Social Interactions, Mechanisms, and Equilibrium: Evidence from a Model of Study Time and Academic Achievement

Working Paper: NBER ID: w21418

Authors: Timothy Conley; Nirav Mehta; Ralph Stinebrickner; Todd Stinebrickner

Abstract: 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.

Keywords: Peer Effects; Study Time; Academic Achievement; Social Networks

JEL Codes: H0; I20; J0


Causal Claims Network Graph

Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.


Causal Claims

CauseEffect
Friend study time (Y60)Student's own study time (A00)
Student's own study time (A00)Academic achievement (I23)
Friend study time (Y60)Academic achievement (I23)
Student characteristics (I21)Response to friend study time (C92)
Network structure and homophilous sorting (D85)Propagation of peer influences (C92)

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