Quantifying economic resilience from input–output susceptibility to improve predictions of economic growth and recovery

Supply demand equilibria in modern macroeconomic theories do not hold during recessionary shocks. Here the authors developed a non-equilibrium theory for the susceptibility of industrial sectors to shocks and showed these susceptibilities vary across countries, sectors and time and full economic rec...

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Autores principales: Peter Klimek, Sebastian Poledna, Stefan Thurner
Formato: article
Lenguaje:EN
Publicado: Nature Portfolio 2019
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Acceso en línea:https://doaj.org/article/87036e6d5cb5409db1f49b2493adf6d9
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spelling oai:doaj.org-article:87036e6d5cb5409db1f49b2493adf6d92021-12-02T16:51:02ZQuantifying economic resilience from input–output susceptibility to improve predictions of economic growth and recovery10.1038/s41467-019-09357-w2041-1723https://doaj.org/article/87036e6d5cb5409db1f49b2493adf6d92019-04-01T00:00:00Zhttps://doi.org/10.1038/s41467-019-09357-whttps://doaj.org/toc/2041-1723Supply demand equilibria in modern macroeconomic theories do not hold during recessionary shocks. Here the authors developed a non-equilibrium theory for the susceptibility of industrial sectors to shocks and showed these susceptibilities vary across countries, sectors and time and full economic recovery may take six to ten years.Peter KlimekSebastian PolednaStefan ThurnerNature PortfolioarticleScienceQENNature Communications, Vol 10, Iss 1, Pp 1-9 (2019)
institution DOAJ
collection DOAJ
language EN
topic Science
Q
spellingShingle Science
Q
Peter Klimek
Sebastian Poledna
Stefan Thurner
Quantifying economic resilience from input–output susceptibility to improve predictions of economic growth and recovery
description Supply demand equilibria in modern macroeconomic theories do not hold during recessionary shocks. Here the authors developed a non-equilibrium theory for the susceptibility of industrial sectors to shocks and showed these susceptibilities vary across countries, sectors and time and full economic recovery may take six to ten years.
format article
author Peter Klimek
Sebastian Poledna
Stefan Thurner
author_facet Peter Klimek
Sebastian Poledna
Stefan Thurner
author_sort Peter Klimek
title Quantifying economic resilience from input–output susceptibility to improve predictions of economic growth and recovery
title_short Quantifying economic resilience from input–output susceptibility to improve predictions of economic growth and recovery
title_full Quantifying economic resilience from input–output susceptibility to improve predictions of economic growth and recovery
title_fullStr Quantifying economic resilience from input–output susceptibility to improve predictions of economic growth and recovery
title_full_unstemmed Quantifying economic resilience from input–output susceptibility to improve predictions of economic growth and recovery
title_sort quantifying economic resilience from input–output susceptibility to improve predictions of economic growth and recovery
publisher Nature Portfolio
publishDate 2019
url https://doaj.org/article/87036e6d5cb5409db1f49b2493adf6d9
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AT sebastianpoledna quantifyingeconomicresiliencefrominputoutputsusceptibilitytoimprovepredictionsofeconomicgrowthandrecovery
AT stefanthurner quantifyingeconomicresiliencefrominputoutputsusceptibilitytoimprovepredictionsofeconomicgrowthandrecovery
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