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Intergenerational persistence in studying for elite education is high across the world. We study the role that exposure to high school peers from elite educated families (‘elite peers’) plays in driving such a phenomenon in Norway. Using register data on ten cohorts of high school students...
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Descriptive norms - the behavior of other individuals in one's reference group - play a key role in shaping individual decisions. When characterizing the behavior of others, a standard approach in the literature is to focus on average behavior. In this paper, we argue both theoretically and...
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