Data and Code for: "The Impact of Parental Wealth on College Degree Attainment: Evidence from the Housing Boom & Bust"

Principal Investigator(s):  View help for Principal Investigator(s) Rucker Johnson, UC-Berkeley Goldman School of Public Policy

Version:  View help for Version V1

Name File Type Size Last Modified
  Geocode_match_program 11/18/2020 03:11:AM
  PSIDwealthVars 11/18/2020 03:11:AM
  SASfiles 11/18/2020 03:22:AM

Citation: 

Johnson, Rucker. Data and Code for: “The Impact of Parental Wealth on College Degree Attainment: Evidence from the Housing Boom & Bust”: AERP P2020_ReplicationFiles_Johnson: MakeData. Nashville, TN: American Economic Association [publisher], 2020. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2020-11-18. https://doi.org/10.3886/E126861V1-115500

To view the citation for the overall project, see http://doi.org/10.3886/E126861V1.

Project Description

Summary:  View help for Summary This study provides new evidence on the impact of parental wealth on college degree attainment. Using geocoded data from the Panel Study of Income Dynamics (1968-2017) linked to local housing price data from the Federal Housing Finance Agency, the empirical strategy analyzes parental housing wealth changes induced by local housing booms of the late 1990s-early 2000s, and the subsequent housing bust of the 2007-2009 period. 2SLS/IV estimates show parental wealth significantly increases the likelihood of earning a four-year college degree. Moreover, the combined effects of parental income and wealth are significantly greater than the effects of income alone.

Scope of Project

Subject Terms:  View help for Subject Terms parental wealth
JEL Classification:  View help for JEL Classification
      I24 Education and Inequality
Geographic Coverage:  View help for Geographic Coverage US nationally-representative

Methodology

Unit(s) of Observation:  View help for Unit(s) of Observation Individual

Related Publications

This study is un-published. See below for other available versions.

Published Versions

V2 [2025-05-02]

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Dublin Core

DDI 2.5

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