Intergenerational transmission of human capital in Europe: evidence from SHARE

IZA Journal of European Labor Studies

Table 7 Effects of Parents’ education on Sons and Daughters, IV w/o country-specific trends

	(1)	(2)	(3)	(4)
Sample	Overall	Overall	Sons	Daughters
Panel A: 2SLS
Dep. Var.: Child’s education
Parental education	0.437*	0.462*	0.553*	0.410
	(0.262)	(0.269)	(0.300)	(0.573)
Parental educ*female (parent)		0.050***	0.058***	0.044*
		(0.013)	(0.017)	(0.023)
Observations	6,184	6,184	3,117	3,067
Mean of Dep. Var.	13.25	13.25	13.14	13.34
Std. Dev. of Dep. Var.	2.84	2.84	2.89	2.78
Angrist-Pischke first stage F statistic	7.47	6.99	7.56	2.00
Panel B: First stage
Dep. Var.: Parent’s education
Compulsory education	0.207***	0.226***	0.301***	0.153
	(0.076)	(0.077)	(0.102)	(0.094)
Compulsory educ*female (parent)		-0.052***	-0.055***	-0.048***
		(0.012)	(0.016)	(0.017)
Observations	6,184	6,184	3,117	3,067

Notes: All specifications include controls for country dummies, birth cohort dummies for parents and children (in 1-year intervals) and socio-demographic characteristics. The Angrist-Pischke first stage F statistic refers to the first stage regression of parental education; the first stage regression of parental education*female has much stronger power, thus the Angrist-Pischke first stage F statistic is omitted. Standard errors clustered at the parents’ country and cohort level are reported in parentheses. * Significant at 10%; ** significant at 5%; *** significant at 1%.