Family Background in an Extended Earnings-Generation Model: Further Evidence
AbstractThis paper reports estimates of family background effects on earnings in the context of a more extensive multi-equation model of earnings generation. This allows more complete characterization of direct versus indirect background effects. In addition to education, occupational attainment, and earnings, the model includes equations for initial occupation and for a direct measure of work experience. A novel data set that includes extensive family background variables is used. Important background effects for mother and father separately are found on education (directly) and earnings (indirectly). Strong support is found for several hypotheses concerning inputs to home-produced human capital.
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Bibliographic InfoArticle provided by Eastern Economic Association in its journal Eastern Economic Journal.
Volume (Year): 14 (1988)
Issue (Month): 1 (Jan-Mar)
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NBER Working Papers
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- Huw Lloyd-Ellis, 2003. "On the Impact of Inequality on Productivity Growth in the Short and Long Term: A Synthesis," Canadian Public Policy, University of Toronto Press, vol. 29(s1), pages 65-86, January.
- Ross Finnie & Ronald Meng, 2005. "Literacy and labour market outcomes: self-assessment versus test score measures," Applied Economics, Taylor & Francis Journals, vol. 37(17), pages 1935-1951.
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