01694cas a2200253 a 4500 AALejournalIMF015349 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513542928 1018-5941 BD-DhAAL BD-DhAAL Kireyev, Alexei. Network Effects of International Shocks and Spillovers / Alexei Kireyev, Andrei Leonidov. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (43 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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, or block spillovers. Most developed countries pass-through shocks, whereas low-income countries and oil exporters tend to block shock spillovers. The method is used to study demand shocks originating from a large and medium country, China and Ukraine respectively. Mode of access: Internet Leonidov, Andrei. IMF Working Papers; Working Paper ; No. 2015/149 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/149/001.2015.issue-149-en.xml IMF e-Library