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Previous studies have shown the impact of family, community, and ethnic networks on migration. Our research focuses on the role of social networks in Hungarian internal migration. We examine the factors determining out-migration rate from municipalities, and the factors influencing location...
Persistent link: https://www.econbiz.de/10012016471
We report experimental evidence on the effect of observability of actions on bank runs. We model depositors' decision-making in a sequential framework, with three depositors located at the nodes of a network. Depositors observe the other depositors' actions only if connected by the network....
Persistent link: https://www.econbiz.de/10010222336