Recent supply disruptions catapulted the issue of risk in global supply chains (GSCs) to the
top of policy agendas and created the impression that shortages would have been less …

We provide an overview of the relationship between financial networks and systemic risk.
We present a taxonomy of different types of systemic risk, differentiating between direct …

The outbreak of the COVID-19 virus has led many states to take the drastic measures of
social distancing. Using US executive order, occupation, and survey data, we measure the …

There is now widespread appreciation of the critical role played by supply chains in the
global economy. Supply chains are dominant concerns for many organisations …

Exploiting the exogenous and regional nature of the Great East Japan Earthquake of 2011,
this article provides a quantification of the role of input-output linkages as a mechanism for …

Recent decades have seen the emergence of global value chains (GVCs), in which
production stages for individual goods are broken apart and scattered across countries …

How should policymakers respond to the recent surge in inflation? This paper examines the
impact of global supply chain pressures on euro area inflation and the implications for …

We integrate an epidemiological model, augmented with contact and mobility analyses, with
a two‐sector macroeconomic model, to assess the economic costs of labor supply …

We study the effects of negative supply shocks and shocks to the composition of final
demand on aggregate output in a disaggregated neoclassical model with multiple sectors …

Many firms, banks, or other economic agents embedded in a network of codependencies
may experience a contemporaneous, sharp drop in functionality or productivity following a …