There is a perception among native born parents in the U.S. that the increasing number of immigrant students in schools creates negative peer effects on their children. In North Carolina there has been a significant increase in immigrants especially those with limited English language skills and...

There is a perception among native born parents in the USA that the increasing number of immigrant students in schools creates negative peer effects on their children. In North Carolina, there has been a significant increase in immigrants, especially those with limited English language skills....

We study the long-run effects of income inequality within adolescent peer compositions in schools. We propose a theoretical framework based on reference dependence where inequality in peer groups can generate aspiration gaps. Guided by predictions from this framework we find that an increase in...

This paper develops a model that allows for heterogenous contemporaneous peer effects among different types of agents who are endogenously selected into different peer groups. Using our framework, we characterize the reduced-form coefficient in the peer effect literature and show that it is a...

This paper develops a model that allows for heterogenous contemporaneous peer effects among different types of agents who are endogenously selected into different peer groups. Using our framework, we characterize the reduced-form coefficient in the peer effect literature and show that it is a...

This paper provides evidence of a novel facet of peer effects by showing how peer personality affects educational 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...