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IZA Journal of European Labor Studies

Table 10 Effects of parental education in the preferred model

From: Intergenerational transmission of human capital in Europe: evidence from SHARE

 

(1)

(2)

(3)

(4)

 

OLS

Reduced-form

First stage

IV

Dependent variable:

Child’s education

Child’s education

Parental education

Child’s education

Parental education

0.286***

  

0.437*

 

(0.011)

  

(0.262)

Compulsory education

 

0.091

0.207***

 
  

(0.061)

(0.076)

 

Observations

6,184

6,184

6,184

6,184

R 2

0.243

0.141

0.258

0.214

First stage F statistic

7.47

   

Anderson-Rubin test p-value

0.134

   
  1. Notes: All specifications include controls for country dummies, birth cohort dummies for parents and children (in 1-year intervals), and socio-demographic characteristics. Standard errors clustered at the parents’ country and cohort level are reported in parentheses. * Significant at 10%; ** significant at 5%; *** significant at 1%.
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