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We employ a standard identification strategy from the peer effects literature to investigate the importance of network definitions in estimation of endogenous peer effects. We use detailed information on friends in the Adolescent Longitudinal Health Survey (Add Health) to construct two network...
Persistent link: https://www.econbiz.de/10003656911
Societies socialize children about many things, including sex. Socialization is costly. It uses scarce resources, such … as time and effort. Parents weigh the marginal gains from socialization against its costs. Those at the lower end of the … ; parents ; premarital sex ; out-of-wedlock births ; socialization ; stigmatization ; technological progress …
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In many firms, production requires the division of staff into teams. If only team performance is observable, moral hazard in teams is inevitable. This variant of moral hazard can be overcome or exacerbated by the interpersonal relationships among team members. I investigate how the division of...
Persistent link: https://www.econbiz.de/10011773831
We find a strong positive relationship between entrepreneurs' home-county social capital and their crowdfunding performance on Kickstarter. We exploit a quasi-experiment based on a Kickstarter rule change that strengthens entrepreneurs' obligation to provide backers with the promised rewards and...
Persistent link: https://www.econbiz.de/10012853251
A person's schooling years are a formative time for cognitive development, and also a period of intense social interaction and friendship formation. In this paper, we estimate the production of social capital during adolescence and its effect on wages. We develop a model where homophily and...
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