%0 Report %A Ásgeirsdottir, Tinna Laufey %A Francesconi, Marco %A Johannsdottir, Ásthildur M. %A Zoega, Gylfi %T How Home Exams and Peers Affect College Grades in Unprecedented Times %D 2025 %8 2025 Dec %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 18344 %U https://www.iza.org/publications/dp18344 %X Leveraging administrative data from the University of Iceland, which cover more than 60% of the undergraduate population in the country, we examine how home exams and peer networks shape grades around the COVID-19 crisis. Using difference-in-difference models with a rich set of fixed effects, we find that home exams taken during university closures raised grades by about 0.5 points (about 7%) relative to invigilated in-person exams outside the pandemic period. Access to a larger share of high-school peers leads to an average grade increase of up to two-fifths of a point, and exposure to higher-quality peers yielded additional, but smaller gains. Interactions between peer-network measures and the COVID/home-exam indicators are near zero, providing no evidence that peer networks amplified home-exam gains during the pandemic. %K networks %K COVID-19 %K online education %K academic performance %K academic dishonesty %K Iceland