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We provide the first empirical application of a new approach proposed by Lee (2007) to estimate peer effects in a linear-in-means model. The approach allows to control for group-level unobservables and to solve the reflection problem, without imposing ad hoc exclusion restrictions or requiring...
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We study some recent developments and challenges in the empirics of the effects of social networks. We focus in particular on researchers' ability to make policy recommendations based on a standard linear econometric model. We examine the potential compatibility between this type of econometric...
Persistent link: https://www.econbiz.de/10010489618
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We study some recent developments and challenges in the empirics of the effects of social networks. We focus in particular on researchers' ability to make policy recommendations based on a standard linear econometric model. We examine the potential compatibility between this type of econometric...
Persistent link: https://www.econbiz.de/10012937468
We study some recent developments and challenges in the empirics of the effects of social networks. We focus in particular on researchers' ability to make policy recommendations based on a standard linear econometric model. We examine the potential compatibility between this type of econometric...
Persistent link: https://www.econbiz.de/10013026409
Persistent link: https://www.econbiz.de/10003847504
We provide new results regarding the identification of peer effects. We consider an extended version of the linear-in-means model where each individual has his own specific reference group. Interactions are thus structured through a social network. We assume that correlated unobservables are...
Persistent link: https://www.econbiz.de/10003538925