Be as careful of the books you read as of the company you keep: evidence on peer effects in educational choices
"In this paper we investigate whether peers' behavior influences the choice of college major. Using a unique dataset of students at Bocconi University and exploiting the organization of teaching at this institution, we are able to identify the endogenous effect of peers on such decision th...
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| Format: | Electronic eBook |
|---|---|
| Language: | English |
| Published: |
Bonn
IZA
2007
|
| Series: | Discussion paper series / IZA
2833 |
| Subjects: | |
| Online Access: | Volltext http://d-nb.info/988080168/34 https://nbn-resolving.org/urn:nbn:de:101:1-2008032811 |
| Summary: | "In this paper we investigate whether peers' behavior influences the choice of college major. Using a unique dataset of students at Bocconi University and exploiting the organization of teaching at this institution, we are able to identify the endogenous effect of peers on such decision through a novel identification strategy which solves the common econometric problems of studies of social interactions. Results show that, indeed, one is more likely to choose a major when many of her peers make the same choice. We estimate that, when it diverts students from majors in which they seem to have a relative ability advantage, this effect leads to lower average grades and graduation mark, a penalty that could cost up to 1,117 USD a year in the labor market"--Forschungsinstitut zur Zukunft der Arbeit web site. |
| Physical Description: | 1 Online-Ressource |
Staff View
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| index_date | 2024-07-02T21:05:11Z |
| indexdate | 2024-07-09T21:16:36Z |
| institution | BVB |
| language | English |
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| spelling | Be as careful of the books you read as of the company you keep evidence on peer effects in educational choices Forschungsinstitut zur Zukunft der Arbeit. Giacomo De Giorgi ... Bonn IZA 2007 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Discussion paper series / IZA 2833 "In this paper we investigate whether peers' behavior influences the choice of college major. Using a unique dataset of students at Bocconi University and exploiting the organization of teaching at this institution, we are able to identify the endogenous effect of peers on such decision through a novel identification strategy which solves the common econometric problems of studies of social interactions. Results show that, indeed, one is more likely to choose a major when many of her peers make the same choice. We estimate that, when it diverts students from majors in which they seem to have a relative ability advantage, this effect leads to lower average grades and graduation mark, a penalty that could cost up to 1,117 USD a year in the labor market"--Forschungsinstitut zur Zukunft der Arbeit web site. College majors Peer pressure De Giorgi, Giacomo Sonstige (DE-588)128680717 oth IZA Discussion paper series 2833 (DE-604)BV012263912 2833 ca. 0,4 MB http://ftp.iza.org/dp2833.pdf Verlag kostenfrei Volltext http://d-nb.info/988080168/34 Langzeitarchivierung Nationalbibliothek https://nbn-resolving.org/urn:nbn:de:101:1-2008032811 Resolving-System |
| spellingShingle | Be as careful of the books you read as of the company you keep evidence on peer effects in educational choices College majors Peer pressure |
| title | Be as careful of the books you read as of the company you keep evidence on peer effects in educational choices |
| title_auth | Be as careful of the books you read as of the company you keep evidence on peer effects in educational choices |
| title_exact_search | Be as careful of the books you read as of the company you keep evidence on peer effects in educational choices |
| title_exact_search_txtP | Be as careful of the books you read as of the company you keep evidence on peer effects in educational choices |
| title_full | Be as careful of the books you read as of the company you keep evidence on peer effects in educational choices Forschungsinstitut zur Zukunft der Arbeit. Giacomo De Giorgi ... |
| title_fullStr | Be as careful of the books you read as of the company you keep evidence on peer effects in educational choices Forschungsinstitut zur Zukunft der Arbeit. Giacomo De Giorgi ... |
| title_full_unstemmed | Be as careful of the books you read as of the company you keep evidence on peer effects in educational choices Forschungsinstitut zur Zukunft der Arbeit. Giacomo De Giorgi ... |
| title_short | Be as careful of the books you read as of the company you keep |
| title_sort | be as careful of the books you read as of the company you keep evidence on peer effects in educational choices |
| title_sub | evidence on peer effects in educational choices |
| topic | College majors Peer pressure |
| topic_facet | College majors Peer pressure |
| url | http://ftp.iza.org/dp2833.pdf http://d-nb.info/988080168/34 https://nbn-resolving.org/urn:nbn:de:101:1-2008032811 |
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