Financial network structure is an important determinant of systemic risk. This paper examines how the U.S. interbank … network evolved over a long and important period that included two key events: the founding of the Federal Reserve and the …, initially reducing overall network concentration. The network became even more focused on Fed cities during the Depression, as …

Many economic activities are embedded in networks: sets of agents and the (often) rivalrous relationships connecting …, among many, of networked economic activities. Motivated by the premise that networks' structures are consequential, this …, summary network parameters (e.g., the degree distribution or transitivity index); and (iii) empirical models of strategic …

I build a simple dynamic model of the formation of an international social network of importers and exporters. Firms … can only export into markets in which they have a contact. They acquire new contacts both at random, and via their network …

financial institutions. Focusing on a multi sector economy linked through a supply network, we show how structural properties of … the supply network determine both whether aggregate volatility disappears as the number of sectors increases (i … aggregate output from its mean) to sector-specific volatility and to the structural properties of the supply network …

linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 …-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong …

This paper presents and structurally estimates a model of endogenous network formation and legislative activity of … of Congress as exogenously given and instead embed it in a model of endogenous network formation useful for developing …