TY - JOUR AU - Carrell,Scott E. AU - Fullerton,Richard L. AU - West,James E. TI - Does Your Cohort Matter? Measuring Peer Effects in College Achievement JF - National Bureau of Economic Research Working Paper Series VL - No. 14032 PY - 2008 Y2 - May 2008 UR - http://www.nber.org/papers/w14032 L1 - http://www.nber.org/papers/w14032.pdf N1 - Author contact info: Scott E. Carrell Department of Economics University of California, Davis One Shields Avenue Davis, CA 95616 Tel: 530/302-1038 Fax: 530/752-9382 E-Mail: secarrell@ucdavis.edu Richard Fullerton Department of Economics and Geosciences U.S. Air Force Academy #6K100 2354 Fairchild Hall USAF Academy, CO 80840 E-Mail: richard.fullerton@usafa.edu James West Baylor University Department of Economics One Bear Place # 98003 Waco, TX 76798-8003 Tel: 254-710-6126 Fax: 254-710-6142 E-Mail: J_West@baylor.edu AB - To estimate peer effects in college achievement we exploit a unique dataset in which individuals have been exogenously assigned to peer groups of about 30 students with whom they are required to spend the majority of their time interacting. This feature enables us to estimate peer effects that are more comparable to changing the entire cohort of peers. Using this broad peer group, we find academic peer effects of much larger magnitude than found in previous studies that have measured peer effects among roommates alone. We find the peer effects persist at a diminishing rate into the sophomore, junior, and senior years, indicating social network peer effects may have long lasting effects on academic achievement. Our findings also suggest that peer effects may be working through study partnerships versus operating through establishment of a social norm of effort. ER -