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Daniele, Gianmarco; Martinangeli, Andrea FM; … - 2023

We present a theory linking political and social trust to explain trust erosion in modern societies. Individuals …

Persistent link: https://www.econbiz.de/10014348046

The Network Origins of the Gains from Trade

Bosker, Erik Maarten - 2019

In this paper, we develop a network perspective on the welfare gains from trade in today’s internationally fragmented supply chains. Towards this end, we study a Ricardian trade model featuring trade in final and intermediate products, and introduce a novel comparative statics approach to...

Persistent link: https://www.econbiz.de/10012890197

A Simple Model of Buyer-Seller Networks in International Trade

Herkenhoff, Philipp; Krautheim, Sebastian; Sauré, Philip U. - 2021

The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network. We propose a simplistic re-interpretation of the classical Krugman (1980) model that accounts for surprisingly many of the empirical regularities. This re-interpretation relies...

Persistent link: https://www.econbiz.de/10013224077

Trade Openness and Growth : A Network-Based Approach

Duernecker, Georg; Meyer, Moritz; Vega-Redondo, Fernando - 2021

In this paper, we propose a novel approach to the study of international trade that leads to a measure of country openness that is quite different from the various alternatives proposed by the received literature. In contrast to these, our measure does not use indicators of aggregate trade...

Persistent link: https://www.econbiz.de/10013211116

Financial Constraints and Propagation of Shocks in Production Networks

Pakel, Banu Demir; Javorcik, Beata Smarzynska; … - 2021

empirical tests, motivated by a simple theory, demonstrate that low-liquidity firms amplified its transmission …

Persistent link: https://www.econbiz.de/10013315210

Structural Change in Production Networks and Economic Growth

Gaggl, Paul; Gorry, Aspen; vom Lehn, Christian - 2023

This paper studies structural change in production networks for intermediate inputs (input-output network) and new capital (investment network). For each network, we document a declining fraction of production by goods sectors and a rising fraction of production by services sectors. We develop a...

Persistent link: https://www.econbiz.de/10014348090

Product Differentiation and Oligopoly : A Network Approach

Pellegrino, Bruno - 2023

This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product …

Persistent link: https://www.econbiz.de/10014262031

How Does Competition Affect Reputation Concerns? Theory and Evidence from Airbnb

Rossi, Michelangelo - 2019

I show how changes in competition affect the power of reputation to induce sellers to exert effort. The impact of …. To guide the empirical analysis, I develop a model of reputation where the relative number of hosts and guests affects … the value of building a reputation through effort. In this framework, more competition depresses hosts' profits and leads …

Persistent link: https://www.econbiz.de/10012857911

Trust in public institutions over the business cycle

Stevenson, Betsey; Wolfers, Justin - 2011

the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial … sector. Finally, analysis of several repeated cross-sections of confidence within U.S. states yields similar qualitative …

Persistent link: https://www.econbiz.de/10010274853

Trust and Workplace Performance

Addison, John T. - 2019

This paper explores the relationship between trust and establishment performance. The outcome indicators are management’s assessment of the economic or financial situation of the workplace and its relative labor productivity. Trust is initially measured using the individual survey...

Persistent link: https://www.econbiz.de/10012889231

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