Author: Patrick J. Bayer
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 64
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Book Description
Researchers have long recognized that the non-random sorting of individuals into groups generates correlation between individual and group attributes that is likely to bias naïve estimates of both individual and group effects. This paper proposes a non-parametric strategy for identifying these effects in a model that allows for both individual and group unobservables, applying this strategy to the estimation of neighborhood effects on labor market outcomes. The first part of this strategy is guided by a robust feature of the equilibrium in vertical sorting models - a monotonic relationship between neighborhood housing prices and neighborhood quality. This implies that under certain conditions a non-parametric function of neighborhood housing prices serves as a suitable control function for the neighborhood unobservable in the labor market outcome regression. This control function transforms the problem to a model with one unobservable so that traditional instrumental variables solutions may be applied. In our application, we instrument for each individual's observed neighborhood attributes with the average neighborhood attributes of a set of observationally identical individuals. The neighborhood effects model is estimated using confidential microdata from the 1990 Decennial Census for the Boston MSA. The results imply that the direct effects of geographic proximity to jobs, neighborhood poverty rates, and average neighborhood education are substantially larger than the conditional correlations identified using OLS, although the net effect of neighborhood quality on labor market outcomes remains small. These findings are robust across a wide variety of specifications and robustness checks.
Author: Patrick Bayer
Publisher:
ISBN:
Category :
Languages : en
Pages : 43
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Book Description
Author: Jess Benhabib
Publisher: Newnes
ISBN: 0444537139
Category : Business & Economics
Languages : en
Pages : 1509
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Book Description
How can economists define and measure social preferences and interactions? Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Identifying economic strains in activities such as learning, group formation, discrimination, and the creation of peer dynamics, they demonstrate how they tease out social preferences from the influences of culture, familial beliefs, religion, and other forces. Advances our understanding about quantifying social interactions and the effects of culture Summarizes research on theoretical and applied economic analyses of social preferences Explores the recent willingness among economists to consider new arguments in the utility function
Author: M. J. Koopman
Publisher: IOS Press
ISBN: 1614990328
Category : Business & Economics
Languages : en
Pages : 226
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Book Description
Originally presented as the author's thesis (doctoral)--Delft University of Technology, Delft, 2012.
Author: Yannis Ioannides
Publisher: Princeton University Press
ISBN: 0691126852
Category : Business & Economics
Languages : en
Pages : 537
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Book Description
Just as we learn from, influence, and are influenced by others, our social interactions drive economic growth in cities, regions, and nations--determining where households live, how children learn, and what cities and firms produce. From Neighborhoods to Nations synthesizes the recent economics of social interactions for anyone seeking to understand the contributions of this important area. Integrating theory and empirics, Yannis Ioannides explores theoretical and empirical tools that economists use to investigate social interactions, and he shows how a familiarity with these tools is essential for interpreting findings. The book makes work in the economics of social interactions accessible to other social scientists, including sociologists, political scientists, and urban planning and policy researchers. Focusing on individual and household location decisions in the presence of interactions, Ioannides shows how research on cities and neighborhoods can explain communities' composition and spatial form, as well as changes in productivity, industrial specialization, urban expansion, and national growth. The author examines how researchers address the challenge of separating personal, social, and cultural forces from economic ones. Ioannides provides a toolkit for the next generation of inquiry, and he argues that quantifying the impact of social interactions in specific contexts is essential for grasping their scope and use in informing policy. Revealing how empirical work on social interactions enriches our understanding of cities as engines of innovation and economic growth, From Neighborhoods to Nations carries ramifications throughout the social sciences and beyond.
Author: Yunsong Chen
Publisher: Springer Nature
ISBN: 9811959129
Category : Social Science
Languages : en
Pages : 485
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Book Description
This book presents a series of studies focusing on the role of social capital in the labor market and beyond. Using the effect of individual social capital on labor markets as an example, this book pays special attention to the origins of and solutions to the endogeneity problem. It uses several identification strategies to systematically test for the causal effects of social capital. First, this book constitutes the first attempt to offer a systematic account of the progress made by social scientists in improving causal inferences into the role of social capital in labor markets. Second, the book adopts specialized approaches—both classical and new—toward different sources of endogeneity. Incorporating the latest research from outside fields, such as economics, into sociological research is a small but significant methodological innovation. Third, in addition to empirical research, this book undertakes an innovative exploration of the theory of social capital. It creatively explains the dynamic evolution of social capital, which helps balance objectivism and subjectivism when analyzing interpersonal actions. For sociologists who focus on quantitative research methods and social capital, scholars who study Chinese societies, and related students, this book provides both advanced methods and rich empirical research.
Author: Jess Benhabib
Publisher: Elsevier
ISBN: 0444537155
Category : Social Science
Languages : en
Pages : 569
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Book Description
How do economists understand and measure normal social phenomena? Identifying economic strains in activities such as learning, group formation, discrimination, and peer dynamics requires sophisticated data and tools as well as a grasp of prior scholarship. In this volume leading economists provide an authoritative summary of social choice economics, from norms and conventions to the exchange of discrete resources. Including both theoretical and empirical perspectives, their work provides the basis for models that can offer new insights in applied economic analyses. Reviews the recent approaches that enable economists to separate influences of culture from those caused by economic and institutional environments Explores the recent willingness among economists to consider new arguments in the utility function Presumes that these investigations can eventually be translated into policies
Author: Nancy Brooks
Publisher: Oxford University Press
ISBN: 0195380622
Category : Business & Economics
Languages : en
Pages : 1027
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Book Description
This volume embodies a problem-driven and theoretically informed approach to bridging frontier research in urban economics and urban/regional planning. The authors focus on the interface between these two subdisciplines that have historically had an uneasy relationship. Although economists were among the early contributors to the literature on urban planning, many economists have been dismissive of a discipline whose leading scholars frequently favor regulations over market institutions, equity over efficiency, and normative prescriptions over positive analysis. Planners, meanwhile, even as they draw upon economic principles, often view the work of economists as abstract, not sensitive to institutional contexts, and communicated in a formal language spoken by few with decision making authority. Not surprisingly, papers in the leading economic journals rarely cite clearly pertinent papers in planning journals, and vice versa. Despite the historical divergence in perspectives and methods, urban economics and urban planning share an intense interest in many topic areas: the nature of cities, the prosperity of urban economies, the efficient provision of urban services, efficient systems of transportation, and the proper allocation of land between urban and environmental uses. In bridging this gap, the book highlights the best scholarship in planning and economics that address the most pressing urban problems of our day and stimulates further dialog between scholars in urban planning and urban economics.
Author: Eleonora Canepari
Publisher: Viella Libreria Editrice
ISBN: 8833134318
Category : History
Languages : en
Pages : 245
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Book Description
The object of this book is intra-urban mobility, namely the diverse forms of mobility occuring within a city: from residential mobility to daily mobility, the latter understood both as commuting and as urban travel for leisure. The specific aim of the volume is to explore mobility in the city at different times, from the XVIIth century to today, and to relate it to the respective social dynamics from different standpoints, moving back and forth from the building to the neighbourhood and the wider metropolis, from Tunis to Paris, from Naples to Barcelone, passing through Rome, Milan and Marseille. The approach adopted is strongly multidisciplinary. The authors come from different disciplines - from History to Demography, from Sociology to Geography -, which has allowed to decline the study of intra-urban mobility both through a look at individuals and their mobility practices and from a territorial and historical context. In so doing, a set of urban issues has been considered, such as social mobility, metropolization processes, migrations and inequalities, access to real estate market.
Author: Gilles Duranton
Publisher: Elsevier
ISBN: 0444595392
Category : Business & Economics
Languages : en
Pages : 2064
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Book Description
Developments in methodologies, agglomeration, and a range of applied issues have characterized recent advances in regional and urban studies. Volume 5 concentrates on these developments while treating traditional subjects such as housing, the costs and benefits of cities, and policy issues beyond regional inequalities. Contributors make a habit of combining theory and empirics in each chapter, guiding research amid a trend in applied economics towards structural and quasi-experimental approaches. Clearly distinguished from the New Economic Geography covered by Volume 4, these articles feature an international approach that positions recent advances within the discipline of economics and society at large. Emphasizes advances in applied econometrics and the blurring of "within" and "between" cities Promotes the integration of theory and empirics in most chapters Presents new research on housing, especially in macro and international finance contexts
