NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Exclusion Bias in the Estimation of Peer Effects

Bet Caeyers, Marcel Fafchamps

NBER Working Paper No. 22565
Issued in August 2016, Revised in February 2020

---- Acknowledgments ----

We benefitted from useful comments from three anonymous referees, Matt Jackson, Aureo de Paula, Arun Chandrasekhar, Ben Golub, Pau Milan, Steve Durlauf, Emily Breza, Markus Mobius, Giacomo De Giorgi, Matt Elliott, Xu Tan, Adam Szeidl, Michael Gechter, Bernard Fortin and Elena Manresa as well as from participants to seminars at Gothenburg University, Norwegian School of Economics, Institute for Fiscal Studies, LICOS, UC Davis and the International Food Policy Research Institute, participants to the November 2016 NEUDC conference, the March 2016 RES conference, the May 2016 Stanford conference on Social Networks, the March 2016 CSAE conference on African development, the April 2016 Laval University conference on Social Networks, and the 2019 Barcelona GSE Summer forum, as well as students at Stanford University, the 2016 PODER Summer School, and the 2016 Nova University Summer School. Finally, we are grateful to the ESRC Centre for Microeconomic Analysis of public policy (CPP) at the Institute for Fiscal Studies for funding parts of this research. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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