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Most Likely to Succeed: Long-Run Returns to Adolescent Popularity.

ABSTRACT: Sociological explanations for economic success tend toward measures of embeddedness in longstanding social institutions, such as race and gender, or personal skills represented mainly by educational attainment. In this paper we seek a distinctively social foundation for success by investigating the long-term association between high school popularity and income. Using rich longitudinal data, we find a clear and persistent association between the number of friendship nominations received and adult income, even after accounting for the mediating influences of diverse personal, family, and work characteristics. This skill is distinct from conventional personality measures such as the Big Five, and persists long into adulthood. We hypothesize that popularity encapsulates a socioemotional skill recognized by peers as the practice of being a good friend rather than an indicator of social status.

SUBMITTER: Shi Y

PROVIDER: S-EPMC5400365 | biostudies-literature | 2017 Feb

REPOSITORIES: biostudies-literature

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Most Likely to Succeed: Long-Run Returns to Adolescent Popularity.

Shi Ying Y Moody James J

Social currents 20160601 1

Sociological explanations for economic success tend toward measures of embeddedness in longstanding social institutions, such as race and gender, or personal skills represented mainly by educational attainment. In this paper we seek a distinctively social foundation for success by investigating the long-term association between high school popularity and income. Using rich longitudinal data, we find a clear and persistent association between the number of friendship nominations received and adul ...[more]

PMID: 28439525

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Project description:Kenneth Gillingham is an Associate Professor of Economics at Yale University, with a primary appointment in the School of Forestry & Environmental Studies. In 2015 to 2016, he served as the Senior Economist for Energy and the Environment at the White House Council of Economic Advisers. His research interests cover energy and environmental economics, industrial organization, technological change, and energy modeling. He held a Fulbright to New Zealand and has worked for Resources for the Future and Pacific Northwest National Laboratory. He received a PhD and two MS degrees from Stanford University and an AB from Dartmouth College. Christopher Knittel is the George P. Shultz Professor of Applied Economics in the Sloan School of Management at the Massachusetts Institute of Technology (MIT). He is also the Director of MIT's Center for Energy and Environmental Policy Research, which serves as the hub for social science research on energy and the environmental since the late 1970s. Professor Knittel is also the Co-Director of the MIT Energy Initiative's Electric Power System Low Carbon Energy Center and a co-director of The E2e Project, a research initiative between MIT, UC Berkeley, and the University of Chicago to undertake rigorous evaluation of energy efficiency investments. Jing Li holds the inaugural William Barton Rogers Career Development Chair of Energy Economics at the MIT Sloan School of Management. From 2017-2018, Jing Li was a Postdoctoral Associate of the MIT Energy Initiative. Jing's research interests lie in energy economics and industrial organization, focusing on development and adoption of new technologies. Her most recent work examines compatibility and investment in electric vehicle recharging networks in the United States and cost pass-through in the E85 retail market. Jing received double BSc degrees in Mathematics and Economics from MIT in 2011 and her PhD in Economics from Harvard in 2017. Marten Ovaere is a Postdoctoral Associate in the School of Forestry & Environmental Studies of Yale University. His research interests lie in energy and environmental economics, with a focus on electricity markets, carbon pricing, and renewable energy. Marten holds a MSc in Economics, a MSc in Energy Engineering, and a PhD in Economics from KU Leuven. Mar Reguant is an Associate Professor in Economics at Northwestern University. She received her PhD from MIT in 2011. Her research uses high-frequency data to study the impact of auction design and environmental regulation on electricity markets and energy-intensive industries. She has numerous awards, including a Sloan Research Fellowship in 2016, the Sabadell Prize for Economic Research in 2017, a Presidential Early Career Award for Scientists and Engineers award in 2019, and the European Association of Environmental and Resource Economists Award for Researchers in Environmental Economics under the Age of Forty in 2019.

Dataset Information

Most Likely to Succeed: Long-Run Returns to Adolescent Popularity.

Publications

Most Likely to Succeed: Long-Run Returns to Adolescent Popularity.

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