English, Article, Journal or magazine article edition: Parents' Current Income, Long-term Characteristics and Children's Education: Evidence from the 1970 British Cohort Massimiliano BRATTI

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Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Parents' Current Income, Long-term Characteristics and Children's Education: Evidence from the 1970 British Cohort
Author
  • Massimiliano BRATTI
Physical Description
  • preprint
Notes
  • This paper investigates the effect of parents’ current income and long-term;family characteristics on individuals’ highest educational qualification ob-tained;by age 26 using UK data from the 1970 British Cohort Study. The;issues of the possible sample selection bias produced by the not completely;random omission of current family income and that of its potential endo-geneity;are addressed, using a hot-deck multiple imputation procedure and;including an indicator of child ability, respectively. I find evidence that cur-rent;family income has a statistically significant positive impact on children’s;education, although it is one of negligible magnitude. Long-term family char-acteristics;are far more important.
  • children, education, family income, hot check imputation, ordered probit
  • RePEc:anc:wpaper:174
Language
  • English
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