The DOI matches its Crossref record; 35 of the 35 references it cites were found in a registry or an index.
Social Interactions, Local Spillovers and Unemployment
Abstract
I analyse a model that explicitly incorporates local interactions and allows agents to exchange information about job openings within their social networks. Agents are more likely to be employed if their social contacts are also employed. The model generates a stationary distribution of unemployment that exhibits positive spatial correlations. I estimate the model via an indirect inference procedure, using Census Tract data for Chicago. I find a significantly positive amount of social interactions across neighbouring tracts. The local spillovers are stronger for areas with less educated workers and higher fractions of minorities. Furthermore, they are shaped by ethnic dividing lines and neighbourhood boundaries.
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Cites
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A Simple Model of Herd Behavior
Banerjee, A. V. (1992) · The Quarterly Journal of Economics · doi:10.2307/2118364 · Cited by 6,556
Identification of Endogenous Social Effects: The Reflection Problem
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(2016) · Foundations of Physically Based Modeling and Animation · doi:10.1201/9781315373140-16 · Cited by 3,267
GMM Estimation with Cross Sectional Dependence
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The Effects of Social Networks on Employment and Inequality
Calvó-Armengol, A., & Jackson, M. O. (2004) · American Economic Review · doi:10.1257/0002828041464542 · Cited by 1,051
Peer effects in the diffusion of solar photovoltaic panels
Bollinger, B., & Gillingham, K. (2012) · Marketing Science · doi:10.1287/mksc.1120.0727 · Cited by 1,013
Beaman, L. A. (2012) · The Review of Economic Studies · doi:10.1093/restud/rdr017 · Cited by 438
Do Political Protests Matter? Evidence from the Tea Party Movement*
Madestam, A., Shoag, D., Veuger, S., & Yanagizawa-Drott, D. (2013) · The Quarterly Journal of Economics · doi:10.1093/qje/qjt021 · Cited by 431
State Capacity and Economic Development: A Network Approach
Acemoglu, D., García-Jimeno, C., & Robinson, J. A. (2015) · American Economic Review · doi:10.1257/aer.20140044 · Cited by 394
Metadata
- Authors
- Topa, G.
- Venue
- The Review of Economic Studies
- Publisher
- Oxford University Press (OUP)
- Published
- 2001-04-01
- Volume
- 68
- Issue
- 2
- Pages
- 261-295
- ISSN
- 0034-6527 (ISSN-L)
- 1467-937X
- OpenAlex
- W1981551269
- Cited by
- 733
- References
- 35
- FWCI
- 103.37
- Type
- journal article
- Language
- en
- Open access
- closed
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