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No Free Lunch – No Decoupling, the Crisis and Hungary: A Case Study

In: The Financial and Economic Crises

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  • Júlia Király
  • Katalin Mér

Abstract

The 2007 financial and economic crisis that began in the United States and quickly spread around the world differed from earlier crises in a number of significant ways. This book examines the causes of these events in the US, and their impacts on North America, Europe, Asia and Australia.

Suggested Citation

  • Júlia Király & Katalin Mér, 2010. "No Free Lunch – No Decoupling, the Crisis and Hungary: A Case Study," Chapters, in: Benton E. Gup (ed.), The Financial and Economic Crises, chapter 5, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13642_5
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    References listed on IDEAS

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    1. Garry J. Schinasi & R. Todd Smith, 2000. "Portfolio Diversification, Leverage, and Financial Contagion," IMF Staff Papers, Palgrave Macmillan, vol. 47(2), pages 1-1.
    2. Graciela L. Kaminsky & Carmen M. Reinhart & Carlos A. Végh, 2003. "The Unholy Trinity of Financial Contagion," Journal of Economic Perspectives, American Economic Association, vol. 17(4), pages 51-74, Fall.
    3. Dooley, Michael & Hutchison, Michael, 2009. "Transmission of the U.S. subprime crisis to emerging markets: Evidence on the decoupling-recoupling hypothesis," Journal of International Money and Finance, Elsevier, vol. 28(8), pages 1331-1349, December.
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