Rank Effects in Education: What Do We Know So Far?
Judith Delaney and
Paul Devereux
No 15128, IZA Discussion Papers from Institute of Labor Economics (IZA)
Abstract:
In recent years there has been a plethora of empirical papers by economists concerning the effects of academic rank in school or college on subsequent outcomes of students. We review this recent literature, describing the difficult identification and measurement issues, the assumptions and methodologies used in the literature, and the main findings. Accounting for ability or achievement and across a range of countries, ages, and types of educational institutions, students that are more highly ranked in their class or their grade have been found to have better long-term outcomes. The effect sizes are generally large when compared to magnitudes found for other factors and interventions. Rank effects can provide useful insight into other educational phenomena such as the extent to which students benefit from high ability peers and the presence of a gender gap in STEM. However, the state of knowledge has probably not reached the point where the empirical findings from this literature have practical implications for policy intervention to improve outcomes of students.
Keywords: social comparisons; human capital; education; academic rank; peer effects; STEM (search for similar items in EconPapers)
JEL-codes: I21 J16 J24 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2022-03
New Economics Papers: this item is included in nep-edu and nep-ure
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Citations: View citations in EconPapers (16)
Published - published in: Klaus F. Zimmermann (ed.), Handbook fo Labor, Human Resources and Population Economics, 2022
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Working Paper: Rank Effects in Education: What do we know so far? (2022) 
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