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Financial Constraints and Propagation of Shocks in Production Networks
Pakel, Banu Demir; Javorcik, Beata Smarzynska; … - 2021
strategy exploits the heterogeneous impact of the shock on importers. The results indicate that this relatively minor, non …-localized shock had a non-trivial economic impact on exposed firms and propagated downstream through affected suppliers. Additional … empirical tests, motivated by a simple theory, demonstrate that low-liquidity firms amplified its transmission …
Persistent link: https://www.econbiz.de/10013315210
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Social Networks, Ethnicity, and Entrepreneurship
Kerr, William R.; Mandorff, Martin - 2016
We study the relationship between ethnicity, occupational choice, and entrepreneurship. Immigrant groups in the United States cluster in specific business sectors. For example, the concentration of Korean self-employment in dry cleaners is 34 times greater than other immigrant groups, and...
Persistent link: https://www.econbiz.de/10011584910
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Global Sourcing and Domestic Production Networks
Furusawa, Taiji; Inui, Tomohiko; Ito, Keiko; Tang, Heiwai - 2017
This paper studies how firms’ offshoring decisions shape a country’s domestic production net- works. We develop a model in which heterogeneous firms source inputs from multiple industries located in different domestic regions and foreign countries. Input sourcing entails communication with...
Persistent link: https://www.econbiz.de/10011744964
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Utilities Included : Split Incentives in Commercial Electricity Contracts
Jessoe, Katrina - 2019
This paper quantifies a tenant-side "split incentives" problem that exists when the largest commercial sector customers are on electricity-included property lease contracts causing them to face a marginal electricity price of zero. We use exogenous variation in weather shocks to show that the...
Persistent link: https://www.econbiz.de/10012866313
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Two-sided markets and electronic intermediaries
Jullien, Bruno - 2004
The object of this paper is to discuss on-line intermediation from the perspective of two-sided markets. It builds a simple model of the intermediation activity when trading partners are involved in a commercial relationship and uses it to illustrate some of the results that emerge in the...
Persistent link: https://www.econbiz.de/10010261092
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Political parties and network formation
Miettinen, Topi; Poutvaara, Panu - 2006
We argue that anticorruption laws may provide an efficiency rationale for why political parties should meddle in the distribution of political nominations and government contracts. Anticorruption laws forbid trade in spoils that politicians distribute. However, citizens may pay for gaining...
Persistent link: https://www.econbiz.de/10010261414
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The Social Integration of International Migrants : Evidence from the Networks of Syrians in Germany
Bailey, Michael; Johnston, Drew; Koenen, Martin; … - 2022
We use de-identified data from Facebook to study the social integration of Syrian migrants in Germany, a country that received a large influx of refugees during the Syrian Civil War. We construct measures of migrants’ social integration based on Syrians’ friendship links to Germans, their...
Persistent link: https://www.econbiz.de/10013292505
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The Dynamics of Networks and Homophily
Jackson, Matthew O.; Nei, Stephen; Snowberg, Erik; … - 2023
We examine friendships and study partnerships among university students over several years. At the aggregate level, connections increase over time, but homophily on gender and ethnicity is relatively constant across time, university residences, and different network layers. At the individual...
Persistent link: https://www.econbiz.de/10014262402
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The Network Origins of the Gains from Trade
Bosker, Erik Maarten - 2019
introduce a novel comparative statics approach to decompose the total welfare effects of an arbitrary trade cost shock into …
Persistent link: https://www.econbiz.de/10012890197
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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