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Title: Intergenerational Wealth Transfers and the Educational Decisions of Male Youth
Resulting in 1 citation.
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Parsons, Donald O. |
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Intergenerational Wealth Transfers and the Educational Decisions of Male Youth Quarterly Journal of Economics 89,4 (November 1975): 603-617. Also: http://qje.oxfordjournals.org/content/89/4/603.abstract Cohort(s): Young Men Publisher: Wiley Online Keyword(s): Educational Returns; Family Resources; Income Distribution; Intergenerational Patterns/Transmission; Schooling; Transfers, Wealth Permission to reprint the abstract has not been received from the publisher. Results strongly document Knight's assertion about the effect of social institutions, particularly the family, on income distribution. Both the quantity and productivity of educational investments are significantly determined by family wealth, human and physical, parental schooling, and number of siblings. The intergenerational social question is how social institutions can be altered to reduce the relative disadvantage of individuals born into less well-placed families if that goal is, in fact, desirable. The rather modest contribution of this paper to that end is to give some quantitative measure to the relative importance of the major channels by which family characteristics influence schooling choice. |
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Bibliography Citation
Parsons, Donald O. "Intergenerational Wealth Transfers and the Educational Decisions of Male Youth." Quarterly Journal of Economics 89,4 (November 1975): 603-617.
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