Reposted by Mathieu Taschereau-Dumouchel
"Firm exits can trigger cascades of shutdown. New work studies how these cascades propagate and their impact on aggregate fluctuations."
Recently accepted to #REStud, from Mathieu Taschereau-Dumouchel @mathtd.bsky.social:
www.restud.com/cascades-and...
#EconSky
