Adriana Lleras-Muney, Matthew Miller, Shuyang Sheng, Veronica Sovero
arXiv 17 Oct 2022 · Econometrics · publishedJournal of Labor Economics (2024) · 8 citations (OpenAlex)
arXiv:2210.09426 · PDF · DOI · OpenAlex · Extracted main text
We investigate the returns to adolescent friendships on earnings in adulthood using data from the National Longitudinal Study of Adolescent to Adult Health. Because both education and friendships are jointly determined in adolescence, OLS estimates of their returns are likely biased. We implement a novel procedure to obtain bounds on the causal returns to friendships: we assume that the returns to schooling range from 5 to 15% (based on prior literature), and instrument for friendships using similarity in age among peers. Having one more friend in adolescence increases earnings between 7 and 14%, substantially more than OLS estimates would suggest.
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The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.
| Reference | Intensity | Mentions | Sections | Main text | |
|---|---|---|---|---|---|
| 1 | Conti, Gabriella, Andrea Galeotti, Gerrit Mueller, and Stephen Pudney (2013) Popularity | 0.843 | 3 | 3 | 100% |
| 2 | Bifulco, Robert, Jason M. Fletcher, and Stephen L. Ross (2011) The effect of classmate characteristics on post-secondary outcomes: Evidence from the Add Health | 0.811 | 4 | 2 | 100% |
| 3 | Carrell, Scott E., Mark Hoekstra, and Elira Kuka (2018) The long-run effects of disruptive peers | 0.811 | 4 | 2 | 100% |
| 4 | Chetty, Raj, Matthew O. Jackson, Theresa Kuchler, Johannes Stroebel,… (2022) Social capital i: Measurement and associations with economic mobility | 0.737 | 3 | 2 | 100% |
| 5 | Fletcher, Jason M., Stephen L. Ross, and Yuxiu Zhang (2020) The consequences of friendships: Evidence on the effect of social relationships in school on academic achievement | 0.737 | 3 | 2 | 100% |
| 6 | Gunderson, Morley and Philip Oreopolous (2020) Returns to education in developed countries | 0.737 | 3 | 2 | 100% |
| 7 | Psacharopoulos, George and Harry Anthony Patrinos (2018) Returns to investment in education: A decennial review of the global literature | 0.737 | 3 | 2 | 100% |
| 8 | Imbens, Guido W. and Charles F. Manski (2004) Confidence intervals for partially identified parameters | 0.693 | 5 | 1 | 100% |
| 9 | Dustmann, Christian, Albrecht Glitz, Uta Schönberg, and Herbert Brüc… (2015) Referral-based job search networks | 0.644 | 2 | 2 | 100% |
| 10 | Lavy, Victor and Edith Sand (2018) The effect of social networks on students' academic and non-cognitive behavioural outcomes: Evidence from conditional random ass… | 0.644 | 2 | 2 | 100% |
Showing the top 10 of 76 scored citations.
arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.
| Citing paper | Intensity | Mentions | Sections | |
|---|---|---|---|---|
| 1 | Social Interactions in Endogenous Groups | 0.405 | 1 | 1 |