Solution-Hereditary component of intelligence

Hereditary component of intelligence

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It is likely that parents' achievements have some predictive power for their children's outcomes, as a result of both a hereditary component of intelligence and the possibility that higher educated parents stimulate their children to do well at school. thus we conside the model y= b₁+b₂meduc_i+b₃feduc_i+u_i.

Explain what b₂=b₃ means in economic terms.

Reference no: EM131066642

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Hereditary component of intelligence

Reference no: EM131066642

Reference no: EM131066642

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