Family effects on an individual's labor market success have been studied by economists and sociologists. The consensus is that background matters to educational and labor market performance, but it is not clear how and why. I look at indicators of family background and sibling structure, analyzing their effect on educational attainment and earnings. Parental income, schooling and other characteristics are amongst the main determinants of schooling. Also, sibling structure and density affect education, but have no effect on earnings. Sibling density and sex composition are tested as instruments for schooling. With the IV-strategy, estimated return to schooling decreases from 9 to 7 percent for men, but increases to 11-14 percent for women.
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Paper provided by Government Institute for Economic Research Finland (VATT) in its series Discussion Papers with number
302.
Length: Date of creation: 15 Apr 2003 Date of revision: Handle: RePEc:fer:dpaper:302
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Find related papers by JEL classification: D19 - Microeconomics - - Household Behavior - - - Other C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - General O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
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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Behrman, Jere R & Pollak, Robert A & Taubman, Paul, 1986.
"Do Parents Favor Boys?,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 27(1), pages 33-54, February.
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