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Faculty of Economics

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Carvalho, V. M. and Tahbaz-Salehi, A.

Production Networks: A Primer

Annual Review of Economics, forthcoming

(2018)

Abstract: This article reviews the literature on production networks in macroeconomics. It presents the theoretical foundations for the role of input-output linkages as a shock propagation channel and as a mechanism for transforming microeconomic shocks into macroeconomic fluctuations. The article also provides a brief guide to the growing literature that explores these themes empirically and quantitatively.

Keywords: networks, input-output linkages, shock propagation

Author links: Vasco Carvalho  

PDF Link: http://vasco-m-carvalho.github.io/pdfs/ProductionNetworks.pdf


Papers and Publications



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