Parental Education, Grade Attainment and Earnings Expectations among University Students
AbstractWhile there is an extensive literature on intergenerational transmission of economic outcomes (education, health and income for example), many of the pathways through which these outcomes are transmitted are not as well understood. We address this deficit by analysing the relationship between socio-economic status and child outcomes in university, based on a rich and unique dataset of university students. While large socio-economic differences in academic performance exist at the point of entry into university, these differences are substantially narrowed during the period of study. Importantly, the differences across socio-economic backgrounds in university grade attainment for female students is explained by intermediating variables such as personality, risk attitudes and time preferences, and subject/college choices. However, for male students, we explain less than half of the socio-economic gradient through these same pathways. Despite the weakening socio-economic effect in grade attainment, a key finding is that large socio-economic differentials in the earnings expectations of university students persist, even when controlling for grades in addition to our rich set of controls. Our findings pose a sizable challenge for policy in this area as they suggest that equalising educational outcomes may not translate into equal labour market outcomes.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 5646.
Length: 47 pages
Date of creation: Apr 2011
Date of revision:
Publication status: published in: Economics of Education Review, 2011, 30 (6), 1136-1152
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Other versions of this item:
- Delaney, Liam & Harmon, Colm & Redmond, Cathy, 2011. "Parental education, grade attainment and earnings expectations among university students," Economics of Education Review, Elsevier, vol. 30(6), pages 1136-1152.
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
- J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
- C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-04-23 (All new papers)
- NEP-EDU-2011-04-23 (Education)
- NEP-LAB-2011-04-23 (Labour Economics)
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.:
- Elish Kelly & Philip O'Connell & Emer Smyth, 2008.
"The Economic Returns to Field of Study and Competencies Among Higher Education Graduates in Ireland,"
WP242, Economic and Social Research Institute (ESRI).
- Kelly, Elish & O'Connell, Philip J. & Smyth, Emer, 2010. "The economic returns to field of study and competencies among higher education graduates in Ireland," Economics of Education Review, Elsevier, vol. 29(4), pages 650-657, August.
- Antonio Filippin & Marco Paccagnella, 2012.
"Family background, self-confidence and economic outcomes,"
Temi di discussione (Economic working papers)
875, Bank of Italy, Economic Research and International Relations Area.
- Filippin, Antonio & Paccagnella, Marco, 2012. "Family background, self-confidence and economic outcomes," Economics of Education Review, Elsevier, vol. 31(5), pages 824-834.
- Filippin, Antonio & Paccagnella, Marco, 2011. "Family Background, Self-Confidence and Economic Outcomes," IZA Discussion Papers 6117, Institute for the Study of Labor (IZA).
- Jan Kleibrink & Maren M. Michaelsen, 2012. "Reaching High: Occupational Sorting and Higher Education Wage Inequality in the UK," Ruhr Economic Papers 0377, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
- Deniz Gevrek & Z. Eylem Gevrek & Cahit Guven, 2013. "Benefits of Education at the Intensive Margin: Childhood Academic Performance and Adult Outcomes among American Immigrants," Working Paper Series of the Department of Economics, University of Konstanz 2013-11, Department of Economics, University of Konstanz.
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