Showing 1 - 10 of 10
A large literature has studied how peers affect behavior by exploiting the preexisting social network structure only. What if networks rewire in response to changes in the economic environment, such as a randomized intervention? We exploit a unique panel dataset that contains detailed...
Persistent link: https://www.econbiz.de/10013043671
By incorporating occupational choice into a theory of endogenous fertility, this paper provides an explanation of observed patterns linking parental incomes to fertility. Our approach does not rely on assumptions concerning the relative strength of substitution and wealth effects in parental...
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This paper introduces endogenous fertility into a model of occupational choice, and studies its steady states. Three main results are obtained. First, despite the presence of both income and substitution effects in fertility choice, general equilibrium effects operating via endogenous wages in...
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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/10010440543
This paper illustrates a procedure to estimate externalities from indirect connections (so-called network externalities) using network data. This structural approach is suitable for static games of endogenous network formation with partial information, and relies on the equilibrium conditions of...
Persistent link: https://www.econbiz.de/10012707152
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