This paper studies the relationship between the labor market earnings of parents and their children, with a particular emphasis on education. We incorporate heterogeneity of levels of income in two ways: first, by examining the transmission mechanism of family income by grouping households according to income levels. Second, we use quantile regressions to evaluate how the earnings distribution changes over time. For this purpose, we use hourly earnings of the household head and decompose it into the estimated hourly earnings and a residual.
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Volume (Year): 28 (2002) Issue (Month): 3 (Summer) Pages: 381-392 Download reference. The following formats are available: HTML
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Find related papers by JEL classification: J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration I21 - Health, Education, and Welfare - - Education - - - Analysis of Education J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Gary S. Becker & Nigel Tomes, 1994.
"X. Human Capital and the Rise and Fall of Families,"
NBER Chapters,
in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd Edition), pages 257-298
National Bureau of Economic Research, Inc.
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