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Structural estimates of the intergenerational education correlation

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dc.creator Belzil, Christian
dc.creator Hansen, Jörgen
dc.date 2003
dc.date.accessioned 2013-10-16T07:09:21Z
dc.date.available 2013-10-16T07:09:21Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20209
dc.identifier ppn:37748041X
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20209
dc.description Using a structural dynamic programming model, we investigate the relative importance of family background variables and individual specific abilities in explaining cross-sectional differences in schooling attainments and wages. Given scholastic ability, household background variables (especially parents' education) account for 68% of the explained crosssectional variations in schooling attainments. When the effects of household background variables on ability are also taken into account, the percentage raises to 85%. However, individual differences in wages are mostly explained by abilities. Only 27% of the explained variation in wages is accounted for by parents? background variables as opposed to 73% by unobserved abilities (orthogonal to family background variables). When scholastic ability is correlated with family background variables, ability endowments explain as much as 81% of individual wages.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 973
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J3
dc.subject J2
dc.subject ddc:330
dc.subject intergenerational education correlation
dc.subject endogenous schooling
dc.subject household characteristics
dc.subject dynamic programming
dc.subject Bildungsniveau
dc.subject Bildungsökonomik
dc.subject Soziale Mobilität
dc.subject Generationenbeziehungen
dc.subject Familiensoziologie
dc.subject Dynamische Optimierung
dc.subject Schätzung
dc.subject Vereinigte Staaten
dc.title Structural estimates of the intergenerational education correlation
dc.type doc-type:workingPaper


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