Ethnic capital and intergenerational transmission of educational attainment
研究族群资本在教育成就代际传递中的作用，发现普通最小二乘法高估了族群资本的影响，且父母资本的作用随时间下降，而族群资本的影响相对稳定。
Summary This paper studies the role of ethnicity in the intergenerational transmission of educational attainment within the framework outlined by Borjas ( Quarterly Journal of Economics , 1992, 107 (1), 123–150). Relying on heteroskedasticity to identify parameters in the presence of endogenous regressors, I find evidence that the ordinary least squares estimates of the effect of ethnic capital on intergenerational transmission of education are biased upwards due to the transfer of unobserved ability. I also find that, while the role of parental capital has declined over time, ethnic capital has a relatively constant effect on intergenerational transmission of educational attainment.