More able parents tend to have more able children. While few would question the validity of this statement, there is … estimated elasticity of intergenerational transmission of income of approximately .2 …

of children from poorer families …

employ data from the universe of children born in Florida between 1994 and 2002 and in Denmark between 1990 and 2001, which …

occupational sorting; first-born children are more likely to be managers, while later-born children are more likely to be self …-employed. We also find that earlier born children are more likely to be in occupations that require leadership ability, social … evidence of lower parental human capital investments in later-born children …