupling and recoupling / edited by Yin-Wong Cheung and Frank Westermann.

Format:

Book

Contributor:

Cheung, Yin-Wong, editor.

Westermann, Frank, 1970- editor.

Series:

CESifo seminar series

Language:

English

Subjects (All):

International economic relations.

Globalization.

Physical Description:

vi, 308 pages ; 24 cm.

Place of Publication:

Cambridge, Massachusetts : The MIT Press, [2013]

Contents:

1 Introduction / Yin-Wong Cheung Cheung, Yin-Wong, Frank Westermann Westermann, Frank 1

I Measurement Issues 17

2 Measuring International Spillovers during Economic Expansions and Slowdowns / Marco J. Lombardi Lombardi, Marco J., Rossella Calvi Calvi, Rossella, Filippo di Mauro Mauro, Filippo di 19

3 Building a Synchronous Common-Cycle Index for the European Union / Gianluca Cubadda Cubadda, Gianluca, Barbara Guardabascio Guardabascio, Barbara, Alain Hecq Hecq, Alain 37

II Business Cycles and Growth 53

4 No Coupling, No Decoupling, Only Mutual Interdependence: Business Cycles in Emerging versus Mature Economies / Pierre L. Siklos Siklos, Pierre L. 55

5 Regionalization versus Globalization / Hideaki Hirata Hirata, Hideaki, M. Ayhan Kose Kose, M. Ayhan, Christopher Otrok Otrok, Christopher 87

6 The Role of Household Saving in the Economic Rise of China / Steven Lugauer Lugauer, Steven, Nelson C. Mark Mark, Nelson C. 131

III Trade Linkages 153

7 The Rise of South-South Trade: Does It Mean Less Dependence on the North? / Gabor Pula Pula, Gabor, Tuomas A. Peltonen Peltonen, Tuomas A. 155

8 Estimating Foreign Value-Added in Mexico's Manufacturing Exports / Justino De La Cruz Cruz, Justino De La, Robert B. Koopman Koopman, Robert B., Zhi Wang Wang, Zhi, Shang-Jin Wei Wei, Shang-Jin 169

9 On the Persistence of Trade Imbalances: Evidence from Europe / Helge Berger Berger, Helge, Volker Nitsch Nitsch, Volker 213

IV The Role of Exchange Rates 233

10 China, the United States, and Europe after the Great Recession: Has Anything Changed? / Michael Dooley Dooley, Michael 235

11 The International Role of the Dollar: Does It Matter If It Changes? / Linda S. Goldberg Goldberg, Linda S. 243

12 The Penn Effect: Decoupling and Recoupling in the Price-Income Relationship? / Eiji Fujii Fujii, Eiji 263.

Notes:

Includes bibliographical references and index.

ISBN:

9780262019804

0262019809

OCLC:

835951336