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The Dynamics of Networks and Homophily
Jackson, Matthew O.; Nei, Stephen; Snowberg, Erik; … - 2023
, and different network layers. At the individual level, homophilous tendencies are persistent across time and network … those characteristics. We also document the nuanced impact of network connections on changes in Grade Point Average …
Persistent link: https://www.econbiz.de/10014262402
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The Network Origins of the Gains from Trade
Bosker, Erik Maarten - 2019
In this paper, we develop a network perspective on the welfare gains from trade in today’s internationally fragmented …
Persistent link: https://www.econbiz.de/10012890197
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A Simple Model of Buyer-Seller Networks in International Trade
Herkenhoff, Philipp; Krautheim, Sebastian; Sauré, Philip U. - 2021
The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network …
Persistent link: https://www.econbiz.de/10013224077
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Trade Openness and Growth : A Network-Based Approach
Duernecker, Georg; Meyer, Moritz; Vega-Redondo, Fernando - 2021
-order connections in the world trade network. We apply our methodology to a sample of 204 countries spanning the period from 1962 to … data sets or alternative variations of the integration measure. Overall, this suggests that a network-based approach to …
Persistent link: https://www.econbiz.de/10013211116
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How Do Immigrants Promote Exports? Networks, Knowledge, Diversity
Orefice, Gianluca; Rapoport, Hillel; Santoni, Gianluca - 2021
How does immigration affect export performance? To answer this question we propose a unified empirical framework allowing to disentangle various mechanisms such as the role of networks in reducing bilateral transaction costs as well as productivity shifts arising from migration-induced knowledge...
Persistent link: https://www.econbiz.de/10013212263
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The old-boy network and the quality of entrepreneurs
Bac, Mehmet; Inci, Eren - 2010
We study a model of network formation and start-up financing with endogenous entrepreneurial type distribution. A hub … firm admits members to its network based on signals about entrepreneurs' types. Network membership is observable, which … allows lenders to offer different interest rates to network and stand-alone entrepreneurs. We show that a network outcome can …
Persistent link: https://www.econbiz.de/10010270476
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Rising to the Challenge : Bayesian Estimation and Forecasting Techniques for Macroeconomic Agent-Based Models
Delli Gatti, Domenico - 2019
We propose two novel methods to "bring ABMs to the data". First, we put forward a new Bayesian procedure to estimate the numerical values of ABM parameters that takes into account the time structure of simulated and observed time series. Second, we propose a method to forecast aggregate time...
Persistent link: https://www.econbiz.de/10012860573
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Adaptive Agents May Be Smarter than You Think : Unbiasedness in Adaptive Expectations
Palestrini, Antonio; Gallegati, Mauro; Delli Gatti, Domenico - 2021
Agents forming adaptive expectations generally make systematic mistakes. This characterization has fostered the rejection of adaptive expectations in macroeconomics. Experimental evidence, however, shows that in complex environments human subjects frequently rely on adaptive heuristics –...
Persistent link: https://www.econbiz.de/10013217385
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Taxing Moral Agents
Muñoz Sobrado, Esteban - 2022
Experimental and empirical findings suggest that non-pecuniary motivations play a significant role as determinants of taxpayers’ decision to comply with the tax authority and shape their perceptions and assessment of the tax code. By contrast, the canonical optimal income taxation model...
Persistent link: https://www.econbiz.de/10014079642
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Ties
Revelli, Federico - 2019
-voter theory, we develop a model of costly instrumental voting in sequential elections with private information, where voters …
Persistent link: https://www.econbiz.de/10012864930