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 …

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 …

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 …

A network/search view of international trade in differentiated products is proposed. It is shown that this view can …

I propose a network/search view of international trade in differentiated products. I present evidence that supports the …

financial shocks. In our framework, economic production is organized in an input-output network in which firms face financial … constraints on their working capital. We show how sectoral financial shocks propagate through the network and manifest at the … of each channel depends on the overall network architecture and the location of shocks. Finally, we calibrate our model …

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 …

We develop a theoretical model of security investments in a network of interconnected agents. Network connections … networks, is that because security investments create positive externalities on other agents, there will be underinvestment in … strategic substitutes. In a general (non-symmetric) network, this implies that underinvestment by some agents will encourage …

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 …

has been enhanced by the demonstration that the United States is willing and able to sanction misbehavior. Geopolitically …