Catching the Flu from the United States Synchronisation and Transmission Mechanisms to the Euro Area / [electronic resource] :
by Filippo di Mauro, Stephane Dees, Marco J. Lombardi.
- XV, 220 p. online resource.
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.
9780230282070
10.1057/9780230282070 doi
International economics. Regional economics. Macroeconomics. International Economics. Regional/Spatial Science. Macroeconomics/Monetary Economics//Financial Economics.