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

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.

ISSN

1525-3066

Additional Information

Working paper no. 158

Source

Local Input

Creative Commons License

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

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