TY  - BOOK
AU  - Denning,Jeffrey T.
AU  - Murphy,Richard
AU  - Weinhardt,Felix
ED  - National Bureau of Economic Research.
TI  - Class Rank and Long-Run Outcomes
T2  - NBER working paper series
PY  - 2020///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - July 2020; Hardcopy version available to institutional subscribers
N2  - This paper considers an unavoidable feature of the school environment, class rank. What are the long-run effects of a student's ordinal rank in elementary school? Using administrative data on all public-school students in Texas, we show that students with a higher third-grade academic rank, conditional on achievement and classroom fixed effects, have higher subsequent test scores, are more likely to take AP classes, graduate from high school, enroll in and graduate from college, and ultimately have higher earnings 19 years later. We also discuss the necessary assumptions for the identification of rank effects and propose new solutions to identification challenges. The paper concludes by exploring the tradeoff between higher quality schools and higher rank in the presence of these rank-based peer effects
UR  - https://www.nber.org/papers/w27468
UR  - http://dx.doi.org/10.3386/w27468
ER  -