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Econometrics of network models

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  • Áureo de Paula

    (Institute for Fiscal Studies and University College London)

Abstract

In this article I provide a (selective) review of the recent econometric literature on networks. I start with a discussion of developments in the econometrics of group interactions. I subsequently provide a description of statistical and econometric models for network formation and approaches for the joint determination of networks and interactions mediated through those networks. Finally, I give a very brief discussion of measurement issues in both outcomes and networks. My focus is on identification and computational issues, but estimation aspects are also discussed.

Suggested Citation

  • Áureo de Paula, 2015. "Econometrics of network models," CeMMAP working papers CWP52/15, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
  • Handle: RePEc:ifs:cemmap:52/15
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    1. Carlos Castro & Juan S. Ordoñez & Sergio Preciado, 2016. "Network externalities across financial institutions," Documentos de Trabajo 014287, Universidad del Rosario.
    2. Bryan S. Graham, 2017. "An Econometric Model of Network Formation With Degree Heterogeneity," Econometrica, Econometric Society, vol. 85, pages 1033-1063, July.
    3. Susanne M. Schennach, 2018. "Long Memory via Networking," Econometrica, Econometric Society, vol. 86(6), pages 2221-2248, November.
    4. Anton Badev, 2021. "Nash Equilibria on (Un)Stable Networks," Econometrica, Econometric Society, vol. 89(3), pages 1179-1206, May.
    5. Halleck-Vega, Solmaria & Mandel, Antoine & Millock, Katrin, 2018. "Accelerating diffusion of climate-friendly technologies: A network perspective," Ecological Economics, Elsevier, vol. 152(C), pages 235-245.
    6. Baris Ata & Alexandre Belloni & Ozan Candogan, 2018. "Latent Agents in Networks: Estimation and Pricing," Papers 1808.04878, arXiv.org, revised Dec 2018.
    7. Bryan S. Graham, 2016. "Homophily and transitivity in dynamic network formation," CeMMAP working papers CWP16/16, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    8. Vincent Boucher, 2017. "The Estimation of Network Formation Games with Positive Spillovers," Cahiers de recherche 1710, Centre de recherche sur les risques, les enjeux économiques, et les politiques publiques.
    9. George Judge, 2016. "Econometric Information Recovery in Behavioral Networks," Econometrics, MDPI, Open Access Journal, vol. 4(3), pages 1-11, September.
    10. Eric Auerbach, 2019. "Identification and Estimation of a Partially Linear Regression Model using Network Data," Papers 1903.09679, arXiv.org, revised Jun 2021.

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