Resources

Resources

Links to resources for graduate macroeconomics :

Course materials by Daron Acemoglu: http://economics.mit.edu/faculty/acemoglu/courses

Course materials by Francois Gourio: https://sites.google.com/site/fgourio/teaching-notes

See also: Lecture notes by Per Krusell.

See http://econphd.econwiki.com/notes.htm for a collection of notes (mostly for PhD courses).

Links to resources for network theory:

Go to http://strategic.mit.edu/downloads.php?page=matlab_networks for a set of codes that allows to handle networks. Written in Matlab.

A curated list of papers in the intersection of network theory and macroeconomics (and related topics):

1. Acemoglu, D., V. Carvalho, A. Ozdaglar, and A. Tahbaz-Salehi (2012): The network origins of aggregate Fluctuations, Econometrica, 80(5), 1977-2016.

2. Acemoglu, D., A. Ozdaglar, and A. Tahbaz-Salehi (2012): Systemic Risk and Stability in Financial Networks, American Economic Review, 105 (2), 564–608.

3. Atalay, E., A. Hortacsu, J. Roberts, and C. Syverson (2011): Network structure of production, Proceedings of National Academy of Sciences, 108(13), 5199-5202.

4. Banerjee, A., Chandrasekhar, A. G., Duflo, E., & Jackson, M. O. (2013). The diffusion of microfinance. Science, 341(6144), 1236498.

5. Baqaee, D., and E. Farhi (2019): The Microeconomic Foundations of Aggregate Production Functions, Journal of European Economic Association, 17(5), 1337-1392.

6. Baqaee, D., and E. Farhi (2019): The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem, Econometrica 87(4), 1155-1203.

7. Barabasi, A., and R. Albert (1999): Emergence of scaling in random networks, Science, 286(5439), 509-512.

8. Battiston S, et al., (2012): Liaisons dangereuses: Increasing connectivity, risk sharing, and systemic risk, Journal of Economic Dynamics and Control, 36(8), 1121-1141.

9. Boehm, J., & Sonntag, J. (2023). Vertical integration and foreclosure: Evidence from production network data. Management Science, 69(1), 141-161.

10. Caliendo, L., Monte, F., & Rossi-Hansberg, E. (2015). The anatomy of French production hierarchies. Journal of Political Economy, 123(4), 809-852.

11. Calvo-Armengol, A., & Jackson, M. O. (2004). The effects of social networks on employment and inequality. American economic review, 94(3), 426-454.

12. Chaney, T. (2014): The network structure of international trade, American Economic Review, 104(11), 3600-3634.

13. Currarini, S., Jackson, M. O., & Pin, P. (2009). An economic model of friendship: Homophily, minorities, and segregation. Econometrica, 77(4), 1003-1045.

14. Currarini, S., Matheson, J., & Vega-Redondo, F. (2016). A simple model of homophily in social networks. European Economic Review, 90, 18-39.

15. Demange, G. (2018). Contagion in financial networks: a threat index. Management Science, 64(2), 955-970.

16. Di Falco, S., Feri, F., Pin, P., & Vollenweider, X. (2018). Ties that bind: Network redistributive pressure and economic decisions in village economies. Journal of Development Economics, 131, 123-131.

17. Elliott, M., B. Golub, and M. Jackson (2014): Financial networks and contagion, American Economic Review, 104 (10), 3115-3153.

18. Fogli, A., and L. Veldkamp (2021): Germs, social networks and growth, Review of Economic Studies,  88(3), 1074-1100.

19. Gabaix, X. (2011): The granular origin of aggregate fluctuations, Econometrica, 79 (3), 733-772.

20. Gai, P., & Kapadia, S. (2010). Contagion in financial networks. Proceedings of the Royal Society A: Mathematical, Physical and Engineering Sciences, 466(2120), 2401-2423.

21. Glasserman, P., & Young, H. P. (2016). Contagion in financial networks. Journal of Economic Literature, 54(3), 779-831.

22. Kali, R., J. Reyes, J. McGee, and S. Shirrell (2013): Growth networks, Journal of Development Economics, 10, 216-227.

23. Kelly, B., H. Lustig, and S. Van Nieuwerburgh (2014): Firm Volatility in Granular Networks.

24. Kelly, M. (1997): The dynamics of Smithian growth, The Quarterly Journal of Economics, 112(3), 939-964.

25. La'O, J. (2014): A traffic jam theory of recessions.

26. Bigio, S., & La’o, J. (2020). Distortions in production networks. The Quarterly Journal of Economics, 135(4), 2187-2253.

27. Lucas, R. (2008): Ideas and growth, Economica, 76(301), 1-19.

28. Oberfield, E. (2018): A Theory of Input-Output Architecture, Econometrica, 86 (2), 559-589.

29. Perla, J., C. Tonetti, and M. Waugh (2021): Equilibrium Technology Diffusion, Trade, and Growth. American Economic Review, 111(1), 73-128

30. Schweitzer, F., Fagiolo, G., Sornette, D., Vega-Redondo, F., Vespignani, A., & White, D. R. (2009). Economic networks: The new challenges. science, 325(5939), 422-425.

31. Zawadowski, A. (2013): Entangled financial systems, Review of Financial Studies, 26 (1), 1291-1323.

To be updated regularly.