Out-of-equilibrium dynamics and excess volatility in firm networks

DOI10.1016/j.jedc.2022.104362zbMath1489.91147arXiv2012.05202OpenAlexW3208435104MaRDI QIDQ2136982

Jean-Philippe Bouchaud, Théo Dessertaine, José Moran, Michael Benzaquen

Publication date: 16 May 2022

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/2012.05202

zbMATH Keywords

agent-based modelout-of-equilibriumexcess volatilitynetwork economies

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Economic dynamics (91B55)

Cites Work

• The expected eigenvalue distribution of a large regular graph
• Tipping points in macroeconomic agent-based models
• Price dynamics, financial fragility and aggregate volatility
• The Network Origins of Aggregate Fluctuations
• Analytic Perturbation Theory and Its Applications
• Nonlinear analogue of the May−Wigner instability transition
• A Complete Scheme for Computing All Direct and Cross Demand Elasticities in a Model with Many Sectors
• Instabilities in large economies: aggregate volatility without idiosyncratic shocks
• On Endogenous Competitive Business Cycles
• Time to Build and Aggregate Fluctuations
• Aggregate fluctuations from independent sectoral shocks: self-organized criticality in a model of production and inventory dynamics
• Cascading Failures in Production Networks
• Supply Chain Disruptions: Evidence from the Great East Japan Earthquake*
• Good speciation and endogenous business cycles in a constraint satisfaction macroeconomic model
• The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem
• Some Conditions of Macroeconomic Stability
• Note: Some Conditions of Macroeconomic Stability
• Generating random regular graphs
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item

This page was built for publication: Out-of-equilibrium dynamics and excess volatility in firm networks