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 …

We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network explains the … exchange. Knowledge in any country depends on the human capital of the countries it exchanges knowledge with. The diffusion of …

review is on studies that use network analysis paying special attention to those that apply complex analysis techniques …

that the completely connected network is stable, although, its exact structure, and thus contagion implications, is …

financial network where good firms enjoy direct and indirect benefits from linking with one another. Bad risks benefit from …

, 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. …

The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network …

Following Garicano (2000), we consider groups whose members decide what knowledge to acquire and how to use this … knowledge in production. If efficient production requires common knowledge, all group members should become workers and acquire … common knowledge. But if efficient production requires diverse knowledge, one group member should become manager, acquire …

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 …