Plausibly Exogenous [1800] - Peer Effect (01/06/2024)

LHS Variable
Household equity investment

RHS Variable
Peers

Source of Exogenous Variation
Military peers who were randomly assigned in compulsory military drafts

- Chi, Hung, Lin, and Tseng (2023), “Social Influence in Household Equity Investment: Evidence from Randomized Military Drafts”