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.
Cited by¶
1 citation across 1 artifact.
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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.
- 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.
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Registry ID ref:5094862a258e · see in the full table