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 …

propose a game-theoretic model that matches these facts. The key feature of the model is that colleges want to admit students … who are enthusiastic about attending, and early admissions programs give students an opportunity to signal this enthusiasm …

students respond to their menus' like rational human capital investors. Whether they make the investments efficiently is … aptitude students respond to aid in a way that apparently reduces their lifetime present value. While both a lack of … sophistication/information and credit constraints can explain the behavior of this 30 percent of students, the weight of the evidence …

achievement tests, we map achievement onto a common (PISA) scale. We then estimate the share of children not achieving basic …