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 …

There are many possible pathways between parental education, income, and health, and between child health and education … status (as measured by education, income, occupation, or in some cases area of residence) and child health, and between child … health and adult education or income. Specifically, I ask two questions: What is the evidence regarding whether parental …

Previous studies of recent U.S. trends in intergenerational income mobility have produced widely varying results … Income Dynamics, we generate more reliable estimates of the recent time-series variation in intergenerational mobility. Our …

Inequality in income or earnings is the most indisputable fact about the distribution of income. Inequality in income … income redistribution, and the efficacy of various policy tools, economists are also concerned with establishing how various …. Economists have constructed various theories that purport to explain income distribution. Some aspects of these theories have …

from a birth cohort that has been followed from birth into middle age. We find, controlling for parents' incomes …, educations and social status, that children who experience poor health have significantly lower educational attainment, and … effects on educational attainment and initial adult health. Taken together with earlier findings that poorer children enter …

children born after WWII. Using state-level data on income growth, smoking, obesity and education, we explain over 70% of the … income growth from 1950 to 1980 as a proxy for socioeconomic forces that created unbalanced physical growth among southern …

parents and children. We find that higher levels of parents' wealth and income increase the likelihood that children attend …This paper examines the influence of parental wealth and income on children's college attendance and parental financing … of housing debt that parents hold but does not reduce student debt for children …

friction we investigate is related to the ownership of children. If parents have no claim on their children's income, then the …) model with fertility choice and altruism, and model ownership by introducing a minimum constraint on transfers from parents … to children. Using the efficiency concepts proposed in Golosov, Jones, and Tertilt (2007), we find that whenever the …

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 …