{"id":"https://openalex.org/W3122854331","doi":"https://doi.org/10.1086/685961","title":"Networks and the Macroeconomy: An Empirical Exploration","display_name":"Networks and the Macroeconomy: An Empirical Exploration","publication_year":2016,"publication_date":"2016-01-01","ids":{"openalex":"https://openalex.org/W3122854331","doi":"https://doi.org/10.1086/685961","mag":"3122854331"},"language":"en","primary_location":{"id":"doi:10.1086/685961","doi":"https://doi.org/10.1086/685961","is_oa":true,"landing_page_url":"https://doi.org/10.1086/685961","pdf_url":"https://www.journals.uchicago.edu/doi/epdf/10.1086/685961","source":{"id":"https://openalex.org/S127060114","display_name":"NBER Macroeconomics Annual","issn_l":"0889-3365","issn":["0889-3365","1537-2642"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-100","russia-white-list-1"],"host_organization":"https://openalex.org/P4310315672","host_organization_name":"University of Chicago Press","host_organization_lineage":["https://openalex.org/P4310315672","https://openalex.org/P4310315690"],"host_organization_lineage_names":["University of Chicago Press","University of Chicago"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"NBER Macroeconomics Annual","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"bronze","oa_url":"https://www.journals.uchicago.edu/doi/epdf/10.1086/685961","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5012301204","display_name":"Daron Acemo\u011flu","orcid":"https://orcid.org/0000-0003-0908-7491","observed_orcids":["https://orcid.org/0000-0003-0908-7491"]},"institutions":[{"id":"https://openalex.org/I63966007","display_name":"Massachusetts Institute of Technology","ror":"https://ror.org/042nb2s44","country_code":"US","type":"education","lineage":["https://openalex.org/I63966007"]},{"id":"https://openalex.org/I79576946","display_name":"University of Pennsylvania","ror":"https://ror.org/00b30xv10","country_code":"US","type":"education","lineage":["https://openalex.org/I79576946"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Daron Acemoglu","raw_affiliation_strings":["University of Pennsylvania and NBER","MIT and NBER"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Pennsylvania and NBER","institution_ids":["https://openalex.org/I79576946"]},{"raw_affiliation_string":"MIT and NBER","institution_ids":["https://openalex.org/I63966007"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5011710497","display_name":"Ufuk Akcigit","orcid":"https://orcid.org/0000-0002-8908-7645","observed_orcids":["https://orcid.org/0000-0002-8908-7645"]},"institutions":[{"id":"https://openalex.org/I79576946","display_name":"University of Pennsylvania","ror":"https://ror.org/00b30xv10","country_code":"US","type":"education","lineage":["https://openalex.org/I79576946"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Ufuk Akcigit","raw_affiliation_strings":["University of Pennsylvania and NBER"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Pennsylvania and NBER","institution_ids":["https://openalex.org/I79576946"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5108420666","display_name":"William Revill Kerr","orcid":"https://orcid.org/0000-0001-6835-9886","observed_orcids":["https://orcid.org/0000-0001-6835-9886"]},"institutions":[{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]},{"id":"https://openalex.org/I136199984","display_name":"Harvard University","ror":"https://ror.org/03vek6s52","country_code":"US","type":"education","lineage":["https://openalex.org/I136199984"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"William Kerr","raw_affiliation_strings":["Harvard Business School and NBER"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Harvard Business School and NBER","institution_ids":["https://openalex.org/I1321305853","https://openalex.org/I136199984"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":67.9781,"has_fulltext":true,"cited_by_count":469,"citation_normalized_percentile":{"value":0.99873772,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":100},"biblio":{"volume":"30","issue":"1","first_page":"273","last_page":"335"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.28299999237060547,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.28299999237060547,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.10830000042915344,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10064","display_name":"Complex Network Analysis Techniques","score":0.07419999688863754,"subfield":{"id":"https://openalex.org/subfields/3109","display_name":"Statistical and Nonlinear Physics"},"field":{"id":"https://openalex.org/fields/31","display_name":"Physics and Astronomy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/input-output-networks","display_name":"input-output networks","score":0.6790000200271606},{"id":"https://openalex.org/keywords/leontief-inverse","display_name":"Leontief inverse","score":0.8790000081062317},{"id":"https://openalex.org/keywords/intersectoral-linkages","display_name":"intersectoral linkages","score":0.6460000276565552},{"id":"https://openalex.org/keywords/monte-carlo-simulation","display_name":"Monte Carlo simulation","score":0.4059999883174896}],"concepts":[{"id":"https://openalex.org/C19499675","wikidata":"https://www.wikidata.org/wiki/Q232207","display_name":"Monte Carlo method","level":2,"score":0.8080864548683167},{"id":"https://openalex.org/C88548561","wikidata":"https://www.wikidata.org/wiki/Q347599","display_name":"sort","level":2,"score":0.7694165706634521},{"id":"https://openalex.org/C63479239","wikidata":"https://www.wikidata.org/wiki/Q7353546","display_name":"Robustness (evolution)","level":3,"score":0.6840016841888428},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5953457355499268},{"id":"https://openalex.org/C106487976","wikidata":"https://www.wikidata.org/wiki/Q685816","display_name":"Matrix (chemical analysis)","level":2,"score":0.4985952377319336},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.46789443492889404},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.41292521357536316},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.33313360810279846},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.3010702133178711},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.2881612479686737},{"id":"https://openalex.org/C23123220","wikidata":"https://www.wikidata.org/wiki/Q816826","display_name":"Information retrieval","level":1,"score":0.0},{"id":"https://openalex.org/C159985019","wikidata":"https://www.wikidata.org/wiki/Q181790","display_name":"Composite material","level":1,"score":0.0},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C192562407","wikidata":"https://www.wikidata.org/wiki/Q228736","display_name":"Materials science","level":0,"score":0.0},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1086/685961","doi":"https://doi.org/10.1086/685961","is_oa":true,"landing_page_url":"https://doi.org/10.1086/685961","pdf_url":"https://www.journals.uchicago.edu/doi/epdf/10.1086/685961","source":{"id":"https://openalex.org/S127060114","display_name":"NBER Macroeconomics Annual","issn_l":"0889-3365","issn":["0889-3365","1537-2642"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-100","russia-white-list-1"],"host_organization":"https://openalex.org/P4310315672","host_organization_name":"University of Chicago Press","host_organization_lineage":["https://openalex.org/P4310315672","https://openalex.org/P4310315690"],"host_organization_lineage_names":["University of Chicago Press","University of Chicago"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"NBER Macroeconomics Annual","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.1086/685961","doi":"https://doi.org/10.1086/685961","is_oa":true,"landing_page_url":"https://doi.org/10.1086/685961","pdf_url":"https://www.journals.uchicago.edu/doi/epdf/10.1086/685961","source":{"id":"https://openalex.org/S127060114","display_name":"NBER Macroeconomics Annual","issn_l":"0889-3365","issn":["0889-3365","1537-2642"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-100","russia-white-list-1"],"host_organization":"https://openalex.org/P4310315672","host_organization_name":"University of Chicago Press","host_organization_lineage":["https://openalex.org/P4310315672","https://openalex.org/P4310315690"],"host_organization_lineage_names":["University of Chicago Press","University of Chicago"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"NBER Macroeconomics Annual","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3122854331.pdf","grobid_xml":"https://content.openalex.org/works/W3122854331.grobid-xml"},"referenced_works_count":36,"referenced_works":["https://openalex.org/W1517119764","https://openalex.org/W1975063543","https://openalex.org/W1989620801","https://openalex.org/W2005184313","https://openalex.org/W2052489773","https://openalex.org/W2063773487","https://openalex.org/W2087023423","https://openalex.org/W2097916756","https://openalex.org/W2104165247","https://openalex.org/W2106827741","https://openalex.org/W2107316697","https://openalex.org/W2110237152","https://openalex.org/W2114389382","https://openalex.org/W2118948993","https://openalex.org/W2124872409","https://openalex.org/W2130788273","https://openalex.org/W2134246329","https://openalex.org/W2146207816","https://openalex.org/W2162670720","https://openalex.org/W2174510168","https://openalex.org/W2205690021","https://openalex.org/W2320014267","https://openalex.org/W2555097538","https://openalex.org/W2749859120","https://openalex.org/W2891586333","https://openalex.org/W3122768207","https://openalex.org/W3123028702","https://openalex.org/W3123291542","https://openalex.org/W3123743223","https://openalex.org/W3124317733","https://openalex.org/W3124656445","https://openalex.org/W3125391194","https://openalex.org/W3125986346","https://openalex.org/W4236584637","https://openalex.org/W4248503640","https://openalex.org/W4290016560"],"related_works":["https://openalex.org/W7112399167","https://openalex.org/W2286447752","https://openalex.org/W2025872221","https://openalex.org/W1024213718","https://openalex.org/W2287522180","https://openalex.org/W2022230933","https://openalex.org/W1977122294","https://openalex.org/W2732724823","https://openalex.org/W4386210001","https://openalex.org/W2078965477"],"abstract_inverted_index":{"A":[0],"second":[1],"concern":[2],"is":[3,37],"whether":[4],"measurement":[5],"error":[6],"in":[7,27],"the":[8,18,34,43,52,66],"input-output":[9,35],"matrix":[10,36],"might":[11],"be":[12],"significantly":[13],"amplified":[14],"when":[15],"we":[16,25,45],"compute":[17],"Leontief":[19],"inverses.":[20],"Another":[21],"Monte":[22,59],"Carlo":[23,60],"exercise":[24],"perform":[26],"appendix":[28],"C":[29],"verifies":[30],"that":[31],"even":[32],"if":[33],"measured":[38],"with":[39],"error,":[40],"regressions":[41],"of":[42,50,65,70],"sort":[44],"have":[46],"used":[47],"are":[48],"capable":[49],"recovering":[51],"correct":[53],"parameters.":[54],"We":[55],"take":[56],"these":[57],"two":[58],"exercises":[61],"as":[62],"useful":[63],"confirmation":[64],"robustness":[67],"and":[68],"informativeness":[69],"our":[71],"empirical":[72],"strategy.":[73]},"counts_by_year":[{"year":2026,"cited_by_count":59},{"year":2025,"cited_by_count":83},{"year":2024,"cited_by_count":67},{"year":2023,"cited_by_count":46},{"year":2022,"cited_by_count":55},{"year":2021,"cited_by_count":36},{"year":2020,"cited_by_count":34},{"year":2019,"cited_by_count":30},{"year":2018,"cited_by_count":20},{"year":2017,"cited_by_count":20},{"year":2016,"cited_by_count":10},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2021-02-01T00:00:00"}
