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 …

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 …

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 …