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We investigate a multi-household DSGE model in which past aggregate consumption impacts the confidence, and therefore consumption propensity, of individual households. We find that such a minimal setup is extremely rich, and leads to a…

Microscopic models describing a whole of economic interactions in a closed society are considered. The presence of a tax system combined with a redistribution process is taken into account, as well as the occurrence of tax evasion. In…

综合金融 · 定量金融 2017-01-11 M. L. Bertotti , G. Modanese

We investigate the effect of tax evasion on the income distribution and the inequality index of a society through a kinetic model described by a set of nonlinear ordinary differential equations. The model allows to compute the global…

综合金融 · 定量金融 2014-08-25 Maria Letizia Bertotti , Giovanni Modanese

We estimate the dynamic distributional effects of financial shocks in the Euro Area using survey-based microdata on personal incomes. We find that positive financial shocks increase inequality, with heterogeneity across different income…

综合经济学 · 经济学 2025-10-14 Miloš Ciganović , Elena Scola Gagliardi , Massimiliano Tancioni

The increasing integration of world economies, which organize in complex multilayer networks of interactions, is one of the critical factors for the global propagation of economic crises. We adopt the network science approach to quantify…

物理与社会 · 物理学 2019-01-09 Michele Starnini , Marián Boguñá , M. Ángeles Serrano

The compartmental models used to study epidemic spreading often assume the same susceptibility for all individuals, and are therefore, agnostic about the effects that differences in susceptibility can have on epidemic spreading. Here we…

物理与社会 · 物理学 2014-03-12 Daniel Smilkov , Cesar A. Hidalgo , Ljupco Kocarev

We investigate critical behaviors of a social contagion model on weighted networks. An edge-weight compartmental approach is applied to analyze the weighted social contagion on strongly heterogenous networks with skewed degree and weight…

物理与社会 · 物理学 2017-07-12 Yu-Xiao Zhu , Wei Wang , Ming Tang , Yong-Yeol Ahn

Understanding the spread of diseases through complex networks is of great interest where realistic, heterogeneous contact patterns play a crucial role in the spread. Most works have focused on mean-field behavior -- quantifying how contact…

统计力学 · 物理学 2022-12-14 Elad Korngut , Jason Hindes , Michael Assaf

Network autocorrelation models are widely used to evaluate the impact of social influence on some variable of interest. This is a large class of models that parsimoniously accounts for how one's neighbors influence one's own behaviors or…

社会与信息网络 · 计算机科学 2020-05-21 Daniel K. Sewell

Across income groups and countries, individual citizens perceive economic inequality spectacularly wrong. These misperceptions have far-reaching consequences, as it is perceived inequality, not actualinequality informing redistributive…

综合经济学 · 经济学 2022-04-05 Jan Schulz , Daniel M. Mayerhoffer , Anna Gebhard

A social (sexual) network is modeled by an extension of the configuration model to the situation where edges have weights, e.g. reflecting the number of sex-contacts between the individuals. An epidemic model is defined on the network such…

概率论 · 数学 2011-12-21 Tom Britton , David Lindenstrand

Empirical distributions of wealth and income can be reproduced using simplified agent-based models of economic interactions, analogous to microscopic collisions of gas particles. Building upon these models of freely interacting agents, we…

物理与社会 · 物理学 2020-03-10 Lennart Fernandes , Jacques Tempere

The threshold model has been widely adopted as a classic model for studying contagion processes on social networks. We consider asymmetric individual interactions in social networks and introduce a persuasion mechanism into the threshold…

物理与社会 · 物理学 2016-05-17 Wei-Min Huang , Li-Jie Zhang , Xin-Jian Xu , Xinchu Fu

This paper investigates how economic shocks propagate and amplify through the input-output network connecting industrial sectors in developed economies. We study alternative models of diffusion on networks and we calibrate them using…

综合金融 · 定量金融 2014-04-02 Martha G. Alatriste Contreras , Giorgio Fagiolo

Community recovery from hazards and crises occurs through various diffusion processes within social and spatial networks of communities. Existing knowledge regarding the diffusion of recovery in community socio-spatial networks, however, is…

社会与信息网络 · 计算机科学 2023-06-26 Chia-Fu Liu , Ali Mostafavi

I examine global recessions as a cascade phenomenon. In other words, how recessions arising in one or more countries might percolate across a network of connected economies. A heterogeneous agent based model is set up in which the agents…

综合金融 · 定量金融 2008-12-02 Paul Ormerod

Individual contributions to the spread of an epidemic vary widely due to an individual's location in a social network and their intrinsic ability to spread or contract diseases. While the effect of heterogeneous population structure and…

种群与进化 · 定量生物学 2026-05-14 Abhay Gupta , Nicholas W. Landry

The dynamics of herd immunity depend crucially on the interaction between collective social behavior and disease transmission, but the role of heterogeneity in this context frequently remains unclear. Here, we dissect this co-evolutionary…

物理与社会 · 物理学 2026-02-05 Mehran Noori , Nahid Azimi-Tafreshi , Mohammad Salahshour

We consider a model of contagion in financial networks recently introduced in the literature, and we characterize the effect of a few features empirically observed in real networks on the stability of the system. Notably, we consider the…

综合金融 · 定量金融 2011-09-07 Fabio Caccioli , Thomas A. Catanach , J. Doyne Farmer

Social networks affect the diffusion of information, and thus have the potential to reduce or amplify inequality in access to opportunity. We show empirically that social networks often exhibit a much larger potential for unequal diffusion…

应用统计 · 统计学 2022-10-21 Eaman Jahani , Dean Eckles , Alex 'Sandy' Pentland
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