Why the apple doesn't fall far: Understanding intergenerational transmission of human capital
Journal article, Peer reviewed
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Original versionBlack, Sandra E., Paul J. Devereux and Kjell G. Salvanes. 2005. "Why the Apple Doesn't Fall Far: Understanding Intergenerational Transmission of Human Capital." American Economic Review, 95(1): 437-449. 10.1257/0002828053828635
Parents with higher education levels have children with higher education levels. Why is this? There are a number of possible explanations. One is a pure selection story: the type of parent who has more education and earns a higher salary has the type of child who will do so as well, regardless. Another story is one of causation: obtaining more education makes one a different type of parent, and thus leads to the children having higher educational outcomes.
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