Network Effects of International Shocks and Spillovers /

This paper proposes a method for assessing international spillovers from nominal demand shocks. It quantifies the impact of a shock in one country on all other countries. The paper concludes that the network effects in shock spillovers can be substantial, comparable, and often exceed the initial sho...

Full description

Bibliographic Details
Main Author: Kireyev, Alexei
Other Authors: Leonidov, Andrei
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/149
Online Access:Full text available on IMF