In this paper we focus on the decoupling hypothesis between emerging countries and United States, as the more influent economy for the business cycle movements of advanced countries. Despite the theoretical and empirical analyses to date, it seems fair to say that there is no consensus on the...

Against the backdrop of the contagion literature, the paper analyses the impact of financial and trade linkages on sovereign bonds spreads in the Eurozone crisis. Using quarterly data for a sample of EMU countries during the period 2000-2013, we estimate fixed-effect panel models with Driscoll...