Peers effects on a fertility decision : an application for Medellín, Colombia

Borradores de Economia
Number: 
777
Published: 
Classification JEL: 
J13
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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This paper addresses the estimation of peer group effects on a fertility decision. The peer group is composed of neighbors with similar socio-demographic characteristics. In order to deal with the endogeneity problem associated to the estimation of neighb