Market Returns, Transfers and Demand for Schooling in Malaysia, 1976-89
If parents expect higher market returns to schooling or additional transfers from their children, they invest more in their children's schooling. Results from models of schooling demand using data from the Malaysian Family Life Surveys of 1976 and 1989 suggest that market returns of mothers but not fathers positively affected schooling. The propensity for parents to spend time with their parents had a small positive effect on education of daughters, but other transfers had a weak negative effect. The results suggest that if one generation perceives a low return to schooling, then the next generation - especially daughters - pays the price of lower schooling.
Volume (Year): 39 (2003)
Issue (Month): 3 ()
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