Skip to main content
Article thumbnail
Location of Repository

Parents' current income, long-term characteristics and children's education: evidence from the 1970 British Cohort Study

By Massimiliano Bratti


This paper investigates the effect of parents’ current income and long-term family characteristics on individuals’ highest educational qualification obtained by age 26 using UK data from the 1970 British Cohort Study. The issues of the possible sample selection bias produced by the not completely random omission of current family income and that of its potential endogeneity are addressed, using a hot-deck multiple imputation procedure and including an indicator of child ability, respectively. I find evidence that current family income has a statistically significant positive impact on children’s education, although it is one of negligible magnitude. Long-term family characteristics are far more important

Topics: HN, L1
Publisher: University of Warwick, Department of Economics
Year: 2002
OAI identifier:

Suggested articles


  1. (1996). Advanced Macroeconomics. doi
  2. (1979). British Ability Scales, Manual 4: Tables of Abilities and Norms.
  3. (2002). Child Development and Family Resources: Evidence from the Second Generation of The doi
  4. (1976). Child Endowments and the Quantity and Quality of Children’, doi
  5. (2000). Child Outcomes and Child Poverty: Provisional Results on Early School Leaving’, mimeo,
  6. (2000). Does Parents’ Money Matter?’, doi
  7. (2000). Educational Choice, Families, and Young People’s Earnings’, doi
  8. (1988). Effects of Mother’s Home Time on Children’s Schooling’, doi
  9. (2001). Estimating the Return to Schooling: Progress on Some Persistent Econometrics Problems’, doi
  10. (1977). Estimating the Returns to Schooling: Some Econometrics Problems’, doi
  11. (2002). Family Background, Cohort and Education A FrenchGerman Comparison’, Discussion Paper No. 02-12, Centre for European Economic Research (ZEW),
  12. (1998). Family Background, Family Income,
  13. (2001). HOTDECK: Stata Module to Impute Values Using the Hotdeck Method,
  14. (1975). Human Capital. doi
  15. (1989). Industry Rents: Evidence and Implications’, doi
  16. (1993). Intergenerational Transfers Without Altruism’, doi
  17. (1998). Life Cycle Schooling and Dynamic Selection Bias: Models and Evidence for Five Cohorts of American Males’, doi
  18. (1992). Maternal Labour Supply and Children’s Cognitive Development’, doi
  19. (1986). Multiple Imputation for Interval Estimation from Simple Random Samples with Ignorable Nonresponse’, doi
  20. (1987). Multiple Imputation for Nonresponse in Surveys. doi
  21. (1983). On Least Squares Estimation when the Dependent Variable Is Grouped’, doi
  22. (1973). On the Interaction Between the Quantity and Quality of Children’, doi
  23. (2002). Parents’ Current Income, Long-Term Characteristics and Children’s Education: Evidence from the 1970 British Cohort Study’, Quaderni di Ricerca n. 174, Dipartimento di Economia, Universit` a degli Studi di Ancona,
  24. (2000). Schooling of Girls and Boys in a West African Country: The Effects of Parental Education, Income, and Household Structure’, doi
  25. (2001). Stata 7, Reference Su-Z. College Station, doi
  26. (1995). The Consumption Function: A Theoretical and Empirical Overview’,
  27. (1994). The Demand for Education under Capital Market Imperfections’, doi
  28. (1987). The Demand for Post-Compulsory Education doi
  29. (1995). The Determinants of Children’s Attainments: A Review of Methods and Findings’,
  30. (2001). The Dynamics of Educational Attainment for Black, Hispanic, and White Males’, doi
  31. (1999). The Effect of Income on Child Development’, doi
  32. (2000). The Effect of Parents’ Employment on Children’s Educational Attainment’, Institute for Economic and Social Research (ISER) Working Papers n. 31,
  33. (1974). The Effect of Risk on the Investment in Human Capital’,
  34. (2002). The Impact of Parental Income on Early Schooling Transitions: A Re-examination Using Data over Three Generations’,
  35. (2000). The Relative Economic Importance of Academic, Psychological and Behavioural Attributes Developed in Childhood’, Center for Economic Performance (CEP) Discussion Papers n. 443,
  36. (2002). The Relative effect of Family Characteristics doi
  37. (2002). The Returns to Academic and Vocational Qualifications in Britain’, doi
  38. (2000). The Returns to Education: A Review of Evidence, doi
  39. (2000). The Returns to Higher Education in Britain: Evidence from a British Cohort’, doi
  40. (1986). Uncertainty and the Demand for Education’, Review of Economics and doi
  41. (1987). Were They Pushed of Did They Jump? Individual Decision Mechanisms in Education. Cambridge: doi
  42. (1997). What Money Can’t Buy: Family Income and Children’s Life Chances. Camdridge (MA): doi
  43. (1987). Women’s Work, Sibling Competition, and Children’s School Performance’,

To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.