Catching The Flu From The United States: Synchronisation and Transmission Mechanisms to the Euro Area by Filippo di Mauro

Catching The Flu From The United States: Synchronisation and Transmission Mechanisms to the Euro…

byFilippo di Mauro, Marco Lombardi, Stephane Dees

Hardcover | July 14, 2010

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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 book argues that the US should fully assume its responsibility, minimizing shock transmission.

About The Author

FILIPPO DI MAURO is Head of the External Developments Division at the European Central Bank, Germany. His division is in charge of the international forecast, medium term FX analysis and the balance of payments of the Euro area. He started his career in 1984 at the Research Department of the Central Bank of Italy, following a short pe...
Globalisation, Regionalism and Economic Interdependence
Globalisation, Regionalism and Economic Interdependence

by Filippo di Mauro

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Title:Catching The Flu From The United States: Synchronisation and Transmission Mechanisms to the Euro…Format:HardcoverDimensions:224 pages, 8.5 × 5.51 × 0.02 inPublished:July 14, 2010Publisher:Palgrave Macmillan UKLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230243231

ISBN - 13:9780230243231

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Table of Contents

Preface
Acknowledgements
Introduction
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 Asset Prices
Economic Interactions US-Euro Area over the 2007-09 Financial crisis: What did we Learn?
Relationship US-Euro area in a Context of possible Systemic Changes
Conclusion
Index