“…Evidence has shown that peer groups have powerful and lasting impacts on an individual's economic decisions. Specifically, exposure to different peer groups during childhood or adolescence can influence a person's educational decisions, (risky) behaviors, and socioemotional skills during adolescence (Zárate, 2023;Anand and Kahn, 2023;Feng et al, 2022;Alan et al, 2020;Billings and Hoekstra, 2019;Rao, 2019;Bursztyn and Jensen, 2015) as well as their human capital accumulation (Golsteyn et al, 2021;Carrell et al, 2018), criminal activity (Billings and Hoekstra, 2019;Damm and Dustmann, 2014;Bayer et al, 2009), and labor market outcomes (Carrell et al, 2018) throughout adulthood. In the public policy arena, peer influence is so important that most educational and violence-reduction programs targeting adolescents are implemented in group settings.…”