Economic Networks: Theory and Computation (Paperback) (ISBN-13: 9781009456364)

It has become increasingly clear that economies can fruitfully be viewed as networks, consisting of millions of nodes (households, firms, banks, etc.) connected by business, social, and legal relationships. These relationships shape many outcomes that economists often measure. Over the past few years, research on production networks has flourished, as economists try to understand supply-side dynamics, default cascades, aggregate fluctuations, and many other phenomena. Economic Networks provides a brisk introduction to network analysis that is self-contained, rigorous, and illustrated with many figures, diagrams and listings with computer code. Network methods are put to work analyzing production networks, financial networks, and other related topics (including optimal transport, another highly active research field). Visualizations using recent data bring key ideas to life.

Author: Thomas J. Sargent, John Stachurski
ISBN-10: 1009456369
ISBN-13: 9781009456364
Publisher: Cambridge University Press
Language: English
Published: 04/25/2024
Pages: 266
Format: Paperback
Weight: 0.94lbs
Size: 9.61h x 6.69w x 0.56d