Research Paper

Educational choice, families and young people’s earnings

By John Ermisch and Marco Francesconi

Publication details

Publication date
Series or book
Working Papers of the ESRC Research Centre on Micro-Social Change
Series or chapter number
97-06
Publisher
ESRC Research Centre on Micro-social Change: University of Essex

Abstract

This paper presents two optimising models of individual or parental educational choice, and discusses issues of identification and estimates earnings equations in the context of these models. The estimates indicate that education is endogenous for young men's earnings, but not for young women. Identification and estimation relies on family background information from a special sample from the British Household Panel Study 1991-95, which matches mothers and their young adult children.

Notes

working paper

Topics