Econometrics of network models

Date: 2015-09
By: Áureo de Paula (Institute for Fiscal Studies and University College London)
URL: http://d.repec.org/n?u=RePEc:ifs:cemmap:52/15&r=net
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.
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