We present a model of endogenous schooling and earnings to isolate the causal effect of parents' education on children …'s education and earnings outcomes. The model suggests that parents' education is positively related to children's earnings, but … regressing children's schooling on parents' schooling is mainly accounted for by the correlation between parents' schooling and …

comparative advantages in math of parents are significantly linked to those of their children. A causal interpretation follows … quality. Finally, we show the strong influence of family skill transmission on children's choices of STEM fields …

, grandfathers matter for income transmission, above and beyond their effect on fathers' income. Second, the socio-economic status of …

household of only three people, in 1850 household size was twice that figure. Further, both the number of children and the …-family relations and focus on households as collections of roommates. The model's mechanism is that rising income leads to a falling … size, consumption patterns, and income in the cross-section at the end of the 20th century. We then project the model back …

Foster care provides substitute living arrangements to protect maltreated children. The practice is remarkably common …: it is estimated that 5 percent of children in the United States are placed in foster care at some point during childhood …. These children exhibit poor outcomes as children and adults, and economists have begun to estimate the causal relationship …

interventions. We show that even a modest transfer of family income to families at ages 5-6 would substantially increase children …We develop a new estimator for the process of children's skill formation in which children's skills endogenously … United States, we estimate the technology of skill formation, the process of parental investments in children, and the adult …

displays low income inequality and high social mobility? Using data on 1.45M Finnish individuals and their parents, we find …Why is invention strongly positively correlated with parental income not only in the US but also in Finland which … that: (i) the positive association between parental income and off-spring probability of inventing is greatly reduced when …