Liu, Ernest; Tsyvinski, Aleh - 2022
We associate a dynamical system with input-output networks and study its spectral properties. Specifically, we develop … the input-output matrix and show, because higher-order linkages take longer to recover, fewer eigenvectors are needed to ….S. input-output structure and show the welfare impact of temporary shocks has a low-dimensional, 4-factor structure (out of 171 …