Template-Type: ReDIF-Paper 1.0 Title: Adolescents’ Mental Health and Human Capital: The Role of Socioeconomic Rank Author-Name: Michaela Paffenholz Author-Email: michaela.paffenholz@econ.lmu.de Classification-JEL: I14, I23 Keywords: mental health, rank, higher educa􀀂on Abstract: I provide evidence on the causal effects of a student’s relative socioeconomic status during high school on their mental health and human capital development. Leveraging data from representative US high schools, I utilize between-cohort differences in the distributions of socioeconomic status within schools in a linear fixed effects model to identify a causal rank effect. I find that a higher rank during high school improves a student’s depression scores, cognitive ability, self-esteem and popularity. The rank effects are persistent with long-lasting consequences for adult depression and college attainment. Additional analyses emphasize the role of inequality in exacerbating these rank effects. Note: Length: 74 Creation-Date: 2024-04 Revision-Date: File-URL: https://www.crctr224.de/research/discussion-papers/archive/dp526 File-Format: application/pdf Handle: RePEc:bon:boncrc:CRCTR224_2024_526