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

67 Pages Posted: 18 Apr 2018

See all articles by Timothy G. Conley

Timothy G. Conley

University of Chicago - Booth School of Business

Nirav Mehta

University of Western Ontario - Department of Economics

Ralph Stinebrickner

Berea College; University of Western Ontario

Todd R. Stinebrickner

University of Western Ontario - Department of Economics

Date Written: February 21, 2018

Abstract

We develop and estimate a model of student study time 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.

Keywords: social networks, peer effects, homophily, time-use

JEL Classification: C520, C540, I200

Suggested Citation

Conley, Timothy G. and Mehta, Nirav and Stinebrickner, Ralph and Stinebrickner, Todd R., Social Interactions, Mechanisms, and Equilibrium: Evidence from a Model of Study Time and Academic Achievement (February 21, 2018). CESifo Working Paper Series No. 6896. Available at SSRN: https://ssrn.com/abstract=3164040

Timothy G. Conley

University of Chicago - Booth School of Business ( email )

5807 S. Woodlawn Avenue
Chicago, IL 60637
United States
773-702-7281 (Phone)

Nirav Mehta (Contact Author)

University of Western Ontario - Department of Economics ( email )

London, Ontario N6A 5B8
Canada

Ralph Stinebrickner

Berea College ( email )

Berea, KY 40404
United States

University of Western Ontario ( email )

1151 Richmond Street
Suite 2
London, Ontario N6A 5B8
Canada

Todd R. Stinebrickner

University of Western Ontario - Department of Economics ( email )

London, Ontario N6A 5B8
Canada

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