arrow
Return

Estimating dynamic local interactions models

delete2007-09-01
delete20
PRE
AI
T
Timothy G. Conley *
G
Giorgio Topa
DOI:10.1016/j.jeconom.2006.09.012delete
deleteOriginal
deleteOriginal request for help
deleteShare
deleteSave
Abstract

Abstract

En 中文
This paper presents empirical methods for studying a class of local interactions models in which agents' transitions are affected by their neighbors' states. We consider an application to urban unemployment and social networks in job search using publicly available cross-section and retrospective data. Most links in our model are local, but some span an entire metropolitan area. Our methods are designed to accommodate the presence of strong cross-sectional dependence arising from these few cross-metro-area links. We also present simple methods to compare data and model spell distributions and to illustrate the model's dynamic properties. (C) 2006 Elsevier B.V. All rights reserved.
Keywords:
local interactions
spatial econometrics
unemployment
AI Summary

AI Summary

Key information extracted from the uploaded paper, including a brief overview, abstract, background, key highlights, visual analysis, and future outlook.

Journal

Journal of Econometrics cover
Journal of Econometrics
IF:
4
Papers:
5.2K
Citations:
3.0W

Organization

No organization information available