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Social Interactions, Mechanisms, and Equilibrium: Evidence from a Model of Study Time and Academic Achievement / Timothy Conley, Nirav Mehta, Ralph Stinebrickner, Todd Stinebrickner.
- Format:
- Book
- Author/Creator:
- Conley, Timothy.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w21418.
- NBER working paper series no. w21418
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Social Interactions, Mechanisms, and Equilibrium
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2015.
- Summary:
- We develop and estimate a model of student study time choices on a social network. The model is designed to exploit unique data collected in the Berea Panel Study. Study time data allow us to quantify an intuitive mechanism for academic social interactions: own study time may depend on friend study time in a heterogeneous manner. Social network data allow us to embed study time and resulting academic achievement in an estimable equilibrium framework. We develop a specification test that exploits the equilibrium nature of social interactions and use it to show that novel study propensity measures mitigate econometric endogeneity concerns.
- Notes:
- Print version record
- July 2015.
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