Author
Summary
We evaluate the impact of parental education and household income on 10 to 15 year olds’aspirations for higher education. OLS estimates reveal no maternal education effects butpositive paternal education and household income effects. IV estimates of the model, whichsimultaneously account for endogeneity in parental education and household income, find nosignificant effects of household income on children’s aspirations for higher education butpositive, even though very imprecisely identified, paternal education effects.