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We study the correlation structure of firm growth rates. We show that most firms are correlated because of their exposure to a common factor but that firms linked through the supply chain exhibit a stronger correlation on average than firms…

Statistical Finance · Quantitative Finance 2023-07-04 Luca Mungo , José Moran

Economic systems, traditionally analyzed as almost independent national systems, are increasingly connected on a global scale. Only recently becoming available, the World Input-Output Database (WIOD) is one of the first efforts to construct…

Physics and Society · Physics 2015-08-19 Federica Cerina , Zhen Zhu , Alessandro Chessa , Massimo Riccaboni

Grid computing (GC) systems are large-scale virtual machines, built upon a massive pool of resources (processing time, storage, software) that often span multiple distributed domains. Concurrent users interact with the grid by adding new…

Programming Languages · Computer Science 2014-04-02 Carlos Alberto Ramírez Restrepo , Jorge A. Pérez , Jesús Aranda , Juan Francisco Díaz-Frias

The small-world phenomenon has been already the subject of a huge variety of papers, showing its appeareance in a variety of systems. However, some big holes still remain to be filled, as the commonly adopted mathematical formulation…

Statistical Mechanics · Physics 2009-11-07 Vito Latora , Massimo Marchiori

In the wake of the 2008 financial crisis the role of strongly interconnected markets in fostering systemic instability has been increasingly acknowledged. Trade networks of commodities are susceptible to deleterious cascades of supply…

Economics · Quantitative Finance 2015-04-15 Peter Klimek , Michael Obersteiner , Stefan Thurner

Viral marketing takes advantage of preexisting social networks among customers to achieve large changes in behaviour. Models of influence spread have been studied in a number of domains, including the effect of "word of mouth" in the…

Computer Science and Game Theory · Computer Science 2008-09-08 Hamed Amini , Moez Draief , Marc Lelarge

This paper employs a weighted network approach to study the empirical properties of the web of trade relationships among world countries, and its evolution over time. We show that most countries are characterized by weak trade links; yet,…

Social and Information Networks · Computer Science 2018-03-21 Maddalena D'Anna , Alfredo Petrosino

We introduce an algorithm able to reconstruct the relevant network structure on which the time evolution of country-product bipartite networks takes place. The significant links are obtained by selecting the largest values of the projected…

Economics · Quantitative Finance 2014-12-24 Andrea Zaccaria , Matthieu Cristelli , Andrea Tacchella , Luciano Pietronero

We develop a model where firms determine the price at which they sell their differentiable goods, the volume that they produce, and the inputs (types and amounts) that they purchase from other firms. A steady-state production network…

Multiagent Systems · Computer Science 2025-04-23 Tuong Manh Vu , Ernesto Carrella , Robert Axtell , Omar A. Guerrero

The global financial system can be represented as a large complex network in which banks, hedge funds and other financial institutions are interconnected to each other through visible and invisible financial linkages. Recently, a lot of…

Risk Management · Quantitative Finance 2018-04-11 Fabio Caccioli , Paolo Barucca , Teruyoshi Kobayashi

Global financial systems are undergoing strategic shifts as geopolitical tensions reshape international trade and payments. The United States (US)-China trade war, sanctions regimes, and rising concerns over the weaponization of financial…

Theoretical Economics · Economics 2025-05-28 Antonis Ballis

The global production of electric goods is at an all-time high, causing negative environmental and health impacts as well as a continuing depletion of natural resources. Considering the worsening global climate change, a transition of…

Software Engineering · Computer Science 2025-11-11 Dominique Briechle , Mohammed Fahad Ali , Marit Briechle-Mathiszig , Tobias Geger , Robert Werner , Andreas Rausch

Novel forms of data analysis methods have emerged as a significant research direction in the transportation domain. These methods can potentially help to improve our understanding of the dynamic flows of vehicles, people, and goods.…

Computers and Society · Computer Science 2019-01-10 Ivens Portugal , Paulo Alencar , Donald Cowan

The so called "globalization" process (i.e. the inexorable integration of markets, currencies, nation-states, technologies and the intensification of consciousness of the world as a whole) has a behavior exactly equivalent to a system that…

General Finance · Quantitative Finance 2016-12-12 Esteban Guevara Hidalgo

The emergence of interconnected urban networks is a crucial feature of globalisation processes. Understanding the drivers behind the growth of such networks - in particular urban firm networks -, is essential for the economic resilience of…

Physics and Society · Physics 2020-09-14 Juste Raimbault , Natalia Zdanowska , Elsa Arcaute

With the development of cloud computing, service computing, IoT(Internet of Things) and mobile Internet, the diversity and sociality of services are increasingly apparent. To meet the customized user demands, Service Ecosystem is emerging…

Other Computer Science · Computer Science 2020-08-04 Xiao Xue , Deyu Zhou , Yaodan Guo , Zhiyong Feng , Lejun Zhang , Lin Meng

We develop a theoretical framework to investigate the link between rising scale economies and stagnating productivity. Our model features heterogeneous firms, imperfect competition, and firm selection. We demonstrate that scale economies…

General Economics · Economics 2026-02-04 Joel Kariel , Anthony Savagar

We develop an analytically tractable model featuring heterogeneous workers and firms, where labor markets clear through a one-to-many sorting mechanism. Firms determine both the number and composition of their employees, shaping (1) the…

Theoretical Economics · Economics 2026-03-11 Paweł Gola , Haozhou Tang

The global financial system is highly complex, with cross-border interconnections and interdependencies. In this highly interconnected environment, local financial shocks and events can be easily amplified and turned into global events.…

Statistical Finance · Quantitative Finance 2021-04-22 Matthias Raddant , Dror Y. Kenett

Since several years, the fragility of global supply chains (GSCs) is at historically high levels. In the same time, the landscape of hybrid threats is expanding; new forms of hybrid threats create different types of uncertainties. This…

General Economics · Economics 2022-12-22 d'Artis Kancs