Citation
Calvo-Armengol, A.; Patacchini, E.; & Zenou, Y. (2009). Peer effects and social networks in education. Review of Economic Studies. vol. 76 (4) pp. 1239-1267Abstract
We develop a model that shows that, at the Nash equilibrium, the outcome of each individual embedded in a network is proportional to his/her Katz-Bonacich centrality measure. This measure takes into account both direct and indirect friends of each individual, but puts less weight to his/her distant friends. We then bring the model to the data using a very detailed dataset of adolescent friendship networks. We show that, after controlling for observable individual characteristics and unobservable network specific factors, a standard deviation increase in the Katz-Bonacich centrality increases the pupil school performance by more than 7% of one standard deviation.URL
http://dx.doi.org/10.1111/j.1467-937X.2009.00550.xKeyword(s)
EducationReference Type
Journal ArticleJournal Title
Review of Economic StudiesAuthor(s)
Calvo-Armengol, A.Patacchini, E.
Zenou, Y.