Showing 1 - 10 of 18
It is almost self-evident that social interactions can determine economic behavior and outcomes. Yet, information on social ties does not exist in most publicly available and widely used datasets. We present methods to recover information on the entire structure of social networks from...
Persistent link: https://www.econbiz.de/10011941450
This paper provides a framework for identifying preferences in a large network where links are pairwise stable. Network formation models present difficulties for identi fication, especially when links can be interdependent: e.g., when indirect connections matter. We show how one can use the...
Persistent link: https://www.econbiz.de/10011941526
It is almost self-evident that social interactions can determine economic behavior and outcomes. Yet, information on social ties does not exist in most publicly available and widely used datasets. We present results on the identification of social networks from observational panel data that...
Persistent link: https://www.econbiz.de/10011941536
This paper introduces measures for how each moment contributes to the precision of the parameter estimates in GMM settings. For example, one of the measures asks what would happen to the variance of the parameter estimates if a particular moment was dropped from the estimation. The measures are...
Persistent link: https://www.econbiz.de/10012146388
We present results on the identification of social networks from observational panel data that contains no information on social ties between agents. In the context of a canonical social interactions model, we provide sufficient conditions under which the social interactions matrix, endogenous...
Persistent link: https://www.econbiz.de/10012146407
This paper studies the nonparametric identification and estimation of voters' preferences when voters are ideological. We establish that voter preference distributions and other parameters of interest can be identified from aggregate electoral data. We also show that these objects can be...
Persistent link: https://www.econbiz.de/10010368181
This paper introduces a bivariate version of the generalized accelerated failure time model. It allows for simultaneity in the econometric sense that the two realized outcomes depend structurally on each other. The proposed model also has the feasure that it will generate equal durations with...
Persistent link: https://www.econbiz.de/10010368233
This paper provides a framework for identifying preferences in a large network where links are pairwise stable. Network formation models present difficulties for identifi cation, especially when links can be interdependent: e.g., when indirect connections matter. We show how one can use the...
Persistent link: https://www.econbiz.de/10011941485
Standard methods for estimating production functions in the Olley and Pakes (1996) tradition require assumptions on input choices. We introduce a new method that exploits (increasingly available) data on a firm's expectations of its future output and inputs that allows us to obtain consistent...
Persistent link: https://www.econbiz.de/10014581874
This paper provides a framework for identifying preferences in a large network under the assumption of pairwise stability of network links. Network data present difficulties for identification, especially when links between nodes in a network can be interdependent: e.g., where indirect...
Persistent link: https://www.econbiz.de/10011445743