How skills and parental valuation of education influence human capital acquisition and early labor market return to human capital in Canada
Authors: Michael J. Kottelenberg and Steven F. Lehrer
Overview
Abstract (English)
Using the Youth in Transition Survey, we estimate a Roy model with a three-dimensional latent factor structure to consider how parental valuation of education, cognitive skills, and noncognitive skills influence endogenous schooling decisions and subsequent labor market outcomes. We find that the effect of cognitive skills on adult incomes arises by increasing the likelihood of obtaining further education. Furthermore, we find that both noncognitive skills and parental valuation for education play a larger role in determining income at age 25 than cognitive skills. Last, our analysis uncovers striking differences between men and women in several of the estimated relationships.
Abstract (French)
Please note that abstracts only appear in the language of the publication and might not have a translation.
Details
| Type | Journal article |
|---|---|
| Author | Michael J. Kottelenberg and Steven F. Lehrer |
| Publication Year | 2019 |
| Title | How skills and parental valuation of education influence human capital acquisition and early labor market return to human capital in Canada |
| Volume | 37 |
| Journal Name | Journal of Labor Economics |
| Number | S2 |
| Pages | S735-S778 |
| Publication Language | English |
- Michael J. Kottelenberg
- Michael J. Kottelenberg and Steven F. Lehrer
- How skills and parental valuation of education influence human capital acquisition and early labor market return to human capital in Canada
- Journal of Labor Economics
- 37
- 2019
- S2
- S735-S778