Peer Effects in the Demand for Housing Quality

Author(s)/Creator(s)

Eleonora Patacchini, Syracuse UniversityFollow
Giuseppe Venanzoni-Sapienza, University of RomeFollow

Description/Abstract

Using detailed data on friendship networks within neighborhoods, we investigate the importance of social interactions in one's own residential neighborhood in the demand for housing quality. We find evidence consistent with the presence of peer effects, especially for households living in urban areas. Our findings are in line with the prediction of a model where conformity preferences are the key element underlying economic outcomes that involve interactions with peers.

Document Type

Working Paper

Date

9-2013

Keywords

Social Networks, Linear-In-Means Model, Spatial Autoregressive Model, Social Norms

Language

English

Funder(s)

Eunice Kennedy Shriver National Institute of Child Health and Human Development

Funding ID

P01-HD31921

Series

Working Papers Series

Disciplines

Economic Policy | Economics | Public Affairs, Public Policy and Public Administration

ISSN

1525-3066

Additional Information

Working paper no. 158

Recommended Citation

Patacchini, Eleonora and Venanzoni-Sapienza, Giuseppe, "Peer Effects in the Demand for Housing Quality" (2013). Center for Policy Research. 391.
https://surface.syr.edu/cpr/391

Source

Local Input

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.