| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w22756
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| 来源ID | Working Paper 22756
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| Endogenous Network Formation in Congress |
| Nathan Canen; Francesco Trebbi
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| 发表日期 | 2016-10-24
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| 出版年 | 2016
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| 语种 | 英语
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| 摘要 | This paper presents and structurally estimates a model of endogenous network formation and legislative activity of career-motivated politicians. Employing data on socialization and legislative effort of members of the 105th-110th U.S. Congresses, our model reconciles a set of empirical regularities, including: recent trends in Congressional productivity; the complementarity of socialization processes and legislative activities in the House of Representatives; substantial heterogeneity across legislators in terms of effort and success rate in passing specific legislation. We avoid taking the social structure of Congress as exogenously given and instead embed it in a model of endogenous network formation useful for developing relevant counterfactuals, including some pertinent to the congressional emergency response to the 2008-09 financial crisis. Our counterfactual analysis further demonstrates how to empirically identify the specific equilibrium at play within each Congress among the multiple equilibria typically present in this class of games. |
| 主题 | Other
; Economic Systems
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| URL | https://www.nber.org/papers/w22756
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580429
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推荐引用方式
GB/T 7714 |
Nathan Canen,Francesco Trebbi. Endogenous Network Formation in Congress. 2016.
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文件名：
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w22756.pdf
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格式：
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Adobe PDF
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