TY - JOUR AU - Rothstein, Jesse TI - Inequality of Educational Opportunity? Schools as Mediators of the Intergenerational Transmission of Income JF - National Bureau of Economic Research Working Paper Series VL - No. 24537 PY - 2018 Y2 - April 2018 DO - 10.3386/w24537 UR - http://www.nber.org/papers/w24537 L1 - http://www.nber.org/papers/w24537.pdf N1 - Author contact info: Jesse Rothstein Goldman School of Public Policy and Department of Economics University of California, Berkeley 2607 Hearst Avenue #7320 Berkeley, CA 94720-7320 Tel: 510/495-0646 Fax: 510/643-9657 E-Mail: rothstein@berkeley.edu M1 - published as Jesse Rothstein. "Inequality of Educational Opportunity? Schools as Mediators of the Intergenerational Transmission of Income," in David Card, organizer, "Youth Labor Markets" Journal of Labor Economics, volume 37, supplement 1 (University of Chicago Press) (2019) AB - Chetty et al. (2014b) show that children from low-income families achieve higher adult incomes, relative to those from higher income families, in some commuting zones (CZs) than in others. I investigate whether children’s educational outcomes help to explain the between-CZ differences. I find little evidence that the quality of schools is a key mechanism driving variation in intergenerational mobility. While CZs with stronger intergenerational income transmission have somewhat stronger transmission of parental income to children’s educational attainment and achievement, on average, neither can explain a large share of the between-CZ variation. Marriage patterns explain two-fifths of the variation in income transmission, human capital accumulation and returns to human capital each explain only one-ninth, and the remainder of the variation (about one-third) reflects differences in earnings between children from high- and low-income families that are not mediated by human capital. This points to job networks and the structure of local labor and marriage markets, rather than the education system, as likely factors influencing intergenerational economic mobility. ER -