CORDIS Project
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This research explores large-scale economic networks to understand how limited interactions among economic agents shape macroeconomic and international trade patterns. By modeling these interactions as dynamic networks, the project aims to reveal insights into trade frictions and the propagation of economic shocks.
The general theme of this research is to introduce the notion of large-scale economic networks into the mainstream of economics, in particular in macroeconomics and international trade.
Economic agents often do not have access to all the relevant information they may need: whom they know, whom they interact with represents a small fraction of all possible interactions. I model this limited set of interactions as a network: agents are nodes, and they only interact with other agents they have form…
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