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4.5 Modeling Shock Propagation

Year: 2025
Type: article
Abstract: This lesson explains how input-output models are used to analyze the propagation of economic shocks through an economy. It differentiates between supply-side and demand-side shocks and introduces key concepts of economic resilience, such as a system's absorptive and adaptive capacities.
Authors: Weber, Jan, Löffler-Patterson, Caspar
Language: English
Open Access status: green
OpenAlex ID: W7103148771
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