, and different network layers. At the individual level, homophilous tendencies are persistent across time and network … those characteristics. We also document the nuanced impact of network connections on changes in Grade Point Average …

When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other … workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects … network clearing). We show that those frictions and the wage mechanism are in general not independent. Equilibria that exhibit …

post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal … and reallocate assets towards core varieties. We further demonstrate that such merger-induced efficiency gains imply … between differentiated varieties. After a merger, acquirers drop products from their consolidated domestic product portfolio …

We study a model of network formation and start-up financing with endogenous entrepreneurial type distribution. A hub … firm admits members to its network based on signals about entrepreneurs' types. Network membership is observable, which … allows lenders to offer different interest rates to network and stand-alone entrepreneurs. We show that a network outcome can …

In this paper, we examine how the introduction of network externalities impact an open and vertically integrated … platform’s post-merger contractual relationship with third-party sellers distributing through its marketplace. Regardless of … platform has no incentive to exclude its non-integrated rivals and that the latter’s market share rises as network effects gain …

We argue that anticorruption laws may provide an efficiency rationale for why political parties should meddle in the … nominations. Such rent-seeking results in excessive network formation. Political parties may reduce wasteful network formation …

maximize it. Through the links in the collaboration network, researchers create spillovers not only to their direct coauthors … possibly overlapping projects. We bring our model to the data by analyzing the coauthorship network of economists registered in … the coauthorship network. Moreover, we analyze funding instruments for individual researchers as well as research …