Authors
E.J.S. Plug
W.P. Vijverberg
Date (dd-mm-yyyy)
2005
Title
Does Family Income Matter for Schooling Outcomes? Using Adoption as a Natural Experiment
Journal
Economic Journal
Volume
115
Publication Year
2005
Pages
879-906
Issue number
506
Document type
Article
Faculty
Faculty of Economics and Business (FEB)
Institute
Amsterdam School of Economics Research Institute (ASE-RI)
Abstract
One would expect that family income is an important positive factor in children's school attainment. However, evidence is often tainted by the lack of control for parental ability, since at least a portion of ability is transferred genetically to children. This paper uses a sample of adopted children and offers genetically unbiased estimates. We further correct for biases arising from unobserved parenting qualities and from parents' differentiation between their own birth and adopted children. Family income still has a significant effect. It implies that high ability children in low income families face binding credit constraints that society may wish to relieve.
URL
go to publisher's site
Permalink
https://hdl.handle.net/11245/1.252990