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作者

来源

来源 JOURNAL OF URBAN ECONOMICS,Vol.83,P.6-17

语言

英文

关键字

A14;C21;D85;R21;Z13;Social networks;Linear-in-means model;Spatial autoregressive model;Social norms

作者单位

Cornell University, United States;EIEF, Italy;CEPR, UK;Sapienza University of Rome, Italy;Cornell University, United States;EIEF, Italy;CEPR, UK;Sapienza University of Rome, Italy

摘要

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 underlie economic outcomes that involve interactions with peers.