全球智库信息集成服务系统(G2TT): DP4134 Mark-ups, Gaps and the Welfare Costs of Business Fluctuations

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP4134
	DP4134 Mark-ups, Gaps and the Welfare Costs of Business Fluctuations
	Mark Gertler; Jordi Gali; Jose David Lopez-Salido
发表日期	2003-12-23
出版年	2003
语种	英语
摘要	Parents with higher education levels have children with higher education levels. Is this because parental education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely that more able individuals who have higher education also have more able children? This Paper proposes to answer this question by using a unique dataset from Norway. Using the reform of the education system that was implemented in different municipalities at different times in the 1960s as an instrument for parental education, we find little evidence of a causal relationship between parents? education and children?s education, despite significant OLS relationships. We find 2SLS estimates that are consistently lower than the OLS estimates with the only statistically significant effect being a positive relationship between mother's education and son's education. These findings suggest that the high correlations between parent?s and children?s education are due primarily to family characteristics and inherited ability and not education spillovers.
主题	Labour Economics
关键词	Intergenerational mobility Education Educational reform
URL	https://cepr.org/publications/dp4134
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/533109
推荐引用方式 GB/T 7714	Mark Gertler,Jordi Gali,Jose David Lopez-Salido. DP4134 Mark-ups, Gaps and the Welfare Costs of Business Fluctuations. 2003.