Using global, firm-level supply network data, we estimate a country’s exposure to direct and indirect economic losses caused by the failure of a company in another country. We show the network of international systemic risk-flows. We find that rich countries expose poor countries stronger to ...
20 We estimate how a bill affects total spillover spending (measured per week per household-member) in household i at week t of year y as given by Eq. (1): (1)E[spendity]=expβ11(post_serviceity)+β21(post_billity)+αI+τt+δy+μS+ξMD, where the two main regressors are ...
blenders, etc., and not by retail sales at gas stations. The volume of gasoline supplied has fallen for the third week in a row. This is unusual this time of the year, when gasoline consumption normally rises through the summer.