We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network explains the …

We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the … optimal design of social networks like Facebook or Google+. We distinguish between unilateral and bilateral connections and … then we study how the network design and the utility specifications affect welfare. Surprisingly, we find that in general …

realistic interbank networks that preserve important characteristics of the original interbank market. The method loads the most … probable links with the largest exposures consistent with the total lending and borrowing of each bank, leading to networks …