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The empirical content of models with multiple equilibria in economies with social interactions

Bisin, Alberto; Moro, Andrea; Topa, Giorgio - 2011

We study a general class of models with social interactions that might display multiple equilibria. We propose an estimation procedure for these models and evaluate its efficiency and computational feasibility relative to different approaches taken to the curse of dimensionality implied by the...

Persistent link: https://www.econbiz.de/10010287029

Informative social interactions

Arrondel, Luc; Calvo-Pardo, Hector; Giannitsarou, Chryssi; … - 2019

We design, field and exploit survey data from a representative sample of the French population to examine whether informative social interactions enter households'stockholding decisions. Respondents report perceptions about their circle of peers with whom they interact about financial matters,...

Persistent link: https://www.econbiz.de/10012142945

The own and social effects of an unexpected income shock

Kuhn, Peter Joseph; Kooreman, Peter; Soetevent, Adriaan R. - 2010 - Rev. May 5, 2010

the life-cycle hypothesis, the effects on winners’ consumption are largely confined to cars and otherdurables. Consistent … of car consumption than other nonparticipants. …

Persistent link: https://www.econbiz.de/10011374379

Informative social interactions

Arrondel, Luc; Calvo Pardo, Héctor F.; Giannitsarou, … - 2019

We design, field and exploit survey data from a representative sample of the French population to examine whether informative social interactions enter households'stockholding decisions. Re- spondents report perceptions about their circle of peers with whom they interact about financial matters,...

Persistent link: https://www.econbiz.de/10012133173

The Own and Social Effects of an Unexpected Income Shock

Kuhn, Peter; Kooreman, Peter; Soetevent, Adriaan R.; … - Tinbergen Instituut - 2008

the life-cycle hypothesis, the effects on winners’ consumption are largely confined to cars and otherdurables. Consistent … of car consumption than other nonparticipants. …

Persistent link: https://www.econbiz.de/10011256265

Addiction, Social Interactions and Gender Differences in Cigarette Consumption

Aristei, David; Pieroni, Luca - Dipartimento di Scienze Economiche, Facoltà di Economia - 2007

-household interactions on smoking participation and cigarette consumption. Estimation results show that the duration of the smoking habit …, used as measure of addiction, significantly increases the level of cigarette consumption and lowers the probability of … significantly influenced by the presence of other smokers and individual cigarette consumption increases as the consumption of the …

Persistent link: https://www.econbiz.de/10011265778

"It Wasn’t Me, It Was Them!" Social Influence in Risky Behavior by Adolescents

Clark, Andrew E.; Lohéac, Youenn - Institute for the Study of Labor (IZA) - 2005

cigarettes, alcohol and marijuana. One potential explanation is that social interactions make consumption "sticky". We use … detailed panel data from the Add Health survey to examine risky behavior (the consumption of tobacco, alcohol and marijuana) by …

Persistent link: https://www.econbiz.de/10005233910

Social ties within school classes –- the roles of gender, ethnicity, and having older siblings

Soetevent, Adriaan R.; Kooreman, Peter - EconWPA - 2005

In this paper we identify the lines along which social ties between high school teenagers are primarily formed. To this end, we introduce interaction weights between pupils in the same school class that are a function of exogenous individual background characteristics, like gender, ethnicity,...

Persistent link: https://www.econbiz.de/10005077075

The Relevance of Social Norms for Economic Efficiency: Theory and its Empirical Test.

Alpman, Anil - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2013

between individuals' income, time-use and consumption decisions on the one hand, and the determinants of their decision to …

Persistent link: https://www.econbiz.de/10010643644

The Own and Social Effects of an Unexpected Income Shock

Kuhn, Peter; Kooreman, Peter; Soetevent, Adriaan R.; … - Tinbergen Institute - 2008

consumption and reported happiness of both winners and nonwinners to these shocks. Consistent with simple models of in …, the only ‘own’ effects of cash winnings we detect are on durables expenditures and car consumption; these results support … a version of the permanent income hypothesis in which durable spending is used to smooth consumption. We detect social …

Persistent link: https://www.econbiz.de/10005137113