2009
DOI: 10.1146/annurev.economics.050708.143238
|View full text |Cite
|
Sign up to set email alerts
|

Networks and Economic Behavior

Abstract: Recent analyses of social networks, both empirical and theoretical, are discussed, with a focus on how social networks influence economic behavior, as well as how social networks form. Some challenges of such research are discussed as are some of the important considerations for the literature going forward.

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

0
35
0

Year Published

2013
2013
2020
2020

Publication Types

Select...
4
2
1

Relationship

0
7

Authors

Journals

citations
Cited by 69 publications
(35 citation statements)
references
References 92 publications
0
35
0
Order By: Relevance
“…26 Our analysis has some limitations. In our sample, there are relatively few individuals who left their parents' home and then returned.…”
Section: Discussionmentioning
confidence: 98%
See 1 more Smart Citation
“…26 Our analysis has some limitations. In our sample, there are relatively few individuals who left their parents' home and then returned.…”
Section: Discussionmentioning
confidence: 98%
“…Since the median age of leaving the parental home is around 21-22 for females and 22-24 for males (see, e.g., Iacovou, 2002), we then use the follow-up data in 7 For a general discussion and overview on these issues, see Blume et al (2011), Goldsmith-Pinkham and Imbens (2013), Graham (2015), and Jackson et al (2015). 8 A similar modeling approach is used by Goldsmith-Pinkham and Imbens (2013) and Hsieh and Lee (2014 [18][19][20][21][22][23][24][25][26][27][28] to derive information on nestleaving decisions. In our sample, about 14,000 students are coresidents with parents in Wave I and about half of them leave the nest in Wave III (excluding homeless and those with missing values).…”
Section: Introductionmentioning
confidence: 99%
“…Social ties (or 'links') allow for exchange of valuable information. For example, personal contacts play a large role in information about job opportunities and referrals, suggesting an important effect of social interaction on employment outcomes and wages (see Jackson, 2009, for a review of the literature). Social interaction can also provide other economic opportunities, including trade, favor exchange, or economic support such as risk sharing and other valuable joint endeavors (Angelucci et al, 2012).…”
Section: Social Interactionmentioning
confidence: 99%
“…We consider a number of social outcomes with well-established associations with college attainment, employment, and earnings. Social attributes that we anticipate will largely associate with higher human capital include: number of close friends, due to the known advantage of social networks for employment (Jackson, 2009; Lin, 1999); marriage, due to the established association of marriage with employment and earnings, especially for men (Ahituv & Lerman, 2007; Bardasi & Taylor, 2008; Waite & Lehrer, 2003); and, personality and mental health, because they have been shown to associate with success at work and school (Fletcher, 2010; Hough & Oswald, 2000; Lagerveld et al, 2010; Lerner & Henke, 2008; Luo, Cowell, Musuda, Novak, & Johnsons, 2010; Spenner, 1988). Social attributes that we anticipate to associate with lower human capital include: cohabitation, due to some evidence of its correlation with lower attainment in school and at work (Cohen, 2002; Smock, 2000); and, sexual behavior and fertility, due to their correlations with less educational attainment and employment, especially among women (Braithwaite, Delevi, & Fincham, 2010; Budig & Hodges, 2010; Grogger & Bronars, 1993; Sibulkin & Butler, 2005).…”
Section: Conceptual Modelmentioning
confidence: 99%