Measurement and Cross-Country Differences

The authors argue that it accounts for no more than

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Unformatted text preview: ve placement and measurement error accounts. The authors argue that it accounts for no more than 13 percent of the estimated impact of the parents’ characteristics. Source: Bjorklund, Lindahl and Plug (2006) THE ORIGINS OF INTERGENERATIONAL ASSOCIATIONS TABLE II ESTIMATED TRANSMISSION COEFFICIENTS Years of schooling (1) Own-birth children Bio father Adopted children Bio father Adoptive father (3) (4) .170** (.002) .158** (.002) .339** (.004) .243** (.002) .094** (.016) .101** (.017) .094** (.014) .021 (.015) .184** (.036) .188** (.029) .349** (.040) .113** (.016) Bio mother .132** (.017) .114** (.013) Adoptive mother Sum of estimates .227** for bio and (.019) adoptive fathers Sum of estimates for bio and adoptive mothers LINEAR MODELS University (2) .240** (.002) Bio mother IN .074** (.014) .207** (.021) .122** (.016) 1013 Earnings Income (7) (8) (5) (6) .235** (.005) .241** (.004) .337** (.004) .237** (.004) .246** (.004) .148** (.036) .229** (.034) .102** (.026) .097** (.026) .047 (.034) .059* (.028) .098** (.038) .172** (.031) .249** (.059) .145** (.049) .231** (.040) .261** (.034) .165** (.024) .145** (.024) .406** (.039) .326** (.029) Standard errors are shown in parentheses; * indicates significance at 5 percent level, and ** at 1 percent level. All specifications include controls for the child’s gender, 4 birth cohort dummies for the child, 8 birth cohort dummies for biological/adoptive father/mother, and 25 region dummies of where the biological/ adoptive family lived in 1965. The numbers of observations in the second panel for own-birth and adopted children are 94,079/2,125 in columns (1)–(6), 87,079/1,780 in column (7) and 91,932/1,976 in column (8). their partner’s education is brought into the equation. Assortative mating on education lies behind this pattern. The estimated intergenerational elasticities with respect to father’s earnings and income are virtually identical and equal to 0.24. They are similar to those obtained by Bjorklund and Jantti ¨ ¨ [1997] and Bjorklund and Chadwi...
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This document was uploaded on 02/26/2014 for the course ECON 560 at UBC.

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