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This paper explores the manner in which the structure of a social network constrains the level of inequality that can … be sustained among its members. We assume that any distribution of value across the network must be stable with respect … network. We show that if the network is bipartite, there is a unique stable payoff distribution that is maximally unequal in …
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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 …
Persistent link: https://www.econbiz.de/10010403717
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...
Persistent link: https://www.econbiz.de/10010505280
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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 …
Persistent link: https://www.econbiz.de/10012769941
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