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Production Networks: A Primer


Type

Working Paper

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Authors

Carvalho, V. M 
Tahbaz-Salehi, A. 

Abstract

This article reviews the literature on production networks in macroeconomics. It presents the theoretical foundations for the roles of input-output linkages as a shock propagation channel and a mechanism for transforming microeconomic shocks into macroeconomic fluctuations. The article provides a brief guide to the growing literature that explores these themes empirically and quantitatively.

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Keywords

networks, shock propagation, input-output linkages.

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Publisher

Faculty of Economics

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