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...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2015.
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Series: | IMF Working Papers; Working Paper ;
No. 2015/149 |
Online Access: | Full text available on IMF |