Isolating Peer Effects in the Returns to College Selectivity

This paper asks how a student¿s classmates affect her returns to college. We exploit a ¿tracking¿ admission system at a selective Colombian university that led to large differences in mean classmate ability for students in the same programs. In a regression discontinuity design, we find that student...

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Detalles Bibliográficos
Autores Principales: de Roux, Nicolás, Riehl, Evan
Formato: Desconocido (Unknown)
Lenguaje:Español (Spanish)
Publicado: Universidad de los Andes, Facultad de Economía, CEDE 2020
Materias:
Acceso en línea:http://hdl.handle.net/1992/41098
Descripción
Sumario:This paper asks how a student¿s classmates affect her returns to college. We exploit a ¿tracking¿ admission system at a selective Colombian university that led to large differences in mean classmate ability for students in the same programs. In a regression discontinuity design, we find that students in higher-ability classes were more likely to fail courses and drop out, and had lower earnings one decade later. Testable predictions from a human capital model with peer externalities show that individuals learned less in more able classrooms. Our findings suggest that exposure to higher-ability college peers can harm an individual¿s career trajectory.