TY  - JOUR
AU  - Altonji,Joseph G.
AU  - Dunn,Thomas A.
TI  - The Effects of School and Family Characteristics on the Return to Education
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 5072
PY  - 1995
Y2  - March 1995
UR  - http://www.nber.org/papers/w5072
L1  - http://www.nber.org/papers/w5072.pdf
N1  - Author contact info:
Joseph G. Altonji
Department of Economics
Yale University
Box 208264
New Haven, CT  06520-8264
Tel: 203/432-6285
Fax: 203/432-5591
E-Mail: joseph.altonji@yale.edu

Thomas A. Dunn
AB  - We measure the effects of parental education on the education profile of wages.  The analysis uses sibling pairs from the Panel Study of Income Dynamics and the National Longitudinal Surveys of Labor Market Experience of Young Men and Young Women.  We also use the variance across siblings in school characteristics to estimate the effects of school inputs on wages holding family background constant. We obtained mixed evidence on whether parental education raises the return to education.  We find that teacher's salary, expenditures per pupil, and a composite index of school quality measures have a substantial positive effect on the wages of high school graduates.
ER  -