The Intergenerational Effects of Schooling
| Dependent Variable: Child Grade Attainment | ||
|---|---|---|
| OLS (1) | 2SLS (2) | |
| Panel A: Mothers Sample | ||
| Mother’s schooling | 0.100*** [0.002] | 0.073*** [0.014] |
| F-test | 14.04 | |
| p-value | 0.002 | |
| Observations | 91,480 | 91,480 |
| Panel B: Fathers Sample | ||
| Father’s schooling | 0.098*** [0.003] | 0.092*** [0.016] |
| F-test | 25.13 | |
| p-value | 0.000 | |
| Observations | 50,026 | 50,026 |
↵Notes: Each cell represents an estimate from a separate regression; robust standard errors clustered by age in 1980 appear in brackets. All regressions include linear splines in parent age in 1980 (coefficients not shown), fixed effects for child ages 7−15 (omitted age is six), and a binary indicator for girls. The 2SLS regressions instrument parent schooling with the discontinuity at age 15 in 1980. The reported F-statistics refer to this excluded instrument. Statistical significance: *p < 0.10, **p < 0.05, ***p < 0.01.