Bruce I. Sacerdote

Richard S. Braddock 1963 Professor in Economics

I enjoy working with detailed data to enhance our understanding of why children and youth turn out the way they do. I am also involved in a series of studies to examine how students make choices about college going and how policy makers might influence that decision-making process. And I teach a senior seminar in finance, which is tremendously rewarding.

Department(s): 
Economics
Education: 
Ph.D. Harvard University
B.A. Dartmouth College

Selected Publications

"From Natural Variation to Optimal Policy? The Importance of Endogenous Peer Group Formation," with Scott E. Carrell and James E. West. Forthcoming in Econometrica.

"How Much Would US Style Fiscal Integration Buffer European Unemployment and Income Shocks? (A Comparative Empirical Analysis)," with James Feyrer.  American Economic Review Papers and Proceedings, May 2013.

"Katrina's Children: Evidence on the Structure of Peer Effects," with Scott Imberman and Adriana Kugler. American Economic Review, Vol. 102 No. 5 (August 2012) pp. 2048-82.

"When the Saints Come Marching In: Effects of Katrina Evacuees on Schools, Student Performance and Crime." American Economic Journal, January 2012, Vol 4, No. 1, Pages 109-135.

"Peer Effects in Education: How Might They Work, How Big Are They and How Much Do We Know Thus Far?" in Erik Hanushek & Stephen Machin & Ludger Woessmann (ed.), 2011. Handbook of the Economics of Education, Elsevier, edition 1, volume 3, number 3.

"Nature And Nurture Effects On Children's Outcomes: What Have We Learned From Studies Of Twins And Adoptees?" in Handbook of Social Economics, eds. Jess Benhabib, Matthew Jackson and Alberto Bisin. 2010, Amsterdam: North Holland

"Colonialism and Modern Income -- Islands As Natural Experiments" with James Feyrer. Review of Economics and Statistics May 2009, Vol. 91, No. 2, Pages 245-262.

"Will The Stork Return To Europe? Understanding Fertility Within Developed Nations " with James Feyrer and Ariel Dora Stern.  Journal of Economics Perspectives, Vol. 22, No. 3, Summer 2008.

"Education and Religion," with Edward Glaeser. Examines the relationship between education, religious attendance, and religious beliefs. Journal of Human Capital. 2008 vol. 2(2), pages 188-215

"How Large Are The Effects From Changes In Family Environment? A Study of Korean American Adoptees" The Quarterly Journal of Economics, Vol. 121, No. 1: 119-158 Feb 2007.

"Did the Rust Belt Become Shiny? A Study of Cities and Counties that Lost Steel and Auto Jobs in the 1980s" with James Feyrer and Ariel Dora Stern.  Brookings Wharton Papers on Urban Affairs: 2007.

"How Do Friendships Form?" with David Marmaros.  The Quarterly Journal of Economics , Vol. 121, No. 1: 79-119. Feb 2006.

"Slavery and the Intergenerational Transmission of Human Capital." The Review of Economics and Statistics, Vol. 87, Issue 2 - May, 2005.

"Work and Leisure in the United States and Europe: Why So Different?" with Alberto Alesina and Edward Glaeser.  NBER Macro Annual 2005.

"Peer Effects With Random Assignment: Results for Dartmouth Roommates." Quarterly Journal of Economics, Vol. 116 (2001).

"The Nature and Nurture of Economic Outcomes."  American Economic Review Papers and Proceedings, Vol. 92 (May 2002).

"The Causal Effect of Income on Labor Supply: Evidence From the Lottery Winner Survey." with Don Rubin and Guido Imbens. American Economic Review, Vol. 91, No. 4, September 2001.

"Peer Effects in Occupational Choice for Dartmouth Students," with David Marmaros.  European Economic Review, Vol. 46 (May 2002). 

"The Social Consequences of Housing," with Edward Glaeser.  Journal of Housing Economics, Vol. 9, (2000). 

"Why Is There More Crime in Cities," with Edward Glaeser. Journal of Political Economy, Vol. 107, No. 6, December 1999. 

"Crime and Social Interactions," with Edward Glaeser and José Scheinkman, Quarterly Journal of Economics, Vol. 111, No 2, May 1996.

"Why Doesn't The U.S. Have a European Style Welfare State?" with Alberto Alesina and Edward Glaeser.  Brookings Papers on Economic Activity 2:2001

"The Economic Approach to Social Capital," with Edward Glaeser and David Laibson. The Economic Journal, Vol. 112, November 2002.

"The Social Multiplier," with Edward Glaeser and José Scheinkman.  Journal of the European Economic Association, Vol. 1(2-3) May-June 2003.

"Vengeance, Deterrence, and Incapacitation," with Edward Glaeser.  The Journal of Legal Studies, Vol 32 (2), June 2003. 

"Response to Fines and Probabilities in a Natural Experiment," with Avner Bar-Ilan.  Journal of Law and Economics, Vol 47 (1) (April 2004). 

"Fixing Broken Experiments Using the Propensity Score,".  Forthcoming in Andrew Gelman and Xiao-Li eds. Missing Data and Bayesian Methods in Practice , New York: Wiley (2004).

"Did the Stimulus Stimulate? Real Time Estimates of the Effects of the American Recovery and Reinvestment Act"  with James Feyrer.  (NBER Working Paper No. 16759). 2011. 

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Works in progress

"Can We Get More High School Seniors to Attend College?" with Scott Carrell. We are working with the State of New Hampshire, the College Board, and a host of NH Schools to identify high school seniors who have the qualifications to attend 2 and 4 year colleges, but fail to apply. We are providing a randomly chosen set of such students coaching, information and cash payments to see if we can have significant effects on the decision to apply and go. We plan to track the subjects in the study for a minimum of ten years.

"The Long Run Impacts of Schools on Student Outcomes" with David Lyle.  We use exogenous moves of parental military assignments to examine how locations and schools matter for college going, income, and other long run outcomes.  In particular we ask how school quality interacts with student age to produce outcomes.

"Paying Kids for Performance: An Evaluation of the REACH Program." with Kirabo Jackson.  We examine the short and long term effects from a NYC program that pays high school seniors for achieving a 3,4, or 5 on an AP exam.

"Learning to Follow From Day 1: A Textual Analysis of the 2008 Presidential Campaign." with Owen Zidar.  We analyze a database of words used by Presidential candidates in stump speeches and debates.  We uncover the themes of the campaign, who is most negative, and who follows whom in use of words and phrases.