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A Test of the Becker-Tomes Model of Human Capital Transmission Using Microdata on Four Generations
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
Uppsala University, Units outside the University, Office of Labour Market Policy Evaluation.
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.
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-231448DOI: 10.1086/674104ISI: 000340327100003OAI: oai:DiVA.org:uu-231448DiVA: diva2:745220
Available from: 2014-09-10 Created: 2014-09-08 Last updated: 2017-12-05Bibliographically approved

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Lindahl, MikaelSjogren, Anna

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