...Dogus Emin Purpose This paper aims to test whether the latest global financial crisis propagated contagiously from the USA to the rest of the world. Design/methodology/approach If the reason of the propagation of a crisis is a normal time interdependence with the crisis origin country due...

...Linyue Li; Nan Zhang; Thomas D. Willett Purpose Study of the interdependence among economies is of considerable importance. This area includes issues such as the increasing importance of regional economic interactions, the effects of economic growth and recession in the advanced economies...