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network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does … does a poor job in matching real-world networks. We also analyze behaviors on networks, which take networks as given and …
Persistent link: https://www.econbiz.de/10008558948
This note is a companion to the Lilien (lilien) and Modified Lilien (mlilien) commands for computing the relative indices in STATA. The note illustrates the main features of the commands with an application to the structural determinants of regional unemployment.
Persistent link: https://www.econbiz.de/10010796450
To measure income inequality with right censored (topcoded) data, we propose multiple imputation for censored observations using draws from Generalized Beta of the Second Kind distributions to provide partially synthetic datasets analyzed using complete data methods. Estimation and inference...
Persistent link: https://www.econbiz.de/10005761990
The generalized entropy class of inequality indices is derived for Generalized Beta of the Second Kind (GB2) income distributions, thereby providing a full range of top-sensitive and bottom-sensitive measures. An examination of British income inequality in 1994/95 and 2004/05 illustrates the...
Persistent link: https://www.econbiz.de/10005762436
A large literature has studied how peers affect behavior by exploiting the preexisting social network structure only … unique panel dataset that contains detailed information on the network of informal financial transactions before and after a … structure of the network of informal financial transactions among households. Second, we estimate a panel model of peer effects …
Persistent link: https://www.econbiz.de/10011078397
network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic … complements, and participants have either complete or incomplete information about the structure of a random network. Since … for reduced exposure to loss, and 2) uncertainty about the network structure makes it considerably more difficult to …
Persistent link: https://www.econbiz.de/10011086477
Many studies have used self-reported dyadic data without exploiting the pattern of discordant answers. In this paper we propose a maximum likelihood estimator that deals with mis-reporting in a systematic way. We illustrate the methodology using dyadic data on inter-household transfers (gifts...
Persistent link: https://www.econbiz.de/10011094085
well as for the identity of the key player. We study the possibility of testing endogeneity in network formation. We … analysis suggests that greater care should be taken in grounding econometric network models to sound and credible theoretical …
Persistent link: https://www.econbiz.de/10011196642
their connections within the organized crime network, I estimate network effects on gangsters' economic status. Lacking … causality between the economic status and the gangster's position in the network exploiting exogenous exposure to potential pre … gangsters' importance in- side the network (called centrality) but not the preference for specific housing needs. A standard …
Persistent link: https://www.econbiz.de/10010739413
This research introduces an agent-based simulation model representing the dynamic processes of cooperative R&D in the manufacturing sector of South Korea. Firms' behavior is defined according to empirical findings on the Korean Innovation Survey 2005 and captured in a multivariate probit...
Persistent link: https://www.econbiz.de/10010884320