Changes in the wage structure,family income,and children's education |
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| Institution: | 1. Laboratory of Monitoring of Sociopolitical Destabilization Risks, National Research University Higher School of Economics, 20 Myasnitskaya, Moscow, Russia;2. George Mason University, School of Public Policy, 3351 Fairfax Drive, Arlington, VA 22201, USA;3. Research Laboratory on Political Demography and Social Macro-Dynamics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), 82 Vernadskogo Prospekt, Moscow, Russia;1. Lancaster University Management School (LUMS), Lancaster LA1 4YX, UK;2. IZA, Schaumburg-Lippe-Strasse 5-9, 53113 Bonn, Germany;3. School of Public Administration, Nanjing University of Finance and Economics, Nanjing, China;4. School of Business, University of Dundee, Dundee DD1 4HN, UK |
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| Abstract: | We exploit the changes in the distribution of family income to estimate the effect of parental resources on college education. Our strategy exploits the fact that families at the bottom of the income distribution were much poorer in the 1990s than they were in the 1970s, while the opposite is true for families in the top quartile of the distribution. Our estimates suggest large effects of family income on enrollments. For example, we find that a 10 percent increase in family income is associated with a 1.4 percent increase in the probability of attending a four-year college. |
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