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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

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[Rezension von: Goldin, Claudia; Katz, Lawrence F., The race between education and technology]

Acemoglu, Daron; Autor, David H. - In: Journal of economic literature 50 (2012) 2, pp. 426-463

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