Showing 1 - 10 of 3,597
The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network …
Persistent link: https://www.econbiz.de/10012534686
imposed at selected U.S. airports in the relatively near future. The theory developed in this paper, which extends the results … theory says that the congestion tolls levied on the various airlines at a particular airport should generally be different …
Persistent link: https://www.econbiz.de/10011410457
In this paper, we develop a network perspective on the welfare gains from trade in today's internationally fragmented …
Persistent link: https://www.econbiz.de/10011986141
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 …
Persistent link: https://www.econbiz.de/10011397182
Interbank claims are a concern to regulators as they might facilitate the dissemination of defaults and generate spill-over effects. Building on a simple model, this paper introduces a measure of the spill-over effects that a bank generates when it defaults. The measure is based on an explicit...
Persistent link: https://www.econbiz.de/10010509633
networks in the spatial diffusion of local economic shocks. We develop a network model that shows how a district's level of … prosperity is related to its position in the network. The network model's first-order conditions are used to derive an … underlying network structure can inform us about the potential gains from policies that increase economic activity in specific …
Persistent link: https://www.econbiz.de/10011825329
This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of …
Persistent link: https://www.econbiz.de/10008697819
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 …
Persistent link: https://www.econbiz.de/10009239488
Many data situations require the consideration of network effects among the cross-sectional units of observation. In … this paper, we present a generalized panel model which accounts for two features: (i) three types of network effects on the … error components, and (ii) higher-order network effects due to ex-ante unknown network-decay functions or the presence of …
Persistent link: https://www.econbiz.de/10012306579
. Firm heterogeneity and the sparse nature of firm-to-firm connections implicitly discipline network structure. We find that …
Persistent link: https://www.econbiz.de/10013380905