voxeu.org - 10/4/2008
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M. Ayhan Kose , Christopher Otrok , Eswar Prasad , 4 October 2008 Paradoxically, global integration has made emerging markets less dependent on the fates of the industrial nations. Have they “decoupled” from industrial country business cycles enough to dodge the current financial turmoil? This ...
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links for 2008-10-04
Economist's View —
Dissecting the decoupling debate - Vox EU
Should the Reserve Bank of India follow the Fed? - Vox EU
Dinner with the Econ - Information Processing
Liberalising visas and work permits: Possible negotiating initiatives - Vox EU
Don't Let Google Freeze the Airwaves - WSJ.com
HIV, fertility, and Africa’s future - Vox EU
Rotten Economics and Rotten Teeth - Richard H. Serlin
The Problem Is Still Falling House Prices - Feldstein - ...
"Transatlantic Divergence in Tackling the Crisis"
Economist's View —
... For a while, many political leaders in Europe and elsewhere, including in
Asia, were soothed by the
decoupling theory, according to which the crisis would not come their way.
Even now that the decoupling theory is in shambles, many in high positions seem
to believe that it will never be as bad in continental Europe as it is in the
US. Besides believing that banks here are in better shape, they like to argue
that Europe’s famed welfare systems have larger automatic stabilisers and should
reassure consumers. This is not really supported by most empirical estimates,
but we ...
The myth of decoupling
VoxEU.org: Recent Articles —
... , NBER Working Paper 14292, and Dissecting the decoupling debate , VoxEU.org, 4 October 2008. Mink, M., Jacobs, J. and de Haan, J. (2007), ...
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