Identification of Social Interactions
TLDR
A critical overview of the identification of social interactions can be found in this article, where the authors consider linear and discrete choice models as well as social networks structures and also consider experimental and quasi-experimental methods.Abstract:
While interest in social determinants of individual behavior has led to a rich theoretical literature and many efforts to measure these influences, a mature “social econometrics” has yet to emerge. This chapter provides a critical overview of the identification of social interactions. We consider linear and discrete choice models as well as social networks structures. We also consider experimental and quasi-experimental methods. In addition to describing the state of the identification literature, we indicate areas where additional research is especially needed and suggest some directions that appear to be especially promising.read more
Citations
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Homophily and Contagion Are Generically Confounded in Observational Social Network Studies.
TL;DR: In this article, the authors consider processes on social networks that can potentially involve homophily, or the formation of social ties due to matching individual traits; social contagion, also known as social influence; and the causal effect of an individual's covariates on his or her behavior or other measurable responses.
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How Deep Are the Roots of Economic Development
Enrico Spolaore,Romain Wacziarg +1 more
TL;DR: A growing body of new empirical work focuses on the measurement and estimation of the effects of historical variables on contemporary income by explicitly taking into account the ancestral composition of current populations as mentioned in this paper.
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Imprisonment and crime
TL;DR: In this article, the authors argue that it is a realistic possibility that crime, prison costs, and imprisonment numbers can be simultaneously reduced by sanction policies that reduce both crime and punishment with the desirable feature of avoiding both costs of crime and the costs of administering punishment.
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Grouped Patterns of Heterogeneity in Panel Data
Stéphane Bonhomme,Elena Manresa +1 more
TL;DR: In this paper, the authors introduce time-varying grouped patterns of heterogeneity in linear panel data models, and apply their approach to study the link between income and democracy across countries.
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Empirical Tests of the Pollution Haven Hypothesis When Environmental Regulation is Endogenous
Daniel L. Millimet,Jayjit Roy +1 more
TL;DR: In this article, the authors circumvent the lack of a traditional instrument within a model incorporating geographic spillovers utilizing three novel identification strategies, and consistently find evidence of environmental regulation being endogenous, a negative impact of own environmental regulation on inbound FDI in pollution-intensive sectors, particularly when measured by employment, and larger effects of environmental regulations once endogeneity is addressed.
References
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Social Capital in the Creation of Human Capital
TL;DR: In this paper, the concept of social capital is introduced and illustrated, its forms are described, the social structural conditions under which it arises are examined, and it is used in an analys...
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A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity
TL;DR: In this article, a parameter covariance matrix estimator which is consistent even when the disturbances of a linear regression model are heteroskedastic is presented, which does not depend on a formal model of the structure of the heteroSkewedness.
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Sample Selection Bias as a Specification Error
TL;DR: In this article, the bias that results from using non-randomly selected samples to estimate behavioral relationships as an ordinary specification error or "omitted variables" bias is discussed, and the asymptotic distribution of the estimator is derived.