Monday, 17 June 2013

Arnaud Mehl,Federal Reserve Bank of Dallas Globalization and Monetary Policy Institute Working Paper No. 148


Globalisation is characterised by long-run historical cycles, however. This includes a significant progress up to 1914; a massive retrenchment in the interwar period; a substantial revival after 1945; and, with the onset of the global financial crisis of 2007-09, some have openly discussed risks of “de-globalisation” (e.g. Van Bergeijk, 2010).  

Saturday, 18 May 2013

Large global volatility shocks,equity markets and globalisation 1885-2011, ECB working paper 1548 / may 2013 by Arnaud Mehl


But globalisation is characterised by long-run historical cycles: significant progress up to 1914; massive retrenchment in the interwar period; a substantial revival after 1945; and with the onset of the global financial crisis of 2007-09, some have openly discussed risks of “de-globalisation” (e.g. Van Bergeijk, 2010).