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    Rights statement: © Chevalier et al.; licensee Springer. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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The impact of parental income and education on the schooling of their children

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The impact of parental income and education on the schooling of their children. / Chevalier, Arnaud; Harmon, Colm; O'Sullivan, Vincent; Walker, Ian.

In: IZA Journal of Labor Economics, Vol. 2, No. 1, 8, 09.12.2013.

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Chevalier, Arnaud ; Harmon, Colm ; O'Sullivan, Vincent ; Walker, Ian. / The impact of parental income and education on the schooling of their children. In: IZA Journal of Labor Economics. 2013 ; Vol. 2, No. 1.

Bibtex

@article{ca355db80be441f8af71816a01fb0fc6,
title = "The impact of parental income and education on the schooling of their children",
abstract = "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.",
keywords = "Early school leaving, Intergenerational transmission",
author = "Arnaud Chevalier and Colm Harmon and Vincent O'Sullivan and Ian Walker",
note = "{\textcopyright} Chevalier et al.; licensee Springer. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.",
year = "2013",
month = dec,
day = "9",
doi = "10.1186/2193-8997-2-8",
language = "English",
volume = "2",
journal = "IZA Journal of Labor Economics",
issn = "2193-8997",
publisher = "Springer Open",
number = "1",

}

RIS

TY - JOUR

T1 - The impact of parental income and education on the schooling of their children

AU - Chevalier, Arnaud

AU - Harmon, Colm

AU - O'Sullivan, Vincent

AU - Walker, Ian

N1 - © Chevalier et al.; licensee Springer. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

PY - 2013/12/9

Y1 - 2013/12/9

N2 - 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.

AB - 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.

KW - Early school leaving

KW - Intergenerational transmission

U2 - 10.1186/2193-8997-2-8

DO - 10.1186/2193-8997-2-8

M3 - Journal article

VL - 2

JO - IZA Journal of Labor Economics

JF - IZA Journal of Labor Economics

SN - 2193-8997

IS - 1

M1 - 8

ER -