This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills … investment in children compared to later remediation. We establish nonparametric identfication of a general class of production … targeting of interventions to children with different parental and personal birth endowments. Substitutability decreases in …

educational attainment of dependent children. We add to this literature and examine children's secondary school track choice in … paternal risk preferences but a strong negative impact of maternal risk aversion on children's enrollment in upper secondary …

educational attainment of dependent children. We add to this literature and examine children's secondary school track choice in … paternal risk preferences but a strong negative impact of maternal risk aversion on children's enrollment in upper secondary …

educational attainment of dependent children. We add to this literature and examine whether parent's risk attitudes relate to … children's secondary school track choice in Germany where tracking occurs at age ten and has a strong binding character. Our … children's enrollment in upper secondary school. …

We use a unique data set about the wage distribution that Swiss students expect for themselves ex ante, deriving … which handicapped the use of actual market wage dispersion as risk measure in earlier studies. Students in our sample … risk as expected by students we find compensation at similar elasticities as observed in market data. The results are …