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Luis Candelaria


LEC
Contact Details:

Department of Economics
University of Warwick
Coventry, CV4 7AL
United Kingdom

Email: L.Candelaria@warwick.ac.uk

Office: Social Sciences, S1.122

Assistant Professor

I am an Assistant Professor in the Department of Economics at the University of Warwick.

I obtained a Ph.D. in Economics from Duke University in May 2017.

Please find a copy of my CV here.


Research Interests

Econometrics with a focus on Semiparametric Methods, Social Networks, and Panel Data Models.


Publication

Forthcoming at Journal of Econometrics.

Replication code is available here.

Working Papers

Abstract:

This paper analyzes a semiparametric model of network formation in the presence of unobserved agent-specific heterogeneity. Its objective is to identify and estimate the preference parameters associated with homophily on observed attributes when the distributions of the unobserved factors are not parametrically specified. This paper offers two main contributions to the literature on network formation. First, it establishes a new point identification result for the vector of parameters that relies on the existence of a special regressor. The identification proof is constructive and characterizes a closed form for the parameter of interest. Second, it introduces a simple two-step semiparametric estimator for the vector of parameters with a first-step kernel estimator. This estimator is computationally tractable and can be applied to both dense and sparse networks. Moreover, I show that the estimator is consistent and has a limiting normal distribution as the number of individuals in the network increases. Monte Carlo experiments demonstrate that the estimator performs well in finite samples and in networks with different levels of sparsity. Finally, the paper applies this methodology to estimate the homophily parameters in a friendship network using the Add Health dataset.


Teaching

MRes in Economics


Administrative Responsibilities