Narrow search
Showing 1 - 10 of 195
Cover Image
Networks and the macroeconomy : an empirical exploration
Acemoglu, Daron; Akcigit, Ufuk; Kerr, William R. - 2015
the direct impact of a shock and the magnitudes of the downstream and the upstream indirect effects. We then investigate … through the input-output network, with a pattern broadly consistent with theory. Quantitatively, the network-based propagation …, capturing the fact that the local propagation of a shock to an industry will fall more heavily on other industries that tend to …
Persistent link: https://www.econbiz.de/10011491706
Cover Image
Adjustment is much slower than you think
Caballero, Ricardo J. (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002114575
Cover Image
Crises: equilibrium shifts and large shocks
Morris, Stephen; Yildiz, Muhamet - 2016
state and an additional idiosyncratic shock. Fundamentals evolve according to a random walk where the changes in …
Persistent link: https://www.econbiz.de/10011573294
Cover Image
Finite-order implications of any equilibrium
Weinstein, Jonathan (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002118390
Cover Image
Information aggregation and equilibrium multiplicity
Angeletos, Marios (contributor); Werning, Iván (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002119281
Cover Image
Innovation by entrants and incumbents
Acemoglu, Daron; Cao, Dan Vu - 2010
"We extend the basic Schumpeterian endogenous growth model by allowing incumbents to undertake innovations to improve their products, while entrants engage in more "radical" innovations to replace incumbents. Our model provides a tractable framework for the analysis of growth driven by both...
Persistent link: https://www.econbiz.de/10008760650
Cover Image
Horizontal mergers, entry, and efficiency defences
Spector, David (contributor) - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001602002
Cover Image
Innovation, reallocation and growth
Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - 2013
Persistent link: https://www.econbiz.de/10010187573
Cover Image
Noisy business cycles
Angeletos, Marios; La'O, Jennifer - 2009
"This paper investigates a real-business-cycle economy that features dispersed information about the underlying aggregate productivity shocks, taste shocks, and, potentially, shocks to monopoly power. We show how the dispersion of information can (i) contribute to significant inertia in the...
Persistent link: https://www.econbiz.de/10003861855
Cover Image
The network origins of aggregate fluctuations
Acemoglu, Daron; Carvalho, Vasco M.; Ozdaglar, Asuman E.; … - 2011
This paper argues that in the presence of intersectoral input-output linkages, microeconomic idiosyncratic shocks may lead to aggregate fluctuations. In particular, it shows that, as the economy becomes more disaggregated, the rate at which aggregate volatility decays is determined by the...
Persistent link: https://www.econbiz.de/10009489113