Series: IMF Working Papers
Author(s): Alexei Kireyev , and Andrei Leonidov
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 July 2015
Keywords: shocks, spillover, network, balance of payments, imports, import, trading partners, Neural Networks and Related Topics, Country and Industry Studies of Trade, Open Economy Macroeconomics
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 effect...