TY  - JOUR
AU  - Acemoglu,Daron
AU  - Pischke,Jorn-Steffen
TI  - Changes in the Wage Structure, Family Income, and Children's Education
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 7986
PY  - 2000
Y2  - October 2000
UR  - http://www.nber.org/papers/w7986
L1  - http://www.nber.org/papers/w7986.pdf
N1  - Author contact info:
Daron Acemoglu
Department of Economics
MIT, E52-380B
50 Memorial Drive
Cambridge, MA  02142-1347
Tel: 617/253-1927
Fax: 617/253-1330
E-Mail: daron@mit.edu

Jorn-Steffen Pischke
CEP
London School of Economics
Houghton Street
London WC2A 2AE
UNITED KINGDOM
Tel: 44-20-7955-6509
Fax: 44-20-7955-7595
E-Mail: s.pischke@lse.ac.uk
AB  - We exploit the changes in the distribution of family income to estimate the effect of parental resources on college education. Our strategy exploits the fact that families at the bottom of the income distribution were much poorer in the 1990s than they were in the 1970s, while the opposite is true for families in the top quartile of the distribution. Our estimates suggest large effects of family income on enrollments. For example, we find that a 10 percent increase in family income is associated with a 1.4 percent increase in the probability of attending a four-year college.
ER  -