, even though displacement episodes early in children’s lives have the largest impacts on household income (because they … persist for many years), displacement episodes occurring in the children’s teenage years have the largest effects on human … capital accumulation. We show that most of the effects operate through the intensive margin of schooling, and that children …

, even though displacement episodes early in children's lives have the largest impacts on household income (because they … persist for many years), displacement episodes occurring in the children's teenage years have the largest effects on human … capital accumulation. We show that most of the effects operate through the intensive margin of schooling, and that children …

This paper investigates how exposure to higher-achieving male and female peers in university affects students’ major … choices and labor market outcomes. For identification of causal effects, we exploit the random assignment of students to …

achievement. We exploit random assignment of students to university sections and find that students perform better in the presence … of more persistent peers and more risk-averse peers. In particular, low-persistence students benefit from highly …-persistent peers without devoting additional efforts to studying. However, highly-persistent students are not affected by the …

achievement. We exploit random assignment of students to university sections and find that students perform better in the presence … of more persistent peers and more risk-averse peers. In particular, low-persistence students benefit from highly …-persistent peers without devoting additional efforts to studying. However, highly-persistent students are not affected by the …