01739cas a2200241 a 4500 AALejournalIMF020356 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498340243 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. 2012 Spillover Report : Background Papers. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (146 pages) Policy 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 note conducts a business cycle accounting analysis for systemic economies, with an emphasis on spillover effects from macroeconomic versus financial shocks. The systemic economies under consideration are China, the Euro Area, Japan, the United Kingdom, and the United States. This analysis is based on historical decompositions of output growth derived from the estimated structural macroeconometric model of the world economy, disaggregated into thirty five national economies, documented in Vitek (2012). Within this framework, each economy is represented by interconnected real, external, monetary, fiscal, and financial sectors. Spillovers are transmitted across economies via trade, financial, and commodity price linkages. Mode of access: Internet Policy Papers; Policy Paper ; No. 2012/086 Full text available on IMF http://elibrary.imf.org/view/journals/007/2012/086/007.2012.issue-086-en.xml IMF e-Library