Financial Frictions in Production Networks
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Saki Bigio, 2013. "Financial Frictions in Production Networks," 2013 Meeting Papers 121, Society for Economic Dynamics.
References listed on IDEAS
- Andrew T. Foerster & Pierre-Daniel G. Sarte & Mark W. Watson, 2011.
"Sectoral versus Aggregate Shocks: A Structural Factor Analysis of Industrial Production,"
Journal of Political Economy, University of Chicago Press, vol. 119(1), pages 1-38.
- Pierre-Daniel Sarte & Mark Watson & Andrew Foerster, 2008. "Aggregate Shocks and the Variability of Industrial Production," 2008 Meeting Papers 224, Society for Economic Dynamics.
- Andrew T. Foerster & Pierre-Daniel G. Sarte & Mark W. Watson, 2008. "Sectoral vs. aggregate shocks : a structural factor analysis of industrial production," Working Paper 08-07, Federal Reserve Bank of Richmond.
- Andrew T. Foerster & Pierre-Daniel G. Sarte & Mark W. Watson, 2008. "Sectoral vs. Aggregate Shocks: A Structural Factor Analysis of Industrial Production," NBER Working Papers 14389, National Bureau of Economic Research, Inc.
- Saki Bigio, 2015.
"Endogenous Liquidity and the Business Cycle,"
American Economic Review, American Economic Association, vol. 105(6), pages 1883-1927, June.
- New York University & Saki Bigio, 2010. "Endogenous Liquidity and the Business Cycle," 2010 Meeting Papers 672, Society for Economic Dynamics.
- Saki Bigio, 2014. "Endogenous Liquidity and the Business Cycle," Working Papers 2014-24, Peruvian Economic Association.
- Ezra Oberfield, 2011.
"Business networks, production chains and productivity: A theory of input-output architecture,"
Working Paper Series
WP-2011-12, Federal Reserve Bank of Chicago.
- Ezra Oberfield, 2013. "Business Networks, Production Chains, and Productivity: A Theory of Input-Output Architecture," 2013 Meeting Papers 120, Society for Economic Dynamics.
- Enghin Atalay, 2017.
"How Important Are Sectoral Shocks?,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 9(4), pages 254-280, October.
- Enghin Atalay, 2014. "How Important Are Sectoral Shocks," Working Papers 14-31, Center for Economic Studies, U.S. Census Bureau.
- Christoph E. Boehm & Aaron Flaaen & Nitya Pandalai-Nayar, 2019.
"Input Linkages and the Transmission of Shocks: Firm-Level Evidence from the 2011 Tōhoku Earthquake,"
The Review of Economics and Statistics, MIT Press, vol. 101(1), pages 60-75, March.
- Nitya Pandalai Nayar & Aaron Flaaen & Christoph Boehm, 2015. "Input Linkages and the Transmission of Shocks: Firm-Level Evidence from the 2011 Tohoku Earthquake," 2015 Meeting Papers 383, Society for Economic Dynamics.
- Christoph E. Boehm & Aaron Flaaen & Nitya Pandalai-Nayar, 2015. "Input Linkages and the Transmission of Shocks: Firm-Level Evidence from the 2011 Tohoku Earthquake," Working Papers 15-28, Center for Economic Studies, U.S. Census Bureau.
- Christoph E. Boehm & Aaron Flaaen & Nitya Pandalai-Nayar, 2015. "Input Linkages and the Transmission of Shocks: Firm-Level Evidence from the 2011 Tohōku Earthquake," Finance and Economics Discussion Series 2015-94, Board of Governors of the Federal Reserve System (U.S.).
- Loukas Karabarbounis, 2014.
"The Labor Wedge: MRS vs. MPN,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(2), pages 206-223, April.
- Loukas Karabarbounis, 2013. "The Labor Wedge: MRS vs. MPN," NBER Working Papers 19015, National Bureau of Economic Research, Inc.
- Loukas Karabarbounis, 2013. "Code and data files for "The Labor Wedge: MRS vs. MPN"," Computer Codes 13-63, Review of Economic Dynamics.
- Shaowen Luo, 2020.
"Propagation of Financial Shocks in an Input-Output Economy with Trade and Financial Linkages of Firms,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 36, pages 246-269, April.
- Shaowen Luo, 2019. "Code and data files for "Propagation of Financial Shocks in an Input-Output Economy with Trade and Financial Linkages of Firms"," Computer Codes 18-244, Review of Economic Dynamics.
- Zetlin-Jones, Ariel & Shourideh, Ali, 2017.
"External financing and the role of financial frictions over the business cycle: Measurement and theory,"
Journal of Monetary Economics, Elsevier, vol. 92(C), pages 1-15.
- Ariel Zetlin-Jones & Ali Shourideh, 2012. "External Financing and the Role of Financial Frictions over the Business Cycle: Measurement and Theory," 2012 Meeting Papers 321, Society for Economic Dynamics.
- Ali Shourideh & Ariel Zetlin-Jones, 2012. "External Financing and the Role of Financial Frictions over the Business Cycle: Measurement and Theory," GSIA Working Papers 2014-E15, Carnegie Mellon University, Tepper School of Business.
- David Rezza Baqaee, 2018.
"Cascading Failures in Production Networks,"
Econometrica, Econometric Society, vol. 86(5), pages 1819-1838, September.
- David Baqaee, 2016. "Cascading Failures in Production Networks," 2016 Meeting Papers 402, Society for Economic Dynamics.
- Baqaee, David Rezza, 2018. "Cascading Failures in Production Networks," CEPR Discussion Papers 12922, C.E.P.R. Discussion Papers.
- Dupor, Bill, 1999. "Aggregation and irrelevance in multi-sector models," Journal of Monetary Economics, Elsevier, vol. 43(2), pages 391-409, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Saki Bigio & Jennifer La’O, 2016. "Distortions in Production Networks," NBER Working Papers 22212, National Bureau of Economic Research, Inc.
- Dong, Feng & Wen, Yi, 2019.
"Long and Plosser meet Bewley and Lucas,"
Journal of Monetary Economics, Elsevier, vol. 102(C), pages 70-92.
- Feng Dong & Yi Wen, 2018. "Long and Plosser Meet Bewley and Lucas," Working Papers 2018-8, Federal Reserve Bank of St. Louis.
- David Rezza Baqaee & Emmanuel Farhi, 2019.
"The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem,"
Econometrica, Econometric Society, vol. 87(4), pages 1155-1203, July.
- David Baqaee & Emmanuel Farhi, 2017. "The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem," Working Paper 482151, Harvard University OpenScholar.
- Baqaee, David Rezza & Farhi, Emmanuel, 2017. "The macroeconomic impact of microeconomic shocks: beyond Hulten's Theorem," LSE Research Online Documents on Economics 87167, London School of Economics and Political Science, LSE Library.
- David Rezza Baqaee & Emmanuel Farhi, 2017. "The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten’s Theorem," Discussion Papers 1734, Centre for Macroeconomics (CFM).
- David Rezza Baqaee & Emmanuel Farhi, 2017. "The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem," NBER Working Papers 23145, National Bureau of Economic Research, Inc.
- Baqaee, David Rezza & Farhi, Emmanuel, 2017. "The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem," CEPR Discussion Papers 11845, C.E.P.R. Discussion Papers.
- Emmanuel Farhi & David Baqaee, 2017. "The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem," 2017 Meeting Papers 479, Society for Economic Dynamics.
- Yukiko Saito & Makoto Nirei & Vasco Carvalho, 2014.
"Supply Chain Disruptions: Evidence from Great East Japan Earthquake,"
2014 Meeting Papers
595, Society for Economic Dynamics.
- Carvalho, V. M. & Nirei, M. & Saito, Y. U. & Alireza Tahbaz-Salehi, A., 2016. "Supply Chain Disruptions: Evidence from the Great East Japan Earthquake," Cambridge Working Papers in Economics 1670, Faculty of Economics, University of Cambridge.
- Vasco M. Carvalho & Makoto Nirei & Yukiko U. Saito & Alireza Tahbaz-Salehi, 2016. "Supply Chain Disruptions: Evidence from the Great East Japan Earthquake," Discussion papers ron287, Policy Research Institute, Ministry of Finance Japan.
- Vasco M. CARVALHO & NIREI Makoto & SAITO Yukiko, 2014. "Supply Chain Disruptions: Evidence from the Great East Japan Earthquake," Discussion papers 14035, Research Institute of Economy, Trade and Industry (RIETI).
- Carvalho, Vasco M & Nirei, Makoto & Saito, Yukiko U. & Tahbaz-Salehi, Alireza, 2016. "Supply Chain Disruptions: Evidence from the Great East Japan Earthquake," CEPR Discussion Papers 11711, C.E.P.R. Discussion Papers.
- Engin L. Altinoglu, 2018. "The Origins of Aggregate Fluctuations in a Credit Network Economy," Finance and Economics Discussion Series 2018-031, Board of Governors of the Federal Reserve System (U.S.).
- Glenn Magerman & Karolien De Bruyne & Emmanuel Dhyne & Jan Van Hove, 2016.
"Heterogeneous Firms and the Micro Origins of Aggregate Fluctuations,"
Working Papers ECARES
ECARES 2016-35, ULB -- Universite Libre de Bruxelles.
- Glenn Magerman & Karolien De Bruyne & Emmanuel Dhyne & Jan Van Hove, 2016. "Heterogeneous firms and the micro origins of aggregate fluctuations," Working Paper Research 312, National Bank of Belgium.
- Levent Altinoglu, 2018. "The Origins of Aggregate Fluctuations in a Credit Network Economy," 2018 Meeting Papers 626, Society for Economic Dynamics.
- Andrew Foerster & Andreas Hornstein & Pierre-Daniel Sarte & Mark W. Watson, 2019.
"Aggregate Implications of Changing Sectoral Trends,"
NBER Working Papers
25867, National Bureau of Economic Research, Inc.
- Andrew Foerster & Andreas Hornstein & Mark Watson & Pierre-Daniel Sarte, 2019. "Sectoral and Aggregate Structural Change," 2019 Meeting Papers 532, Society for Economic Dynamics.
- Andrew Foerster & Andreas Hornstein & Pierre-Daniel G. Sarte & Mark W. Watson, 2019. "Aggregate Implications of Changing Sectoral Trends," Working Paper 19-11, Federal Reserve Bank of Richmond.
- Pasten, Ernesto & Schoenle, Raphael & Weber, Michael, 2017.
"Price rigidities and the granular origins of aggregate fluctuations,"
Working Paper Series
2102, European Central Bank.
- Pasten, Ernosto & Schoenle, Raphael & Weber, Michael, 2018. "Price rigidities and the granular origins of aggregate fluctuations," Research Discussion Papers 3/2018, Bank of Finland.
- Andrew Foerster & Andreas Hornstein & Pierre-Daniel G. Sarte & Mark W. Watson, 2019.
"Aggregate Implications of Changing Sectoral Trends,"
Working Paper
19-11, Federal Reserve Bank of Richmond.
- Andrew Foerster & Andreas Hornstein & Pierre-Daniel G. Sarte & Mark W. Watson, 2019. "Aggregate Implications of Changing Sectoral Trends," Working Paper Series 2019-16, Federal Reserve Bank of San Francisco.
- Andrew Foerster & Andreas Hornstein & Pierre-Daniel Sarte & Mark W. Watson, 2019. "Aggregate Implications of Changing Sectoral Trends," NBER Working Papers 25867, National Bureau of Economic Research, Inc.
- Everett Grant & Julieta Yung, 2019. "Upstream, Downstream & Common Firm Shocks," Globalization Institute Working Papers 360, Federal Reserve Bank of Dallas.
- Emmanuel Dhyne & Glenn Magerman & Ayumu Ken kikkawa, 2019.
"Imperfect Competition in Firm-to-Firm Trade,"
Working Papers ECARES
2019-05, ULB -- Universite Libre de Bruxelles.
- Ayumu Ken Kikkawa & Glenn Magerman & Emmanuel Dhyne, 2019. "Imperfect competition in firm-to-firm trade," Working Paper Research 363, National Bank of Belgium.
- Ernesto Pasten & Raphael Schoenle & Michael Weber, 2017.
"Price Rigidity and the Origins of Aggregate Fluctuations,"
NBER Working Papers
23750, National Bureau of Economic Research, Inc.
- Ernesto Pasten & Raphael S. Schoenle & Michael Weber & Michael Weber, 2018. "Price Rigidity and the Origins af Aggregate Fluctuations," CESifo Working Paper Series 7190, CESifo.
- Imbs, Jean & Pauwels, Laurent, 2019.
"Fundamental Moments,"
Working Papers
BAWP-2019-06, University of Sydney Business School, Discipline of Business Analytics.
- Imbs, Jean & Pauwels, Laurent, 2019. "Fundamental Moments," CEPR Discussion Papers 13662, C.E.P.R. Discussion Papers.
- Hsuan-Li Su, 2019. "Financial Frictions, Capital Misallocation, and Input-Output Linkages," 2019 Meeting Papers 978, Society for Economic Dynamics.
- Frank Smets & Joris Tielens & Jan Van Hove, 2018. "Pipeline Pressures and Sectoral Inflation Dynamics," Working Paper Research 351, National Bank of Belgium.
- Pasten, Ernesto & Schoenle, Raphael & Weber, Michael, 2017.
"Price rigidities and the granular origins of aggregate fluctuations,"
Working Paper Series
2102, European Central Bank.
- Ernesto Pasten & Raphael S. Schoenle & Michael Weber & Michael Weber, 2017. "Price Rigidities and the Granular Origins of Aggregate Fluctuations," CESifo Working Paper Series 6619, CESifo.
- Pasten, Ernosto & Schoenle, Raphael & Weber, Michael, 2018. "Price rigidities and the granular origins of aggregate fluctuations," Research Discussion Papers 3/2018, Bank of Finland.
- Carvalho, Vasco M & Tahbaz-Salehi, Alireza, 2018.
"Production Networks: A Primer,"
CEPR Discussion Papers
13421, C.E.P.R. Discussion Papers.
- Carvalho, V. M & Tahbaz-Salehi, A., 2018. "Production Networks: A Primer," Cambridge Working Papers in Economics 1856, Faculty of Economics, University of Cambridge.
- Yukiko Saito & Makoto Nirei & Vasco Carvalho, 2014.
"Supply Chain Disruptions: Evidence from Great East Japan Earthquake,"
2014 Meeting Papers
595, Society for Economic Dynamics.
- Alireza Tahbaz-Salehi & Vasco M. Carvalho & Makoto Nirei & Yukiko U. Saito, 2017. "Supply Chain Disruptions: Evidence from the Great East Japan Earthquake," Working Papers 2017-01, Becker Friedman Institute for Research In Economics.
- Vasco M. Carvalho & Makoto Nirei & Yukiko U. Saito & Alireza Tahbaz-Salehi, 2016. "Supply Chain Disruptions: Evidence from the Great East Japan Earthquake," Discussion papers ron287, Policy Research Institute, Ministry of Finance Japan.
- Carvalho, Vasco M & Nirei, Makoto & Saito, Yukiko U. & Tahbaz-Salehi, Alireza, 2016. "Supply Chain Disruptions: Evidence from the Great East Japan Earthquake," CEPR Discussion Papers 11711, C.E.P.R. Discussion Papers.
- Vasco M. CARVALHO & NIREI Makoto & SAITO Yukiko, 2014. "Supply Chain Disruptions: Evidence from the Great East Japan Earthquake," Discussion papers 14035, Research Institute of Economy, Trade and Industry (RIETI).
- Carvalho, V. M. & Nirei, M. & Saito, Y. U. & Alireza Tahbaz-Salehi, A., 2016. "Supply Chain Disruptions: Evidence from the Great East Japan Earthquake," Cambridge Working Papers in Economics 1670, Faculty of Economics, University of Cambridge.
- Dimas Mateus Fazio & Thiago Christiano Silva & Janis Skrastins, 2020. "Economic Resilience: spillovers, courts, and vertical integration," Working Papers Series 531, Central Bank of Brazil, Research Department.
More about this item
Keywords
Production Networks; Financial Frictions; Business Cycles;All these keywords.
JEL classification:
- C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2016-04-30 (Macroeconomics)
- NEP-NET-2016-04-30 (Network Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:apc:wpaper:2016-067. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Nelson Ramírez-Rondán). General contact details of provider: http://edirc.repec.org/data/peruvea.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.