This paper provides a systematic analysis of identification in linear social interactions models. This is both a theoretical and an econometric exercise as the analysis is linked to a rigorously delineated model of interdependent decisions. We develop an incomplete information game that...

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...

This paper proposes some new measures of intergenerational persistence based on the idea of characterizing the memory of origin in the stochastic process that links the socioeconomic classes of parents and children. We introduce "memory curves" for all future generations given any initial...

Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.

Stage 1. Assessing the problems and defining the main policy orientations -- Stage 2. Designing a solution-oriented intervention system -- Stage 3. Specifying objectives and matching these with instruments -- Stage 4. Implementing actions and delivering results -- Stage 5. Checking effectiveness...

Globalization has been accused of being the source of many problems. Some claim that this would justify a fundamental change of the EU regime that takes international competitiveness of the economy as its point of departure. This would have consequences for the present set-up of the EU cohesion...