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The Effects Of Labor Market Conditions And Family Backgrounds On Education Attainment Of Spanish Youngsters

Author

Listed:
  • Elena Casquel

    (Universidad Miguel Hernández)

  • Ezequiel Uriel Jiménez

    (Instituto Valenciano de Investigaciones Económicas)

Abstract

The aim of this paper is to study the impact of family background and labor market conditions on educational attainment of Spanish youngsters using a new sample of data drawn for the first seven waves of the European Community Household Panel (ECHP). Our results show that family background variables are strong determinants of the number of young adults that attained post-compulsory education. More specifically, we obtain that children¿s educational achievement is strongly related to parental education. Moreover, the results suggest that unemployment prospects aspect the demand for education through diminishing costs more than increasing returns to education. It could indicate that unemployment rate push people to enroll in tertiary education. El objetivo de este trabajo es analizar el impacto del entorno familiar y las condiciones del mercado laboral en las decisiones de educación de los jóvenes españoles. Para ello, vamos a usar una nueva muestra de datos obtenida de las primeras siete olas del panel de hogares europeo (phogue). Nuestros resultados muestran que las variables familiares tienen un fuerte impacto en el número de jóvenes que alcanzan educación superior. En concreto, obtenemos que la educación de los padres juega un papel muy importante. Además, nuestros resultados sugieren que las tasas de desempleo afectan a la decisión educativa disminuyendo los costes educativos pero no se observa evidencia de que incrementen los rendimientos de la educación. Estos resultados indican que las altas tasas de desempleo fomentan que los jóvenes realicen estudios universitarios.

Suggested Citation

  • Elena Casquel & Ezequiel Uriel Jiménez, 2007. "The Effects Of Labor Market Conditions And Family Backgrounds On Education Attainment Of Spanish Youngsters," Working Papers. Serie EC 2007-15, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    • Handle: RePEc:ivi:wpasec:2007-15
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    References listed on IDEAS

    as
    1. Maite Martínez-Granado & Javier Ruiz-Castillo, 2002. "The decisions of Spanish youth: A cross-section study," Journal of Population Economics, Springer;European Society for Population Economics, vol. 15(2), pages 305-330.
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    4. Rice, P.G. & McVicar, D., 1996. "Participation in full-time further eduction in England and Wales: an analysis of post-war trends," Discussion Paper Series In Economics And Econometrics 9604, Economics Division, School of Social Sciences, University of Southampton.
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    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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