Parents' income and children's school drop-out at 16 in England and Wales: Evidence from the 1970 British Cohort Study

Review of Economics of the Household

Volumn 5, Issue 1, 2007, Pages 15-40

  Bratti, Massimiliano ^a  

^a UNIVERSITY OF MILAN   (Italy)

Author keywords

BCS70; Children; Education; Family income; School drop out

Indexed keywords

EID: 33947379981     PISSN: 15695239     EISSN: 15737152     Source Type: Journal    
DOI: 10.1007/s11150-007-9001-6     Document Type: Article

References (37)

1. Ashworth, K., Hardman, J., Hartfree, Y., Maguire, S., Middleton, S., Smith, D., Dearden, L., Emmerson, C., Frayne, C., & Meghir, C. (2002). Education Maintenance Allowance: The First Two Years A Quantitative Evaluation. Department for Education and Skills Research Report No. 352. Nottingham: Department for Education and Skills.
2. Andrews, M., & Bradley, S. (1997). Modelling the transition from school and the demand for training in the United Kingdom. Economica, 64, 387-413.
3. Becker, G. (1975). Human Capital. Chicago: Chicago University Press.
4. Becker, G. (1981). A treatise on the family. Cambridge (Mass.): Harvard University Press.
5. Blanden, J., & Gregg, P. (2004) Family income and educational attainment: A review of approaches and evidence for Britain. Oxford Review of Economic Policy, 2, 245-263.
6. Blanden, J., & Machin, S. (2004). Educational inequality and the expansion of UK Higher Education. Scottish Journal of Political Economy, 51, 230-249.
7. Blau, D.M. (1999). The effect of income on child development. Review of Economics and Statistics, 81, 261-276.
8. Bound, J., Jaeger, D.A., & Baker R.M. (1995). Problems with instrumental variables estimation when the correlation between the instruments and the endogenous explanatory variable is weak. Journal of the American Statistical Association, 90, 443-450.
9. Caliendo, M., & Kopeinig, S. (2005). Some practical guidance for the implementation of propensity score matching. IZA DP no. 1588. Bonn: IZA. Forthcoming on Journal of Economic Surveys.
10. Cameron, S.V., & Heckman, J.J. (1998). Life cycle schooling and dynamic selection bias: Models and evidence for five cohorts of American males. Journal of Political Economy, 106, 262-333.
11. Cameron, S.V., & Heckman, J.J. (2001). The dynamics of educational attainment for black, hispanic and white males. Journal of Political Economy, 109, 455-499.
12. Carneiro, P., Heckman J.J. (2002). The evidence on credit constraints in post-secondary schooling. Economic Journal, 112, 705-734.
13. Chevalier, A., & Lanot G. (2002). The relative effect of family characteristics and financial situation on educational achievement. Education Economics, 10, 165-181.
14. Chevalier, A. (2004). Parental education and child's education: A natural experiment. IZA Discussion Paper No. 1153. Bonn: IZA.
15. Datcher-Loury, L. (1988). Effects of mother's home time on children's schooling. Review of Economics and Statistics, 70, 367-373.
16. Dearden, L. (1999) The effects of families and ability on men's education and earnings in Britain. Labour Economics, 6, 551-567.
17. Dustmann, C., & Micklewright, J. (2001). Intra-Household Transfers and the Part-Time Work of Children. CEPR Discussion Paper No. 2796. London: LSE.
18. Elliot, C.D., Murray, D.J., & Pearson, L.S. (1979). British ability scales, manual 4: Tables of abilities and norms. NFER: Windsor.
19. Ermisch, J., & Francesconi, M. (2001a) Family matters: Impacts of family background on educational attainments. Economica, 68, 137-156.
20. Ermisch, J., & Francesconi, M. (2001b) Family structure and children's achievements. Journal of Population Economics, 14, 249-270.
21. Feinstein, L., & Symons, J. (1999). Attainment in secondary school. Oxford Economic Papers, 51, 300-321.
22. Griliches, Z. (1977). Estimating the returns to schooling: Some econometrics problems. Econometrica, 45, 1-22.
23. Heckman, J.J. (1979). Sample selection bias as a specification error. Econometrica, 47, 153-161.
24. Haveman, R., & Wolfe, B. (1995). The determinants of children's attainments: A review of methods and findings. Journal of Economic Literature, 33, 1829-1878.
25. Katz, L.F., & Summers, L.H. (1989). Industry rents: Evidence and implications. Brooking Papers on Economic Activity Microeconomics 0:209-275.
26. Krueger, A.B., Summers, L.H. (1988). Efficiency wages and the inter-industry wage structure. Econometrica, 56, 259-193.
27. Maurin, E. (2002). The impact of parental income on early schooling transitions: A re-examination using data over three generations. Journal of Public Economics, 85, 301-332.
28. Mayer, S.E. (1997). What money can't buy: Family income and children's life chances. Cambridge (MA): Harvard University Press.
29. Micklewright, J. (1989). Choice at sixteen. Economica, 221, 25-39.
30. Murphy, K., Topel, R. (1990). Efficiency wages reconsidered: Theory and evidence. In: Weiss Y., Fishelson G. (Eds.), Advances in the theory of measurement of unemployment. London: MacMillan.
31. Pissarides, C.A. (1981). Staying-on at school in England and Wales. Economica, 48, 345-363.
32. Pissarides, C.A. (1982). From school to university: The demand for post-compulsory education in Britain. Economic Journal, 92, 654-667.
33. Rice, P.G. (1987). The demand for post-compulsory education in the UK and the effects of educational maintenance allowances. Economica, 54, 465-475.
34. Romer, D. (1996). Advanced macroeconomics. New York: McGraw-Hill.
35. Shea, J. (2000). Does parents' money matter?. Journal of Public Economics, 77, 155-184.
36. Stewart, M.B. (1983). On least squares estimation when the dependent variable is grouped. Review of Economic Studies, 50, 737-753.
37. van de Ven Wynand, P.M.M., & Bernard, M.S. van Praag (1981). The demand for deductibles in private health insurance: A probit model with sample selection. Journal of Econometrics, 17, 229-252.