Description
Book SynopsisThis volume in
Advances in Econometrics showcases fresh methodological and empirical research on the econometrics of networks. Comprising both theoretical, empirical and policy papers, the authors bring together a wide range of perspectives to facilitate a dialogue between academics and practitioners for better understanding this groundbreaking field and its role in policy discussions.
This edited collection includes thirteen chapters which covers various topics such as identification of network models, network formation, networks and spatial econometrics and applications of financial networks. Readers can also learn about network models with different types of interactions, sample selection in social networks, trade networks, stochastic dynamic programming in space, spatial panels, survival and networks, financial contagion, spillover effects, interconnectedness on consumer credit markets and a financial risk meter.
The topics covered in the book, centered on the econometrics of data and models, are a valuable resource for graduate students and researchers in the field. The collection is also useful for industry professionals and data scientists due its focus on theoretical and applied works.
Table of ContentsSection 1: Identification of Network ModelsChapter 1. Identification and Estimation of Network Models with Different Between and Within-type Interactions;
Tiziano Arduini, Eleonora Patacchini and Edoardo Rainone Chapter 2. Identification Methods for Social Interactions Models with Unknown Networks;
Hon Ho Kwok Chapter 3. Snowball Sampling and Sample Selection in a Social Network;
TszKin Julian Chan Section 2: Network Formation Chapter 4. Trade Networks and the Strength of Strong Ties;
Aureo de Paula Chapter 5. Application and Computation of a Flexible Class of Network Formation Models;
Seth Richards-Shubik Section 3: Networks and Spatial Econometrics Chapter 6. Implementing Faustmann–Marshall–Pressler at Scale: Stochastic Dynamic Programming in Space;
Harry J. Paarsch and John Rust Chapter 7. A Spatial Panel Model of Bank Branches in Canada;
Heng Chen and Matthew Strathearn Chapter 8. Full-information Bayesian Estimation of Cross-sectional Sample Selection Models;
Sophia Ding and Peter Egger Chapter 9. Survival Analysis of Banknote Circulation: Fitness, Network Structure, and Machine Learning;
Diego Rojas, Juan Estrada, Kim Pl Huynh and David T. Jacho-Chavez Section 4: Applications of Financial Networks Chapter 10. Financial Contagion in Cross-holdings Networks: The Case of Ecuador;
Pablo Estrada and Leonardo Sanchez-Aragon Chapter 11. Estimating Spillover Effects with Bilateral Outcomes;
Edoardo Rainone Chapter 12. Interconnectedness through the Lens of Consumer Credit Markets;
Anson T.Y. Ho Chapter 13. FRM Financial Risk Meter;
Andrija Mihoci, Michael Althof, Cathy Yi-Hsuan Chen and Wolfgang Karl Hardle
