Do Peer Groups Matter? Peer Group Versus Schooling Effects on Academic Attainment

@article{Robertson2003DoPG,
  title={Do Peer Groups Matter? Peer Group Versus Schooling Effects on Academic Attainment},
  author={Donald Robertson and James Symons},
  journal={Labor: Human Capital},
  year={2003}
}
This paper estimates an educational production function. Educational attainment is a function of peer group, parental input and schooling. Conventional measures of school quality are not good predictors for academic attainment, once we control for peer group effects; parental qualities also have strong effects on academic attainment. This academic attainment is a then a key determinant of subsequent labour market success, as measured by earnings. The main methodological innovation in this paper… 

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