Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía
Fecha
2017
Extensión
41 p.
Resumen
This paper analyzes the strategic interactions between peers and parents in the development of adolescent’s cognitive skills and non-cognitive skills, as proxied by the predisposition to use substances. We estimate a technology of skill formation that identifies peer effects on the basis of quasi-random assignment of students across classes, time varying data, and the use of instrumental variables. We find that both peer and parental socialization efforts have a positive influence over adolescents’ academic skills, and that these effects are complementary: as peers get better academically, parents invest more. We do not find, however, linear-in-means peer or parental effects on the predisposition to use substances.