Network Effects of International Shocks and Spillovers

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 shock. Individual countries may amplify, absorb,... READ MORE...

Publication date: July 2015
ISBN 9781513542928
$18.00

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