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Social Norms in Networks
Ushchev, Philip - 2019
Although the linear-in-means model is the workhorse model in empirical work on peer effects, its theoretical properties are understudied. In this study, we develop a social-norm model that provides a microfoundation of the linear-in-means model and investigate its properties. We show that...
Persistent link: https://www.econbiz.de/10012859300
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The Formation of Networks in the Diaspora
Epstein, Gil S. - 2016
In this paper, we examine possible types of network formation among immigrants in the diaspora and between those … network structure on the country of origin, such as on international trade. We find that when the size of the diaspora is …
Persistent link: https://www.econbiz.de/10012997439
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Incidence of Strict Quality Standards : Protection of Consumers or Windfall for Professionals?
Kawaguchi, Daiji - 2013
This paper examines the effects of upgrading product quality standards on product and professional labor-market equilibriums when both markets are regulated. The Japanese government revised the Building Standards Act in June 2007, requiring a stricter review process for admitting the plans of...
Persistent link: https://www.econbiz.de/10013080137
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Safeguarding Consumers Through Minimum Quality Standards : Milk Inspections and Urban Mortality, 1880-1910
Anderson, D. Mark; Charles, Kerwin Kofi; McKelligott, … - 2022
We examine the effect of enforcing minimum quality standards (MQSs) on consumer health. In the late 1800s, the urban milk supply was regularly skimmed and diluted with water, but consumers could not easily determine its quality because dyes, caramel, and salt were added. To protect consumers,...
Persistent link: https://www.econbiz.de/10014083688
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Directed Generosity and Network Formation : Network Dimension Matters
D'Exelle, Ben - 2010
We explore network effects on generosity for different network dimensions. To this end we elicit multiple network … matters for friendship ties but that structural network variables are important in all network dimensions. Importantly, these … effects are not invariant across different network dimensions. We also find that individual characteristics are unrelated with …
Persistent link: https://www.econbiz.de/10013135187
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In Search of Stars : Network Formation among Heterogeneous Agents
Goeree, Jacob K.; Riedl, Arno; Ule, Aljaz - 2021
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by allowing … private information. In all treatments, the (efficient) equilibrium network has a "star" structure. With homogeneous agents …
Persistent link: https://www.econbiz.de/10013318256
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Migration Gravity, Networks, and Unemployment
Basu, Arnab K.; Chau, Nancy H.; Lin, Gary - 2022
We develop and estimate a theory-consistent gravity model for interregional migration flows in the presence of … equation for bilateral mobility that embodies a co-determined local unemployment term. As a theory of migration, our model …
Persistent link: https://www.econbiz.de/10014240357
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Business Conditions and Default Risks Across Countries
Pflüger, Michael - 2011
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...
Persistent link: https://www.econbiz.de/10013128748
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Globalization and Strategic Research Investments
Bohnstedt, Anna - 2011
We develop a general equilibrium model of international trade with heterogeneous firms, where countries can invest into basic research to improve their technological potential. These research investments tighten firm selection and raise the average productivity of firms in the market, thereby...
Persistent link: https://www.econbiz.de/10013131927
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Whither Corruption? A Quantitative Survey of the Literature on Corruption and Growth
Campos, Nauro F. - 2010
Does corruption grease or sand the wheels of economic growth? This paper uses meta-analysis techniques to systematically evaluate the evidence addressing this question. It uses a data set comprising 460 estimates of the effect of corruption on growth from 41 empirical studies. The main factors...
Persistent link: https://www.econbiz.de/10013135630