@TechReport{iza:izadps:dp3034,
            	author={Grodner, Andrew and Kniesner, Thomas J.},
            	title={Labor Supply with Social Interactions: Econometric Estimates and Their Tax Policy Implications},
            	year={2007},
	month={Sep},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={3034},
            	url={https://www.iza.org/publications/dp3034},
	abstract={Our econometric research allows for a possible response of a person's hours worked to hours typically worked by members of a multidimensional labor market reference group that considers demographics and geographic location. Instrumental variables estimates of the canonical labor supply model expanded to permit social interactions pass a battery of specification checks and indicate positive and economically important spillovers for adult men. Ignoring or incorrectly considering social interactions in male labor supply can mis-estimate the response to tax reform by as much as 60 percent.},
	keywords={labor supply;instrumental variables;reference group;social interactions;social multiplier;PSID},
            }