Firm Volatility in Granular Networks
NBER Working Paper No. 19466
---- Acknowledgements -----
We thank Andy Atkeson, Steve Davis, Jan Eeckhout, Xavier Gabaix, Stefano Giglio, Jakub Jurek, Matthias Kehrig, Toby Moskowitz, Philippe Mueller, Lubos Pastor, Alberto Rossi, Amit Seru, Chad Syverson, Allan Timmerman, Laura Veldkamp, Pietro Veronesi, Rob Vishny and seminar participants at Berkeley Haas, Chicago Booth, KUL, CUNY, the UBC Winter Conference, USC, the Philadelphia Federal Reserve Bank annual conference, the Adam Smith conference at Oxford, NYU Stern, University of Amsterdam, London School of Economics, London Business School, the NBER Asset Pricing and Capital Markets conferences at the Summer Institute, SITE, the Becker-Friedman Institute conference on networks, the European Finance Association, the University of Maastricht, and MIT Sloan for comments and suggestions. We thank Bernard Herksovic for expert research assistance. We thank Lauren Cohen and Andrea Frazzini for generously providing us with customer-supplier linkages data. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.