countries to shed light on the heated debate over the "decoupling" of emerging Asia. We first document the evolution of … global levels. Then, by employing a panel vector autoregression (VAR) model, we estimate the degree of real economic … increased significantly in the post-crisis period, suggesting "recoupling", rather than decoupling, in recent years. Output …

countries to shed light on the heated debate over the "decoupling" of emerging Asia. We first document the evolution of … global levels. Then, by employing a panel vector autoregression (VAR) model, we estimate the degree of real economic … increased significantly in the post-crisis period, suggesting "recoupling", rather than decoupling, in recent years. Output …

proponents of the decoupling hypothesis argue that emerging markets have made significant progress in reducing external … globalization, namely rising trade and financial integration, raises business cycle synchronisation. We find that decoupling is a …

The decoupling hypothesis is the idea that business cycles in emerging market economies have become more independent … from business cycles in advanced economies in recent years. Decoupling essentially amounts to a structural break in the … approaches point to the same conclusion: there has been no decoupling in recent years. In fact, the degree of business cycle …