The spread of COVID-19 has had large impacts on labor market participants. In addition, government-mandated public policies aimed at fighting the pandemic (e.g., stay-at-home orders, mandated quarantines) have substantially altered how and where people work, leading to substitution between...

Based on the sample of Chinese listed firms covering 2012-2020, we consider multifaceted (geographical, industrial, financial and technical) network dependence structures, and employ a spatial autoregressive model with convex combinations of multiple connectivity weight matrices to explore the...