| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5232 |
| DP5232 Non-stationary Hours in a DSGE Model | |
| Yongsung Chang; Frank Schorfheide; Taeyoung Doh | |
| 发表日期 | 2005-09-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | This paper studies whether structural properties of friendship networks affect individual outcomes in education and crime. We first develop a model that shows that, at the Nash equilibrium, the outcome of each individual embedded in a network is proportional to her Bonacich centrality measure. This measure takes into account both direct and indirect friends of each individual but puts less weight on her distant friends. Using a very detailed dataset of adolescent friendship networks, we show that, after controlling for observable individual characteristics and unobservable network specific factors, the individual's position in a network (as measured by her Bonacich centrality) is a key determinant of her level of activity. A standard deviation increase in the Bonacich centrality increases the level of individual delinquency by 45% of one standard deviation and the pupil school performance by 34% of one standard deviation. |
| 主题 | Labour Economics ; Public Economics |
| 关键词 | Centrality measure Peer influence Network structure Delinquency School performance |
| URL | https://cepr.org/publications/dp5232 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534104 |
| 推荐引用方式 GB/T 7714 | Yongsung Chang,Frank Schorfheide,Taeyoung Doh. DP5232 Non-stationary Hours in a DSGE Model. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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