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The Effects of Family Characteristics on the Return to Education

Joseph G. Altonji and Thomas A. Dunn
The Review of Economics and Statistics
Vol. 78, No. 4 (Nov., 1996), pp. 692-704
Published by: The MIT Press
DOI: 10.2307/2109956
Stable URL: http://www.jstor.org/stable/2109956
Page Count: 13
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
The Effects of Family Characteristics on the Return to Education
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Abstract

In this paper we examine the role of parental education in the human capital production function by estimating the effects of parental education on the education profile of wages. The analysis uses sibling pairs from the Panel Study of Income Dynamics and the National Longitudinal Surveys of Labor Market Experience of Young Men and Young Women. We obtained mixed evidence on whether parental education raises the return to education.

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