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Patacchini, Eleonora; Zenou, Yves - C.E.P.R. Discussion Papers - 2009

This paper studies whether conformism behavior affects individual outcomes in crime. We present a social network model of peer effects with ex-ante heterogeneous agents and show how conformism and deterrence affect criminal activities. We then bring the model to the data by using a very detailed...

Persistent link: https://www.econbiz.de/10008491720

Mismatch, Transport Mode and Search Decisions in England

Patacchini, Eleonora; Zenou, Yves - C.E.P.R. Discussion Papers - 2003

We develop a theoretical model in which whites mainly use private vehicles to commute whereas non-whites use public transportation. We show that, for whites and non-whites, higher (time) distance-to-jobs leads to lower search effort. Because of different transport modes, we also show that, at...

Persistent link: https://www.econbiz.de/10005136588

Systemic Risk and Network Formation in the Interbank Market

Cohen-Cole, Ethan; Patacchini, Eleonora; Zenou, Yves - C.E.P.R. Discussion Papers - 2011

We propose a novel mechanism to facilitate understanding of systemic risk in financial markets. The literature on systemic risk has focused on two mechanisms, common shocks and domino-like sequential default. Our approach is a formal model that provides an intellectual combination of the two by...

Persistent link: https://www.econbiz.de/10009003370

Dynamic Aspects of Teenage Friendships and Educational Attainment

Patacchini, Eleonora; Rainone, Edoardo; Zenou, Yves - C.E.P.R. Discussion Papers - 2011

We study peer effects in education. We first develop a network model that predicts a relationship between own education and peers’ education as measured by direct links in the social network. We then test this relationship using the four waves of the AddHealth data, looking at the impact of...

Persistent link: https://www.econbiz.de/10008854494

Multivariate Choice and Identification of Social Interactions

Cohen-Cole, Ethan; Liu, Xiaodong; Zenou, Yves - C.E.P.R. Discussion Papers - 2012

In this paper, we investigate the impact of peers on own outcomes where all agents embedded in a network choose more than one activity. We develop a simple network model that illustrates these issues. We differentiate between the ‘seemingly unrelated’ simultaneous equations model where...

Persistent link: https://www.econbiz.de/10011083770

Student Networks and Long-Run Educational Outcomes: The Strength of Strong Ties

Patacchini, Eleonora; Rainone, Edoardo; Zenou, Yves - C.E.P.R. Discussion Papers - 2012

The aim of this paper is to investigate and understand the effect of high-school friends on years of schooling. We develop a simple network model where students first choose their friends and then decide how much effort they put in education. The empirical salience of the model is tested using...

Persistent link: https://www.econbiz.de/10011084315

Dangers of a Double-Bottom Line : A Poverty Targeting Experiment Misses Both Targets

Karlan, Dean - 2019

Two for-profit Philippine social enterprises, aiming to demonstrate corporate social responsibility by increasing microlending to the poor, incorporated a widely-used poverty measurement tool into their loan applications and tested the tool using randomized training content. Treated loan...

Persistent link: https://www.econbiz.de/10012899916

Consumer Protection for Financial Inclusion in Low and Middle Income Countries : Bridging Regulator and Academic Perspectives

Garz, Seth; Giné, Xavier; Karlan, Dean; Mazer, Rafe; … - 2021

Markets for consumer financial services are growing rapidly in low and middle income countries and being transformed by digital technologies and platforms. With growth and change come concerns about protecting consumers from firm exploitation due to imperfect information and contracting as well...

Persistent link: https://www.econbiz.de/10013235657

Does Lasting Behavior Change Require Knowledge Change? Evidence from Savings Interventions for Young Adults

Horn, Samantha; Jamison, Julian; Karlan, Dean; Zinman, … - 2021

Is financial knowledge change necessary for lasting savings behavior change? Or, akin to the canonical Friedman billiards player, can behavior persist “as if” such knowledge is held? We randomize 240 Ugandan young-adult clubs to financial education, savings account access, both, or neither....

Persistent link: https://www.econbiz.de/10013249433

Credit Building or Credit Crumbling? A Credit Builder Loan’s Effects on Consumer Behavior, Credit Scores and Their Predictive Power

Burke, Jeremy - 2020

market efficiency. A randomized encouragement design on a standard credit builder loan (CBL) identifies null average effects … at baseline fare worse, those without fare better. Selection, treatment effect, and prediction models indicate the CBL … reveals valuable information to markets, inducing positive selection and making credit histories more precise while keeping …

Persistent link: https://www.econbiz.de/10012848541