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Parental education and child's education: A natural experiment

Chevalier, Arnaud - 2004

evidence, we find a positive effect of both parents education on their children’s schooling achievements when focusing on … natural parents only. Step parents have no or a negative impact on children’s education. In most cases, the endogeneity of … Seventies in Britain. This strategy identifies the effect of parental schooling only for parents with a lower taste for …

Persistent link: https://www.econbiz.de/10010293769

Using heteroscedasticity to estimate the returns to education

Hogan, Vincent; Rigobon, Roberto - 2003

We apply a new estimator to the measurement of the economic returns to education. We control for endogenous education, unobserved ability and measurement error using only the natural heteroscedasticty of wages and education attainment. Our prefered estimate, 6.07%, is closer to the OLS estimate...

Persistent link: https://www.econbiz.de/10010293893

Can education compensate for low ability? Evidence from British data

Denny, Kevin; O'Sullivan, Vincent - 2004

This paper uses cross section data to investigate whether education and ability are substitutes or complements in the determination of earnings. Using a measure of cognitive ability based on tests taken at ages 7 and 11 we find, unlike most of the existing literature, clear evidence that the...

Persistent link: https://www.econbiz.de/10010293869

Do teachers make better parents? The differential performance of teachers' children at school

Denny, Kevin - 2005

This paper investigates whether teenagers are educationally advantaged if their parents are educators, using PISA data … for Great Britain and Ireland. It examines whether teachers’ children do better at tests of reading ability. The results … show that children whose fathers teach at third level or whose mothers teach at second level do better and these effects …

Persistent link: https://www.econbiz.de/10010293823

Does education raise productivity, or just reflect it?

Chevalier, Arnaud; Harmon, Colm; Walker, Ian; Zhu, Yu - 2003

It is clear that education has an important effect on wages paid in the labour market However it not clear whether this is due to the role that education plays in raising the productivity of workers (the human capital explanation) or whether education simply reflects the ability of the worker...

Persistent link: https://www.econbiz.de/10010293827

Education choice under uncertainty and public policy

Hogan, Vincent; Walker, Ian - 2003

We analyse how progressive taxation and education subsidies affect schooling decisions when the returns to education are stochastic. We use the theory of real options to solve the problem of education choice in a dynamic, life-cycle consistent, stochastic model. We show that education attainment...

Persistent link: https://www.econbiz.de/10010293835

A multi-country study of inter-generational educational mobility

Chevalier, Arnaud; Denny, Kevin; McMahon, Dorren - 2003

This paper analyses intergenerational educational mobility using survey data for twenty countries. We find that a number of interesting patterns emerge. Estimating a measure of mobility as movement and an index of mobility as equality of opportunity we find that while these two measures are...

Persistent link: https://www.econbiz.de/10010293872