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Understanding and potentially predicting or even controlling urban labour markets represents a great challenge for workers and policy makers alike. Cities are effective engines of economic growth and prosperity and incubate complex dynamics…

Physics and Society · Physics 2022-02-28 Xiangnan Feng , Alex Rutherford

A multi-regional input-output table (MRIOT) containing the transactions among the region-sectors in an economy defines a weighted and directed network. Using network analysis tools, we analyze the regional and sectoral structure of the…

Physics and Society · Physics 2021-07-14 Tao Wang , Shiying Xiao , Jun Yan , Panpan Zhang

We develop a resource-efficient methodology for measuring economic outlook in news text that combines document embeddings with synthetic training data generated by large language models. Applied to 27 million news articles, the resulting…

General Economics · Economics 2026-02-18 Elliot Beck , Franziska Eckert , Linus Kühne , Helge Liebert , Rina Rosenblatt-Wisch

We propose an equilibrium interaction model of occupational segregation and labor market inequality between two social groups, generated exclusively through the documented tendency to refer informal job seekers of identical "social color".…

Theoretical Economics · Economics 2022-12-27 I. Sebastian Buhai , Marco J. van der Leij

Modern economies require increasingly diverse and specialized skills, many of which depend on the acquisition of other skills first. Here we analyse US survey data to reveal a nested structure within skill portfolios, where the direction of…

Physics and Society · Physics 2026-03-31 Moh Hosseinioun , Frank Neffke , Letian Zhang , Hyejin Youn

Understanding how individual learning behavior and structural dynamics interact is essential to modeling emergent phenomena in socioeconomic networks. While bounded rationality and network adaptation have been widely studied, the role of…

Physics and Society · Physics 2025-10-29 Chanuka Karavita , Zehua Lyu , Dharshana Kasthurirathna , Mahendra Piraveenan

It is well understood that the structure of a social network is critical to whether or not agents can aggregate information correctly. In this paper, we study social networks that support information aggregation when rational agents act…

Theoretical Economics · Economics 2020-11-11 Itai Arieli , Fedor Sandomirskiy , Rann Smorodinsky

In recent years, methods from network science are gaining rapidly interest in economics and finance. A reason for this is that in a globalized world the interconnectedness among economic and financial entities are crucial to understand and…

The comprehension of the mechanisms behind the mobility of skilled workers is of paramount importance for policy making. The lacking nature of official measurements motivates the use of digital trace data extracted from ORCID public…

Applications · Statistics 2023-02-16 Jacopo Ghirri , Marta Mastropietro , Simone Vantini , Francesca Ieva , Matteo Fontana

For most people, social contacts play an integral part in finding a new job. As observed by Granovetter's seminal study, the proportion of jobs obtained through social contacts is usually large compared to those obtained through postings or…

Computer Science and Game Theory · Computer Science 2009-10-07 Esteban Arcaute , Sergei Vassilvitskii

This paper develops strategic foundations for an important statistical model of random networks with heterogeneous expected degrees. Based on this, we show how social networking services that subtly alter the costs and indirect benefits of…

Applications · Statistics 2010-04-09 Benjamin Golub , Yair Livne

Thanks to widely available, cheap Internet access and the ubiquity of smartphones, millions of people around the world now use online location-based social networking services. Understanding the structural properties of these systems and…

Physics and Society · Physics 2013-07-02 Chloë Brown , Vincenzo Nicosia , Salvatore Scellato , Anastasios Noulas , Cecilia Mascolo

We investigate a model of stratified economic interactions between agents when the notion of spatial location is introduced. The agents are placed on a network with near-neighbor connections. Interactions between neighbors can occur only if…

Physics and Society · Physics 2015-05-20 J. L. Herrera , M. G. Cosenza , K. Tucci

We undertake an exploration of the economic income (Gross Domestic Product, GDP) of Indian districts and cities based on scaling analyses of the dependence of these quantities on associated population size. Scaling analysis provides a…

Physics and Society · Physics 2020-03-25 Anand Sahasranaman , Luis M. A. Bettencourt

A set of economic entities embedded in a network graph collaborate by opportunistically exchanging their resources to satisfy their dynamically generated needs. Under what conditions their collaboration leads to a sustainable economy? Which…

Computer Science and Game Theory · Computer Science 2017-07-26 George Iosifidis , Leandros Tassiulas

Economic inequality emerges from the interplay between regional growth-rate differences and the interaction network that couples regions. We propose a minimal income-dynamics model, where heterogeneity is governed by growth-rate…

Statistical Mechanics · Physics 2026-05-14 Jaeseok Hur , Meesoon Ha , Hawoong Jeong

Hierarchy of social organization is a ubiquitous property of animal and human groups, linked to resource allocation, collective decisions, individual health, and even to social instability. Experimental evidence shows that both intrinsic…

Physics and Society · Physics 2018-08-22 Márton Pósfai , Raissa M. D'Souza

We analyze the existence of community structures in two different social networks obtained from similarity and collaborative features between musical artists. Our analysis reveals some characteristic organizational patterns and provides…

Physics and Society · Physics 2009-11-13 T. Teitelbaum , P. Balenzuela , P. Cano , J. M. Buldu

Global and regional integration has grown significantly in recent decades, boosting intra-African trade and positively impacting national economies through trade diversification and sustainable development. However, existing measures of…

General Economics · Economics 2024-10-29 Tekilu Tadesse Choramo , Jemal Abafita , Yerali Gandica , Luis E C Rocha

We revisit a recently introduced agent model[ACS {\bf 11}, 99 (2008)], where economic growth is a consequence of education (human capital formation) and innovation, and investigate the influence of the agents' social network, both on an…

General Finance · Quantitative Finance 2009-11-13 Teresa Vaz Martins , Tanya Araujo , Maria Augusta Santos , Miguel St Aubyn
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