Willett, Thomas D.; Liang, Priscilla; Zhang, Nan - In: The evolving role of Asia in global finance, (pp. 215-234). 2011
This chapter argues that there are a number of different versions of decoupling hypotheses and that rapid swings in their popularity are due largely to herding in popular mental models and shifts in short-run correlations. It is important to not put too much emphasis on such changes of...