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The Impact of Parental Education on Earnings : New Wine in an Old Bottle?


Reference:

Hudson, J. and Sessions, J. G., 2009. The Impact of Parental Education on Earnings : New Wine in an Old Bottle? Working Paper. Bath, U. K.: Department of Economics, University of Bath. (Bath Economics Research Papers; 14/09)

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    Official URL:

    http://www.bath.ac.uk/economics/research/working-papers

    Abstract

    We examine the impact of parental education on the shape of an individual’s experience-earnings profile. A number of factors suggest that parental education will affect the ability of an individual to translate labor market experience into earnings. Our empirical analysis of US data suggests that this is indeed the case. Higher parental education shifts the earnings profile significantly to the left – the profile of individuals with parents who both have 15 years of education peaks at 16 years of experience when their wages are 52% (24%) greater than those whose parents both have only 5 (10) years of education.

    Details

    Item Type Reports/Papers (Working Paper)
    CreatorsHudson, J.and Sessions, J. G.
    Uncontrolled Keywordsearnings, human capital, parental education
    DepartmentsFaculty of Humanities & Social Sciences > Economics
    Research CentresBath Economics Research
    StatusPublished
    ID Code14762

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