Business Cycle Synchronization - The Effects of Bilateral Trade Intensity and Economic Development

Name: Business Cycle Synchronization - The Effects of Bilateral Trade Intensity and Economic Development
Brand: VDM Verlag Dr. Mueller E.K.
SKU: 9783639055153
Price: 59.86 EUR
Availability: InStock

Автор: Tomas Rinkunas

Език:

Корици: С меки корици

Издател: VDM Verlag Dr. Mueller E.K.

Наличност: Външен склад

Изпращаме след 9-15 дни

59.86 € 117.07 лв

There are groups of countries for which booms and recessionsof economic activity occur approximately...

Информация за книгата

Автор

Tomas Rinkunas

Език

Английски език

Корици

Книга - С меки корици

Издадена

2008

страници

140

EAN

9783639055153

ISBN

3639055152

Enbook ID

06814973

Издател

VDM Verlag Dr. Mueller E.K.

Теглоt

195

Размери

152 x 229 x 8

Пълно описание

There are groups of countries for which booms and recessionsof economic activity occur approximately at the same time. They aresaid to have synchronous business cycles. However, there arecountries the economic activity of which fluctuates very unevenlyin relation to one another. This book uses several differentmethodologies to evaluate what effects the several factors have onbilateral business cycle synchronization. The book finds strongevidence that the bilateral trade intensity and similarity ofeconomic development have the effect on business cyclesynchronization. The findingsof this work suggest that the truecosts of joining a monetary union might be overestimated due toconvergence and increased trade after joining a monetary union. Thebook also discusses how the findings may have implications to thecoordination of fiscal policy between countries, financialportfolio management as well as the help in the discussion of whichcurrency regime to choose: free float or a fix.

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Business Cycle Synchronization - The Effects of Bilateral Trade Intensity and Economic Development

Информация за книгата

Пълно описание

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