Education, Self-Selection, and Intergenerational Transmission of Abilities
AbstractThis article shows that the relationships between earnings and college education across generations can be explained by the intergenerational transmission of two distinct abilities and subsequent self‐selection of educational attainment. It is not necessary to invoke credit constraints. The model offers a way to reconcile the predictions of economic theory with empirical results that stress the importance of ability transmission across generations and question the importance of credit constraints for determining college attendance.
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Bibliographic InfoArticle provided by University of Chicago Press in its journal Journal of Human Capital.
Volume (Year): 2 (2008)
Issue (Month): 1 ()
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Web page: http://www.journals.uchicago.edu/JHC/
Other versions of this item:
- Adalbert Mayer, 2004. "Education, Self-Selection and Intergenerational Transmission of Abilities," 2004 Meeting Papers 107, Society for Economic Dynamics.
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
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- Toshihiko Mukoyama & Aysegul Sahin, 2005.
"Costs of Business Cycles for Unskilled Workers,"
05002, Concordia University, Department of Economics.
- Regina Riphahn & Florian Schieferdecker, 2012.
"The transition to tertiary education and parental background over time,"
Journal of Population Economics,
Springer, vol. 25(2), pages 635-675, January.
- Regina Riphahn & Florian Schieferdecker, 2008. "The Transition to Tertiary Education and Parental Background over Time," Working Papers 063, Bavarian Graduate Program in Economics (BGPE).
- Vincenzo Caponi, 2011.
"Intergenerational Transmission Of Abilities And Self‐Selection Of Mexican Immigrants,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(2), pages 523-547, 05.
- Vincenzo Caponi, 2007. "Intergenerational Transmission of Abilities and Self Selection of Mexican Immigrants," Working Paper Series 20-07, The Rimini Centre for Economic Analysis, revised Jul 2007.
- Vincenzo Caponi, 2009. "Intergenerational Transmission of Abilities and Self Selection of Mexican Immigrants," 2009 Meeting Papers 1144, Society for Economic Dynamics.
- Vincenzo Caponi, 2009. "Intergenerational Transmission of Abilities and Self Selection of Mexican Immigrants," Working Papers 002, Ryerson University, Department of Economics.
- Caponi, Vincenzo, 2006. "Intergenerational Transmission of Abilities and Self Selection of Mexican Immigrants," IZA Discussion Papers 2431, Institute for the Study of Labor (IZA).
- Toshihiko Mukoyama & Aysegül Sahin, 2005. "The cost of business cycles for unskilled workers," Staff Reports 214, Federal Reserve Bank of New York.
- Montserrat Vilalta-Bufi(Universitat de Barcelona) & Ausias Ribo (Universitat de Barcelona), 2012. "Educational expansion, intergenerational mobility and over-education," Working Papers in Economics 284, Universitat de Barcelona. Espai de Recerca en Economia.
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