Citera, Emanuele; Gouri Suresh, Shyam; Setterfield, Mark - 2021
We construct a model of cyclical growth with agent-based features designed to study the network origins of aggregate … addition to being influenced by their own economic conditions, firms pay attention to the performance of first-degree network … neighbours, weighted (to differing degrees) by the centrality of these neighbours in the network, when revising their SOLE. This …