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This paper presents a model of local network effects in which agents in a social network each value the adoption of a … graph, and that are complete graphs (a standard model of network effects). The structure of the network of adopting agents …
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the transition from the industrial economy to the network economy. The network economy is based on information technology … and functions of banks in the finance system network structure as a result of a rapidly changing technological environment. …
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This paper investigates how economic shocks propagate and amplify through the input-output network connecting … this case, we also find that: (i) the more a sector is globally central in the country network, the largest its impact; (ii …
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Personal characteristics of migrants could help to strengthen the impact of migrant networks on bilateral trade. While most of the attention has been focused on immigrants' educational attainment, this paper focuses on the relevance of the tasks carried out by migrants. Our empirical results...
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