ISSN: 0137-3056


MoSaHE points:

13



Editor in chief:
prof. dr hab. Tomasz Żylicz
tzylicz@wne.uw.edu.pl

Editorial assistant:
Marta Höffner
ekonomia@wne.uw.edu.pl
(48) 22 55 49 184

Publisher:



Does It Pay to Invest in the Education of Children?

J. Liwiński, E. Bedyk

ABSTRACT: The work described here sought to determine whether parents’ investment in the education of children in Poland has an impact on the wages of the latter in adulthood. To answer this question, an extended Mincer wage equation was estimated using OLS on the basis of data from the nationwide tracer survey of Polish graduates conducted in 2007. Analysis shows that parental investment in the education of children has a strong, positive impact on first earnings after the end of formal education. This relationship is to be observed when the investment is depicted with educational level of each parent, as well as when represented by the child’s participation in various extracurricular activities. Furthermore, if any of the above measures of parental investment is included in the equation, the wage premium from each level of formal education decreases. In particular, when both these measures of parental investments are included in the model, the tertiary education premium declines by about one quarter, while secondary vocational or general education are no longer significant determinants of the graduates’ wages (as compared with basic vocational education).

Full text (PDF)


Issue number: 47

In this issue:

Underestimated or Overestimated: Matching Funtion Elasticities Biased Due to Worker Inflows and Outflows
E. Gałecka-Burdziak
ABSTRACT | PDF
Do Entrants Take It All? The Evolution of Task Content of Jobs in Poland
W. Hardy, R. Keister, P. Lewandowski
ABSTRACT | PDF
Does It Pay to Invest in the Education of Children?
J. Liwiński, E. Bedyk
ABSTRACT | PDF
Applying Exogenous Variables and Regime Switching to Multi-Factor Models on Equity Indices
P. Sakowski, R. Ślepaczuk, M. Wywiał
ABSTRACT | PDF
Aggregation with a Double Non-Convex Labor Supply Decision: Indivisible Private- and Public-Sector Hours
A. Vasilev
ABSTRACT | PDF
Revisiting Conventional Wisdom: Does Financialization Have to Leave Sovereigns Subordinated?
A. Ząbkowicz, S. Czech
ABSTRACT | PDF
SEARCH:



2017
2016 2015 2014 2013 2012 2011 2009 2008 2007 2005 2004 2003 2002 2001