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A Test of the Becker-Tomes Model of Human Capital Transmission Using Microdata on Four Generations
Stockholm University, Faculty of Social Sciences, Department of Economics. Institute for the Study of Labor, IZA, Germany .
Stockholm University, Faculty of Social Sciences, The Swedish Institute for Social Research (SOFI). Uppsala Center for Labor Studies, Sweden.
2014 (English)In: Journal of Human Capital, ISSN 1932-8575, E-ISSN 1932-8664, Vol. 8, no 1, 80-96 p.Article in journal (Refereed) Published
Abstract [en]

We estimate the well-known Becker-Tomes model of intergenerational transmission of human capital. A Swedish data set, which links individual measures on educational attainments of four generations, enables us to use great-grandparents' education as an instrumental variable. The identifying assumption, which holds within the Becker-Tomes framework, is that great-grandparents' education is unrelated to great-grandchildren's education, conditional on the education of the parent and grandparent. We test the model's prediction that the structural parameter for grandparents' education enters with a negative sign in an intergenerational regression model.

Place, publisher, year, edition, pages
2014. Vol. 8, no 1, 80-96 p.
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Economics Sociology
Identifiers
URN: urn:nbn:se:su:diva-107193DOI: 10.1086/674104ISI: 000340327100003OAI: oai:DiVA.org:su-107193DiVA: diva2:744264
Note

AuthorCount:4;

Available from: 2014-09-08 Created: 2014-09-05 Last updated: 2017-12-05Bibliographically approved

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