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The College Investment Decision: Direct and Indirect Effects of Family Background on Choice of Postsecondary Enrollment and Quality

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  • Michael S. McPherson
  • Morton Owen Schapiro
  • Lori G. Kletzer
  • Jere R. Behrman

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Suggested Citation

  • Michael S. McPherson & Morton Owen Schapiro & Lori G. Kletzer & Jere R. Behrman, 1992. "The College Investment Decision: Direct and Indirect Effects of Family Background on Choice of Postsecondary Enrollment and Quality," Williams Project on the Economics of Higher Education DP-18, Department of Economics, Williams College.
    • Handle: RePEc:wil:wilehe:18
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    File URL: http://sites.williams.edu/wpehe/files/2011/06/DP-18.pdf
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    References listed on IDEAS

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    1. Willis, Robert J & Rosen, Sherwin, 1979. "Education and Self-Selection," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 7-36, October.
    2. Gary S. Becker & H. Gregg Lewis, 1974. "Interaction between Quantity and Quality of Children," NBER Chapters, in: Economics of the Family: Marriage, Children, and Human Capital, pages 81-90, National Bureau of Economic Research, Inc.
    3. Murphy, Kevin M & Topel, Robert H, 2002. "Estimation and Inference in Two-Step Econometric Models," Journal of Business & Economic Statistics, American Statistical Association, vol. 20(1), pages 88-97, January.
    4. Hausman, Jerry, 2015. "Specification tests in econometrics," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 38(2), pages 112-134.
    5. Boskin, Michael J, 1974. "A Conditional Logit Model of Occupational Choice," Journal of Political Economy, University of Chicago Press, vol. 82(2), pages 389-398, Part I, M.
    6. Zimmerman, David J, 1992. "Regression toward Mediocrity in Economic Stature," American Economic Review, American Economic Association, vol. 82(3), pages 409-429, June.
    7. Willis, Robert J, 1973. "A New Approach to the Economic Theory of Fertility Behavior," Journal of Political Economy, University of Chicago Press, vol. 81(2), pages 14-64, Part II, .
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    Cited by:

    1. repec:lan:wpaper:4467 is not listed on IDEAS
    2. Willem H. Buiter & Kenneth M. Kletzer, 1995. "Capital Mobility, Fiscal Policy, and Growth under Self-Financing of Human Capital Formation," Canadian Journal of Economics, Canadian Economics Association, vol. 28(s1), pages 163-194, November.
    3. Constantine, J.M., 1994. "Measuring the Effect of Attending Historically Black Colleges and Universities on Future Wages of Black Students," Williams Project on the Economics of Higher Education DP-30, Department of Economics, Williams College.
    4. Kathryn Wilson, 2001. "The Determinants of Educational Attainment: Modeling and Estimating the Human Capital Model and Education Production Functions," Southern Economic Journal, John Wiley & Sons, vol. 67(3), pages 518-551, January.
    5. Chung, Anna S., 2012. "Choice of for-profit college," Economics of Education Review, Elsevier, vol. 31(6), pages 1084-1101.
    6. repec:lan:wpaper:4769 is not listed on IDEAS
    7. Steven Jacob Bosworth, 2019. "Higher education fees as signals," Economics Discussion Papers em-dp2019-16, Department of Economics, University of Reading.
    8. Stefan Dietrich Josten, 2002. "National Debt, Borrowing Constraints, and Human Capital Accumulation in an Endogenous Growth Model," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 58(3), pages 317-338, July.
    9. repec:dau:papers:123456789/11242 is not listed on IDEAS
    10. Hilmer, Michael J., 2001. "Redistributive fee increases, net attendance costs, and the distribution of students at the public university," Economics of Education Review, Elsevier, vol. 20(6), pages 551-562, December.
    11. Kathryn Wilson, 2000. "Using the Psid to Study the Effects of School Spending," Public Finance Review, , vol. 28(5), pages 428-451, September.
    12. Kathlyn E. Lucia & Robert W. Baumann, 2009. "Differences in the College Enrollment Decision across Race," The American Economist, Sage Publications, vol. 53(1), pages 60-74, March.

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    Keywords

    postsecondary enrollment;

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