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

Timothy Conley, Nirav Mehta, Ralph Stinebrickner and Todd Stinebrickner

No 21418, NBER Working Papers from National Bureau of Economic Research, Inc

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.

JEL-codes: H0 I20 J0 (search for similar items in EconPapers)
Date: 2015-07
New Economics Papers: this item is included in nep-net, nep-soc and nep-ure
Note: ED
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Published as Timothy G. Conley & Nirav Mehta & Ralph Stinebrickner & Todd Stinebrickner, 2024. "Social Interactions, Mechanisms, and Equilibrium: Evidence from a Model of Study Time and Academic Achievement," Journal of Political Economy, vol 132(3), pages 824-866.

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Related works:
Journal Article: Social Interactions, Mechanisms, and Equilibrium: Evidence from a Model of Study Time and Academic Achievement (2024)
Working Paper: Social Interactions, Mechanisms, and Equilibrium: Evidence from a Model of Study Time and Academic Achievement (2018)
Working Paper: Social Interactions, Mechanisms, and Equilibrium: Evidence From a Model of Study Time and Academic Achievement (2017)
Working Paper: Social Interactions, Mechanisms, and Equilibrium: Evidence from a Model of Study Time and Academic Achievement (2017)
Working Paper: How social interactions determine input choices and outcomes in equilibrium: Evidence from a model of study time and academic achievement (2015)
Working Paper: Social Interactions, Mechanisms, and Equilibrium: Evidence from a Model of Study Time and Academic Achievement (2015)
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