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: 1377 CZK
Availability: InStock

Autor: Tomas Rinkunas

Jazyk:

Vazba: Brožovaná

Vydavatel: VDM Verlag Dr. Mueller E.K.

Dostupnost: Skladem u dodavatele

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

Informace o knize

Autor

Tomas Rinkunas

Jazyk

Angličtina

Vazba

Kniha - Brožovaná

Vydáno

2008

Stránek

140

EAN

9783639055153

ISBN

3639055152

Enbook ID

06814973

Vydavatel

VDM Verlag Dr. Mueller E.K.

Hmotnost

195

Rozměry

152 x 229 x 8

Kompletní popis

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

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