The perils of peer effects

Individual outcomes are highly correlated with group average outcomes, a fact often interpreted as a causal peer effect. Without covariates, however, outcome-on-outcome peer effects are vacuous, either unity or, if the average is defined as a leave-out mean, determined by a generic intraclass correl...

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Bibliographic Details
Published in:	Labour economics Vol. 30; pp. 98 - 108
Main Author:	Angrist, Joshua D.
Format:	Journal Article
Language:	English
Published:	Amsterdam Elsevier B.V 01.10.2014 Elsevier Science Ltd
Subjects:	Causality Correlation analysis Econometrics Estimating techniques Estimation bias Instrumental variables Measurement errors Social returns Studies C31 C36 I21 Social returns Instrumental variables C18 Causality 31
ISSN:	0927-5371, 1879-1034
Online Access:	Get full text
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