NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Information and the Acquisition of Social Network Connections

Toman Barsbai, Victoria Licuanan, Andreas Steinmayr, Erwin Tiongson, Dean Yang

NBER Working Paper No. 27346
Issued in June 2020

---- Acknowledgments ----

For helpful discussions, we thank Christine Binzel, David McKenzie, David Miller, Sharon Maccini, John O’Sullivan, Christoph Trebesch, Justin Valasek, Tricia Yang, and Andy Zapechelnyuk, as well as seminar audiences at U. Illinois (Urbana-Champaign), U. Kiel, U. Paris 1 Panthéon-Sorbonne, U. St Andrews, LMU Munich, U. Hohenheim, Wharton, and UC Davis, and conference participants in Berlin, Edinburgh, Florence, Heidelberg, and Landeck. We received funding from the International Initiative for Impact Evaluation (3ie), grant number OW4/1171. The views expressed in this article are not necessarily those of 3ie or its members. IRB review was provided by the University of Michigan (HUM00087460). We are deeply indebted to CFO’s former Officer-in-Charge Regina Galias, Ivy Miravalles, former Secretary Imelda M. Nicolas, former Undersecretary Gertie A. Tirona, and the whole CFO team for their continuous support. We also thank the PDOS officers and all contributors to the new PDOS modules. We are grateful to Isabel Hernando for excellent project coordination and Alexander Jung, Franziska Paul, and Jennifer Umlas for superb research assistance. Last but not least we thank 3ie for funding, technical review, and support throughout the study. All remaining errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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