using the data of 1994–2013, the effects of parents’ educational attainments and locality on educational achievements of adult sons and daughters are estimated. Parents’ educational attainments affect educational achievements of both sons and daughters positively. Locality strongly affects sons’ educational achievements, while daughters’ educational attainments are less dependent on it.
the author uses the data of 1994–2013 to estimate the effects of parent’s education and locality on occupation of adult sons and daughters, discovers that occupation of both sons and daughters depends on parent’s education. A high education attainment of parents increases the probability of children to be employed as officials, managers, or professionals. Locality has a strong influence on son’s occupation, while its effect on daughter’s occupation is less pronounced.
the paper examines approaches to the estimation of intergenerational correlations of earnings and education. Reasons for the existence of the correlation between characteristics of parents and children are stated. Restrictions for the application of the concept of credit constraints to explain intergenerational correlations are discussed. Approaches to identifying the causal effects of parental income and education on children’s ones are reviewed.
the paper examines approaches to finding internal rates of return for education. Assumptions that enable a researcher to interpret coefficients for the variable of schooling in earnings equations as internal rates of return for education are discussed. The advantages of a nonparametric estimation of internal rates of return for education, which allows using more realistic assumptions and all available data, are shown.