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Title: On the Human Wealth of Females Across Generations
Resulting in 1 citation.
1. Parsons, Donald O.
On the Human Wealth of Females Across Generations
Report, Columbus OH: Center for Human Resource Research, The Ohio State University, 1976
Cohort(s): Mature Women, Older Men, Young Men, Young Women
Publisher: Center for Human Resource Research
Keyword(s): Bias Decomposition; Educational Attainment; Employment; Family Background and Culture; Family Influences; Fathers, Influence; Husbands, Income; Husbands, Influence; Wages; Well-Being

Using data from four NLS cohorts, the author estimates a recursive model in which family background first influences the daughter's schooling and then, with schooling, influences husband's characteristics and her market wage. The influence of family background on female economic well-being is empirically assessed, considering several measures of well-being: female schooling, husband's schooling and income, and finally female wages. The analysis of female schooling suggests that the four background characteristics considered (father's wage rate and schooling, mother's schooling, and number of siblings) strongly influence female schooling attainment with total explanatory power of about 30 percent for middle aged women. As expected, the family wealth measure and the parent's schooling (measuring perhaps the intellectual environment) positively influenced one daughter's schooling, while number of siblings, presumably an indicator of lower support ability, had a modest negative effect. The estimated background coefficients on schooling did not differ in any dramatic way from comparable estimates for male offspring. Husband's income regressions were then estimated with female schooling and background characteristics as explanatory variables. The schooling and background variables were found to have strong and independent effects on the income of the female's husband. Similar results were found when husband's schooling was used as a dependent variable under the argument schooling might be an observable measure of future earning power.
Bibliography Citation
Parsons, Donald O. "On the Human Wealth of Females Across Generations." Report, Columbus OH: Center for Human Resource Research, The Ohio State University, 1976.