From micro to macro via production networks

Carvalho, V. M. (2014). From micro to macro via production networks. Journal of Economic Perspectives, 28(4), 23-48.

Type

Journal article

Intellectual base

Primary research

Year

2014

Link

https://doi.org/10.1257/jep.28.4.23matched

Cited from

environmental_climate

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• Teleconnection
  • The mechanism-sufficiency standard developed below mirrors the production-network argument Carvalho (2014) advanced for tracing macroeconomic shocks: a transmission channel must be quantitatively adequate to the observed effect, not merely plausible in kind.

    This sourceDevelops the production-network framework in which microeconomic shocks propagate to macroeconomic outcomes only when transmission channels are quantitatively sufficient; underwrites the requirement that proposed teleconnection mechanisms be tested for adequacy, not merely plausibility.

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Registry ID ref:5094862a258e · see in the full table