Catching the Flu from the United States Synchronisation and Transmission Mechanisms to the Euro Area
, by di Mauro, Filippo; Dees, Stephane; Lombardi, MarcoNote: Supplemental materials are not guaranteed with Rental or Used book purchases.
- ISBN: 9780230243231 | 0230243231
- Cover: Hardcover
- Copyright: 8/15/2010
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.