The Effect of Parental Wealth on Children’s Educational Decisions in Germany: Compensation or Demotivation?
| Autor: | Nora Müller, Klaus Pforr, Oshrat Hochman |
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| Rok vydání: | 2019 |
| Předmět: |
bepress|Social and Behavioral Sciences|Sociology
SocArXiv|Social and Behavioral Sciences|Sociology bepress|Social and Behavioral Sciences|Sociology|Educational Sociology SocArXiv|Social and Behavioral Sciences|Sociology|Inequality Poverty and Mobility bepress|Social and Behavioral Sciences SocArXiv|Social and Behavioral Sciences|Sociology|Sociology of Education SocArXiv|Social and Behavioral Sciences bepress|Social and Behavioral Sciences|Sociology|Inequality and Stratification |
| Popis: | Our paper addresses the process of intergenerational mobility in terms of transfers of educational advantages and disadvantages trough parental wealth in Germany, where in contrast to the USA, education at any level is largely free of tuitions costs. Based on the unique features of wealth and following the logic of subjective expected utility theory, we propose and, as one of the very first studies, empirically test two causal mechanisms underlying the parental wealth-educational decisions relationship: “disadvantage compensation” and “educational demotivation”. We apply a multinomial logit model for discrete-time event history analysis, allowing us to estimate the relative transition risk ratio of children with university entrance qualification to make the transition from upper secondary school to 1) higher education, 2) the labor market or vocational training or 3) to not transition at all. The relative transition risk ratio is measured as a function of the relative position of the parents in the distribution of net wealth. Our analyses, based on data from the German Socio-Economic Panel Study (SOEP), reveal that children with wealthy parents are more likely to decide for higher education, even if they are faced with low cognitive abilities (i.e., disadvantage compensation). |
| Databáze: | OpenAIRE |
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