Quality of social networks and educational investment decisions
AbstractAll individuals belong to a social network with certain quality level. This paper analyzes the role of the quality of the social network in the educational decision making process. We propose a measure for quality of network based on the schooling level and the labor position of the members of the net. Our analysis compares individuals who are similar in at least two characteristics: socioeconomic level and intellectual ability. Although they belong to the same type of community (poor), they differ in the composition of their social network. The higher the quality of the network, the higher the probability of investing in education. Hence, socially disadvantaged and equally intelligent individuals may end up acquiring different schooling levels.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Katholieke Universiteit Leuven, Centrum voor Economische Studiën in its series Center for Economic Studies - Discussion papers with number ces10.29.
Date of creation: Oct 2010
Date of revision:
Other versions of this item:
- Zuluaga, Blanca, 2013. "Quality of social networks and educational investment decisions," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 43(C), pages 72-82.
- I20 - Health, Education, and Welfare - - Education - - - General
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-12-23 (All new papers)
- NEP-EDU-2010-12-23 (Education)
- NEP-HRM-2010-12-23 (Human Capital & Human Resource Management)
- NEP-LAB-2010-12-23 (Labour Economics)
- NEP-SOC-2010-12-23 (Social Norms & Social Capital)
- NEP-URE-2010-12-23 (Urban & Real Estate Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- repec:att:wimass:9127 is not listed on IDEAS
- Dan Anderberg & Fredrik Andersson, 2007.
"Stratification, Social Networks in the Labour Market, and Intergenerational Mobility,"
Royal Economic Society, vol. 117(520), pages 782-812, 04.
- Anderberg, Dan & Andersson, Fredrik, 2003. "Stratification, social networks in the labour market, and intergenerational mobility," Discussion Papers, Research Unit: Market Processes and Governance SP II 2003-20, Social Science Research Center Berlin (WZB).
- Dan Anderberg and Fredrik Andersson, 2003. "Stratification, Social Networks in the Labour Market and Intergenerational Mobility," Royal Holloway, University of London: Discussion Papers in Economics 03/8, Department of Economics, Royal Holloway University of London, revised Dec 2003.
- Streufert, Peter, 2000. " The Effect of Underclass Social Isolation on Schooling Choice," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 2(4), pages 461-82.
- Bala, V. & Goyal, S., 1995.
"Learning from Neighbors,"
Econometric Institute Research Papers
EI 9549-/A, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
- Marcel Fafchamps & Susan Lund, .
"Risk Sharing Networks in Rural Philippines,"
97014, Stanford University, Department of Economics.
- Steven N. Durlauf, 1992.
"A Theory of Persistent Income Inequality,"
NBER Working Papers
4056, National Bureau of Economic Research, Inc.
- Matt Jackson, 2003.
"The Effects of Social Networks on Employment and Inequality,"
Theory workshop papers
658612000000000032, UCLA Department of Economics.
- Antoni Calvó-Armengol & Matthew O. Jackson, 2004. "The Effects of Social Networks on Employment and Inequality," American Economic Review, American Economic Association, vol. 94(3), pages 426-454, June.
- Matthew O. Jackson, 2003.
"A survey of models of network formation: Stability and efficiency,"
1161, California Institute of Technology, Division of the Humanities and Social Sciences.
- Matthew O. Jackson, 2003. "A Survey of Models of Network Formation: Stability and Efficiency," Game Theory and Information 0303011, EconWPA.
- Stefan Dercon & Tessa Bold, 2009.
"Contract Design in Insurance Groups,"
Economics Series Working Papers
421, University of Oxford, Department of Economics.
- Natalia González & Juan Carlos Gómez & Jhon James Mora & Blanca Zuluaga, 2004. "Las ganancias de señalizar en el mercado laboral en Cali," ESTUDIOS GERENCIALES, UNIVERSIDAD ICESI.
- Dante Contreras & Daniela Zapata & Diana Kruger & Marcelo Ochoa, 2007. "The Role of Social Networks in the Economic Opportunities of Bolivian Women," Research Department Publications 3240, Inter-American Development Bank, Research Department.
- Aviad Heifetz & Enrico Minelli, 2006. "Aspiration Traps," Working Papers ubs0610, University of Brescia, Department of Economics.
- Manski, Charles F, 1993.
"Identification of Endogenous Social Effects: The Reflection Problem,"
Review of Economic Studies,
Wiley Blackwell, vol. 60(3), pages 531-42, July.
- Becker, Gary S & Mulligan, Casey B, 1997. "The Endogenous Determination of Time Preference," The Quarterly Journal of Economics, MIT Press, vol. 112(3), pages 729-58, August.
- Becker, Gary S & Lewis, H Gregg, 1973. "On the Interaction between the Quantity and Quality of Children," Journal of Political Economy, University of Chicago Press, vol. 81(2), pages S279-88, Part II, .
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Karla Vander Weyden).
If references are entirely missing, you can add them using this form.