Boucher, Vincent; Del Bello, Carlo L.; Panebianco, Fabrizio - 2021
We propose a model of intergenerational transmission of education wherein children belong to either highly educated or … effort to exert. Using data on adolescents in the United States, we structurally estimate this model and find that, on … interactions with other low-educated students (i.e., homophily), which reduces the education effort of their parents and, thus …