Variation of Relationship between Individual and Parental Education across OECD Countries
|Author:||Bc. Michal Todt|
|Year:||2016 - summer|
|Leaders:|| doc. PhDr. Julie Chytilová Ph.D.
|Work type:|| Bachelors
|Awards and prizes:|
|Abstract:||This thesis investigates the presence of intergenerational transitions of education and how it
relates to wealth. The analysis is conducted on a set of 30 OECD countries. Linear regression
is used to show the presence of positive, signiffcant effects of maternal and paternal education
on individual's education. Additionally, the we evaluate the functional form of the relationship
between marginal effects of parental education and wealth. The datasets do not provide any
supportive evidence for the hypothesis increasing of marginal effects being increasing and
concave function of wealth on the interval of feasible wealth values. Moreover, the obtained
positive marginal effects are likely to suffer by endogeneity bias.