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...

Full description

Saved in:
Bibliographic Details
Main Authors: Peter Klimek, Sebastian Poledna, Stefan Thurner
Format: article
Language:EN
Published: Nature Portfolio 2019
Subjects:
Q
Online Access:https://doaj.org/article/87036e6d5cb5409db1f49b2493adf6d9
Tags: Add Tag
No Tags, Be the first to tag this record!