Gandelman, Néstor; Balsa, Ana; González, Nicolás - Instituto de Estudios Avanzados en Desarrollo (INESAD) - 2012
Using data on Uruguayan adolescents, we estimate peer effects in risk attitudes. Relative risk aversion is elicited in an experimental setting. Identification is based on parents not being able to choose the class within the school of their choice. After controlling for school-grade fixed effect...