Class Year
2015
Access Type
Vassar Community Access
Degree Name
Bachelor of Arts
Department or Program
Economics Department
First Advisor
Catharine Bond Hill
Abstract
This study intends to determine some of the avenues through which parent income affects child income and if the public education system has the potential to increase income mobility and equalize economic opportunity. I find that the income elasticity between generations falls somewhere between 0.4 and 0.6, depending on other controls, and that this elasticity tends to be higher for the lower end of the future income distribution. However, certain education measures studied, such as the fraction of newly hired teachers and teacher salaries, could alleviate some of these effects.
Recommended Citation
Hashizume, Marissa, "The United States Education System and Intergenerational Income Mobility" (2015). Senior Capstone Projects. 498.
https://digitalwindow.vassar.edu/senior_capstone/498