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You, Jing, Ding, Xinxin, Niño-Zarazúa, Miguel and Wang, Sangui (2021) 'The intergenerational impact of house prices on education: evidence from China.' Journal of Housing Economics, 54. p. 101788.

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Abstract

We investigate heterogeneous and nonlinear intergenerational transmission of education and the impact on this of house prices. Using the China Household Finance Survey, we construct household history of property purchases and educational investment over the past 16 years with current filial educational achievement. High house prices tighten the household's credit constraints, resulting in the concave slopes of filial education as a function of father's education. On average one standard deviation in father's (mother's) education accounts for 0.375 (0.098) standard deviations of filial education. Decomposition reveals the “glass ceiling” and the “glass floor” in two tails of education distribution.

Item Type: Journal Article
Keywords: Intergenerational correlation coefficientEducationHouse priceQuantile regressionDecomposition
SOAS Departments & Centres: Departments and Subunits > Department of Economics
ISSN: 10511377
DOI (Digital Object Identifier): https://doi.org/10.1016/j.jhe.2021.101788
Date Deposited: 21 Jan 2022 18:35
URI: https://eprints.soas.ac.uk/id/eprint/35867
Funders: Other

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