Gonçalves, Jennifer; Matsushita, Raul; Da Silva, Sergio - In: Journal of Economic Studies 48 (2020) 3, pp. 604-615
Purpose: The authors observed few sectors with many connections and many sectors with few connections, “in the Brazilian input-output network,” which meant that sectoral idiosyncratic shocks may lead to aggregate fluctuations. Design/methodology/approach: The authors considered the...