Helmers, Christian; Patnam, Manasa - In: Quantitative economics : QE ; journal of the … 5 (2014) 1, pp. 67-121
structure allows us to identify endogenous peer effects and contextual effects separately. We exploit variation over time to … reject full risk-sharing, but cannot rule out the existence of partial risk-sharing on behalf of peers. We show that peer … effects are robust to different specifications of peer interactions and investigate the sensitivity of our estimates to …