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US energy sector. The model's quantitative implications match a range of moments not targeted in the estimation quite …
Persistent link: https://www.econbiz.de/10010485007
The propagation of macroeconomic shocks through input-output and geographic networks can be a powerful driver of macroeconomic fluctuations. We first exposit that in the presence of Cobb-Douglas production functions and consumer preferences, there is a specific pattern of economic transmission...
Persistent link: https://www.econbiz.de/10011305281