Citation
Konstantinidi, Antri; Kourtellos, Andros; & Sun, Yiguo (2023). Social threshold regression. Journal of Econometrics. vol. 235 (2) pp. 2057-2081Abstract
This paper develops a threshold social interaction model which introduces group-specific endogenous effects as well as contextual effects into a conventional spatial Durbin model. We propose a two-step GMM estimator for the threshold and regression parameters, derive asymptotic theory, and provide bootstrap inference. Finally, we assess the performance of our methods using a Monte Carlo simulation and provide an empirical application on the role of peer effects on student academic achievement using Add Health data.URL
https://doi.org/10.1016/j.jeconom.2023.02.010Keyword(s)
Social interactionsReference Type
Journal ArticleJournal Title
Journal of EconometricsAuthor(s)
Konstantinidi, AntriKourtellos, Andros
Sun, Yiguo