01834cas a2200277 a 4500 AALejournalIMF021090 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513550183 1018-5941 BD-DhAAL BD-DhAAL Cakmakli, Cem. COVID-19 and Emerging Markets : An Epidemiological Model with International Production Networks and Capital Flows / Cem Cakmakli, Selva Demiralp, Sebnem Kalemli-Ozcan, Sevcan Yesiltas. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (74 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 We quantify the macroeconomic effects of COVID-19 for a small open economy by calibrating a SIR-multi-sector-macro model. We measure sectoral supply shocks utilizing teleworking and physical job proximity, and demand shocks with credit card purchases. Both shocks are also affected from changing infection rates under different lockdown scenarios. Being an open economy amplifies the economic costs through two main channels. First, the demand shock has domestic and external components. Second, the initial shock is magnified due to domestic and international input-output linkages. Mode of access: Internet Demiralp, Selva. Kalemli-Ozcan, Sebnem. Yesiltas, Sevcan. IMF Working Papers; Working Paper ; No. 2020/133 Full text available on IMF http://elibrary.imf.org/view/journals/001/2020/133/001.2020.issue-133-en.xml IMF e-Library