| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11332 |
| DP11332 Consumption Network Effects | |
| Giacomo DE GIORGI; Luigi Pistaferri | |
| 发表日期 | 2016-06-15 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | In this paper we study the relevance and mechanics of consumption network effects. We use long panel data on the entire Danish population to construct a measure of consumption based on administrative tax records, and define the peer groups in terms of workplace, occupation, education, and age. We then apply an IV strategy, and fixed effect models, to recover the effects. Our instruments arise naturally from the network structure and firms shocks. The estimated effects are statistically significant and relevant for policies as they generate non- negligible multiplier effect. Further, the results are consistent with a Keeping-upmodel. |
| 主题 | Labour Economics |
| URL | https://cepr.org/publications/dp11332 |
| 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/540148 |
| 推荐引用方式 GB/T 7714 | Giacomo DE GIORGI,Luigi Pistaferri. DP11332 Consumption Network Effects. 2016. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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