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The impact of parental income and education on the schooling of their children
Open accessAbstract
We investigate the relationship between early school-leaving and parental education and paternal income using UK Labour Force Survey data. OLS estimation reveals modest effects of income, stronger effects of maternal education relative to paternal, and stronger effects on sons than daughters. Using IV to simultaneously model the endogeneity of parental education and income, the maternal education effect disappears, while paternal education remains significant but only for daughters. In our favourite specification, which proxy for permanent income, paternal income becomes insignificant. Thus policies alleviating income constraints to alter schooling decisions may not be as effective as policies which increase permanent income. JEL codes I20; J62
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Recent Developments in Intergenerational Mobility
Black, S. E., & Devereux, P. J. (2011) · Handbook of Labor Economics · doi:10.1016/s0169-7218(11)02414-2 · Cited by 1,163
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The Crime Reducing Effect of Education
Machin, S. J., Marie, O., & Vujic, S. (2010) · doi:10.2139/ssrn.1631135 · Cited by 74
Weighted student funding in the Netherlands: A model for the U.S.?
Ladd, H. F., & Fiske, E. B. (2011) · Journal of Policy Analysis and Management · doi:10.1002/pam.20589 · Cited by 47
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“Permanent income is significant for student in attending post-compulsory education even some of them are experiencing financial constraint that affect their decision making to attend (Chevalier et al., 2013).”
BackgroundInfluential
Metadata
- Authors
- Chevalier, A., Harmon, C., O’ Sullivan, V., & Walker, I.
- Venue
- IZA Journal of Labor Economics
- Publisher
- Walter de Gruyter GmbH
- Published
- 2013-12
- Volume
- 2
- Issue
- 1
- ISSN
- 2193-8997 (ISSN-L)
- OpenAlex
- W2147450495
- Cited by
- 309
- References
- 50
- FWCI
- 44.31
- Type
- journal article
- Language
- en
- Open access
- hybrid
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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