Catching the Flu from the United States

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.

14. July 2010

Authors Stéphane Dées Filippo di Mauro Marco Lombardi

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Professor Filippo di Mauro, PhD
Economist

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