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...

Full description

Autores:
de Roux, Nicolás
Riehl, Evan
Tipo de recurso:
Work document
Fecha de publicación:
2019
Institución:
Universidad de los Andes
Repositorio:
Séneca: repositorio Uniandes
Idioma:
spa
OAI Identifier:
oai:repositorio.uniandes.edu.co:1992/41098
Acceso en línea:
http://hdl.handle.net/1992/41098
Palabra clave:
College selectivity
Peer effects
Returns to education
I23, I26, J24
Rights
openAccess
License
http://creativecommons.org/licenses/by-nc-nd/4.0/
Description
Summary: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.