communities. These findings document the effects in Mexico when potential migrants lose access to a strong US labor market …

Most of the economic analyses of the overseas-Chinese network focus on trade and investment flows at the country level …. In this paper, we analyze the effects of the ethnic Chinese network at the firm level. Contrary to the conventional …

In this note, we consider a broad class of network models where a large number of heterogeneous agents simultaneously …

This paper presents and structurally estimates a model of endogenous network formation and legislative activity of … of Congress as exogenously given and instead embed it in a model of endogenous network formation useful for developing …

We define a general class of network formation models, Statistical Exponential Random Graph Models (SERGMs), that nest …' (including ERGMs) parameters estimated from the observation of a single network are consistent (i.e., become accurate as the … exponentially slow mixing times for many specifications, we show that by reformulating network formation as a distribution over the …

We develop a theoretical model of security investments in a network of interconnected agents. Network connections … strategic substitutes. In a general (non-symmetric) network, this implies that underinvestment by some agents will encourage … symmetric or locally tree-like. We also characterize the impact of network structure on equilibrium and optimal investments …

We develop and analyze a tractable empirical model for strategic network formation that can be estimated with data from … a single network at a single point in time. We model the network formation as a sequential process where in each period …, the characteristics of the potential partner, and on features of the current state of the network, such as whether the two …