The Economic Effects of Social Networks: Evidence from the Housing Market (JPE 2018)

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Contents

Article

Authors Title Journal Year Edition Pages JEL Codes Keywords
Michael Bailey, Ruiqing Cao, Theresa Kuchler, Johannes Stroebel The Economic Effects of Social Networks: Evidence from the Housing Market JPE 2018 6 2224-76 D12, D14, D84, G12, R21 Disagreement, Expectation formation, House price dynamics, Social networks

Article information

Program code Data Readme Method(s) & estimation Data type Data used Origin of data used Software used (Version)
- 0 - not available online - - - de-identified snapshot of all US-based monthly active, Facebook, users from July 1, 2015, demographic information, such as their age and county of residence, as well as the set of other Facebook users they are connected to, analysis restricted to studying housing market behavior of individuals living in Los Angeles county, snapshots from, Acxiom InfoBase, for 2010 and 2012, contemporaneous individual-level information compiled from a large number of sources, e.g., public records, surveys, subscriptions, and warranty registrations, individual-level information on demographics (e.g., age, marital status, education, occupation, income), household size, and homeownership status: for homeowners, also information on housing transactions from public deeds records (e.g., transaction date, transaction price, and mortgage amount), and property details such as property size from public assessor records: Facebook creates a unique, anonymized link to the Acxiom data, based on common characteristics in both data sets USA -

Replication of this study

Authors Title Journal Year Edition Pages JEL Codes Keywords Replication type Replication result [refer to replication type 1 and 2] Raw data Call into question Authors statement

References

DOI: 10.1086/700073 IDEAS: a/ucp/jpolec/doi10.1086-700073.html EconPapers: RePEc:ucp:jpolec:doi:10.1086/700073


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