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Peer-Induced Beliefs Regarding College Participation

Author: Vincent Boucher; Finagnon A Dedewanou; Arnaud Dufays
Publisher: Québec, QC, CA : Centre de recherche sur les risques les enjeux économiques et les politiques publiques, 2018.
Edition/Format:   eBook : Document : English
Summary:
We study peer effects on the formation of beliefs regarding college participation. We present a structural model of learning in friendship networks. We show that the model is identified and we present a Bayesian estimation procedure. We estimate the model using data on teenagers' beliefs regarding college participation, controlling for preferences and academic achievement. We find that, on average, friends' beliefs  Read more...
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Genre/Form: Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Vincent Boucher; Finagnon A Dedewanou; Arnaud Dufays
OCLC Number: 1056729699
Description: 1 online resource (41 pages)
Responsibility: Vincent Boucher.
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Abstract:

We study peer effects on the formation of beliefs regarding college participation. We present a structural model of learning in friendship networks. We show that the model is identified and we present a Bayesian estimation procedure. We estimate the model using data on teenagers' beliefs regarding college participation, controlling for preferences and academic achievement. We find that, on average, friends' beliefs account for about 12% of the updating process. We also find strong heterogeneity among schools and individuals. In particular, we find substantial unobserved individual heterogeneity, which casts doubt on the efficiency of network-targeted public policies.

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