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Benabou, Roland - 2000

This paper studies the interactions between an individual's self esteem and his social environment in the workplace, at school, and in personal relationships. Because a person generally has only imperfect knowledge of his own abilities, people who derive benefits from his performance (parent,...

Persistent link: https://www.econbiz.de/10012471184

Economic Analysis of Social Interactions

Manski, Charles F. - 2000

rigor of modern economic analysis. Major theoretical developments in game theory, the economics of the family, and … endogenous growth theory have taken place. Economists have also performed new empirical research on social interactions, but the … empirical literature does not show progress comparable to that achieved in economic theory. This paper examines why and …

Persistent link: https://www.econbiz.de/10012471189

Skewness and Time-Varying Second Moments in a Nonlinear Production Network : Theory and Evidence

Dew-Becker, Ian; Tahbaz-Salehi, Alireza; Vedolin, Andrea - National Bureau of Economic Research - 2021

This paper studies asymmetry in economic activity over the business cycle. It develops a tractable multisector model of the economy in which complementarity across inputs causes aggregate activity to be left skewed with countercyclical volatility. We then examine implications of the model...

Persistent link: https://www.econbiz.de/10012696408

A Theory of Social Interactions

Becker, Gary S. - 1974

This essay incorporates a general treatment of social interactions into the modern theory of consumer demand. Section 1 …

Persistent link: https://www.econbiz.de/10012479084

Demand and Welfare Analysis in Discrete Choice Models with Social Interactions

Bhattacharya, Debopam - 2019

Many real-life settings of consumer-choice involve social interactions, causing targeted policies to have spillover-effects. This paper develops novel empirical tools for analyzing demand and welfare-effects of policy-interventions in binary choice settings with social interactions. Examples...

Persistent link: https://www.econbiz.de/10012479897

Network Data

Graham, Bryan S. - 2019

Many economic activities are embedded in networks: sets of agents and the (often) rivalrous relationships connecting them to one another. Input sourcing by firms, interbank lending, scientific research, and job search are four examples, among many, of networked economic activities. Motivated by...

Persistent link: https://www.econbiz.de/10012480521

Trade and Domestic Production Networks

Tintelnot, Felix - 2018

We use Belgian data with information on domestic firm-to-firm sales and foreign trade transactions to study how international trade affects firms' unit cost and the consumer's real wage. We show theoretically that the gains from trade depend on domestic firm-to-firm linkages. Furthermore, we...

Persistent link: https://www.econbiz.de/10012480772

Happiness at Different Ages : The Social Context Matters

Helliwell, John F. - 2018

This paper uses a variety of individual-level survey data from several countries to test for interactions between subjective well-being at different ages and variables measuring the nature and quality of the social context at work, at home, and in the community. While earlier studies have found...

Persistent link: https://www.econbiz.de/10012480773

Optimal Monetary Policy in Production Networks

La'O, Jennifer - 2020

This paper studies the optimal conduct of monetary policy in a multi-sector economy in which firms buy and sell intermediate goods over a production network. We first provide a necessary and sufficient condition for the monetary policy's ability to implement flexible-price equilibria in the...

Persistent link: https://www.econbiz.de/10012481319

Information and the Acquisition of Social Network Connections

Barsbai, Toman - 2020

How do information interventions affect individual efforts to expand social networks? We study a randomized controlled trial of a program providing information on settling in the U.S. for new immigrants from the Philippines. Improved information leads new immigrants to acquire fewer new social...

Persistent link: https://www.econbiz.de/10012481541