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  • Gabriella Conti
  • Andrea Galeotti
  • Gerrit Mueller
  • Stephen Pudney

Abstract

What makes you popular at school? And what are the labor market returns to popularity? We investigate these questions using an objective measure of popularity derived from sociometric theory: the number of friendship nominations received from schoolmates, interpreted as a measure of early accumulation of personal social capital. We develop an econometric model of friendship formation and labor market outcomes allowing for partial observation of networks, and provide new evidence on the impact of early family environment on popularity. We estimate that moving from the 20th to 80th percentile of the high-school popularity distribution yields a 10% wage premium nearly 40 years later.

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 18475.

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Date of creation: Oct 2012
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Handle: RePEc:nbr:nberwo:18475

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References

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  1. Edward L. Glaeser & David Laibson & Bruce Sacerdote, 2002. "An Economic Approach to Social Capital," Economic Journal, Royal Economic Society, vol. 112(483), pages 437-458, November.
  2. Caroline M. Hoxby, 2000. "The Effects Of Class Size On Student Achievement: New Evidence From Population Variation," The Quarterly Journal of Economics, MIT Press, vol. 115(4), pages 1239-1285, November.
  3. Andrew Postlewaite & Dan Silverman, 2005. "Social isolation and inequality," Journal of Economic Inequality, Springer, vol. 3(3), pages 243-262, December.
  4. Sean Durkin, . "Measuring Social Capital and Its Economic Impact," University of Chicago - Population Research Center 2000-04, Chicago - Population Research Center.
  5. Betsey Stevenson, 2010. "Beyond the Classroom: Using Title IX to Measure the Return to High School Sports," The Review of Economics and Statistics, MIT Press, vol. 92(2), pages 284-301, May.
  6. John F. Helliwell & Robert D. Putnam, 1999. "Education and Social Capital," NBER Working Papers 7121, National Bureau of Economic Research, Inc.
  7. Dhuey, Elizabeth & Lipscomb, Stephen, 2008. "What makes a leader? Relative age and high school leadership," Economics of Education Review, Elsevier, vol. 27(2), pages 173-183, April.
  8. John M. Barron & Bradley T. Ewing & Glen R. Waddell, 2000. "The Effects Of High School Athletic Participation On Education And Labor Market Outcomes," The Review of Economics and Statistics, MIT Press, vol. 82(3), pages 409-421, August.
  9. Joshua D. Angrist & Victor Lavy, 1999. "Using Maimonides' Rule To Estimate The Effect Of Class Size On Scholastic Achievement," The Quarterly Journal of Economics, MIT Press, vol. 114(2), pages 533-575, May.
  10. James J. Heckman & Jora Stixrud & Sergio Urzua, 2006. "The Effects of Cognitive and Noncognitive Abilities on Labor Market Outcomes and Social Behavior," NBER Working Papers 12006, National Bureau of Economic Research, Inc.
  11. John M. Barron & Mark C. Berger & Dan A. Black, 2006. "Selective Counteroffers," Journal of Labor Economics, University of Chicago Press, vol. 24(3), pages 385-410, July.
  12. Carmit Segal, 2008. "Classroom Behavior," Journal of Human Resources, University of Wisconsin Press, vol. 43(4).
  13. Melissa Osborne & Herbert Gintis & Samuel Bowles, 2001. "The Determinants of Earnings: A Behavioral Approach," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1137-1176, December.
  14. George A. Akerlof & Rachel E. Kranton, 2002. "Identity and Schooling: Some Lessons for the Economics of Education," Journal of Economic Literature, American Economic Association, vol. 40(4), pages 1167-1201, December.
  15. repec:dgr:umaror:2008001 is not listed on IDEAS
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Blog mentions

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  1. Money, reputation and happiness
    by chris dillow in Stumbling and Mumbling on 2009-03-05 17:27:55

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