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Title: The Effects of School and Family Characteristics on the Return to Education
Resulting in 1 citation.
1. Altonji, Joseph G.
Dunn, Thomas Albert
The Effects of School and Family Characteristics on the Return to Education
NBER Working Paper No. 5072, National Bureau of Economic Research, March 1995.
Also: http://nber.nber.org/papers/W5072.pdf
Cohort(s): Young Men, Young Women
Publisher: National Bureau of Economic Research (NBER)
Keyword(s): Educational Returns; Family Background; Family Characteristics; High School Completion/Graduates; Mothers, Education; Pairs (also see Siblings); Panel Study of Income Dynamics (PSID); School Characteristics/Rating/Safety; School Quality; Siblings; Wage Models

We measure the effects of parental education on the education profile of wages. The analysis uses sibling pairs from the Panel Study of Income Dynamics and the National Longitudinal Surveys of Labor Market Experience of Young Men and Young Women. We also use the variance across siblings in school characteristics to estimate the effects of school inputs on wages holding family background constant. We obtained mixed evidence on whether parental education raises the return to education. We find that teacher's salary, expenditures per pupil, and a composite index of school quality measures have a substantial positive effect on the wages of high school graduates. Full-text available on-line: http://nber.nber.org/papers/W5072.pdf
Bibliography Citation
Altonji, Joseph G. and Thomas Albert Dunn. "The Effects of School and Family Characteristics on the Return to Education." NBER Working Paper No. 5072, National Bureau of Economic Research, March 1995.