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Ethnic capital and intergenerational transmission of educational attainment
Author(s) -
Postepska Agnieszka
Publication year - 2019
Publication title -
journal of applied econometrics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.878
H-Index - 99
eISSN - 1099-1255
pISSN - 0883-7252
DOI - 10.1002/jae.2682
Subject(s) - educational attainment , ethnic group , human capital , economics , demographic economics , capital (architecture) , ordinary least squares , social capital , social mobility , labour economics , econometrics , sociology , economic growth , geography , social science , archaeology , anthropology
Summary This paper studies the role of ethnicity in the intergenerational transmission of educational attainment within the framework outlined by Borjas ( Quarterly Journal of Economics , 1992, 107 (1), 123–150). Relying on heteroskedasticity to identify parameters in the presence of endogenous regressors, I find evidence that the ordinary least squares estimates of the effect of ethnic capital on intergenerational transmission of education are biased upwards due to the transfer of unobserved ability. I also find that, while the role of parental capital has declined over time, ethnic capital has a relatively constant effect on intergenerational transmission of educational attainment.