adoptive parents. We argue that the impact from biological parents captures broad pre-birth factors, including genes and … prenatal environment, and the impact from adoptive parents represents broad post-birth factors, such as childhood environment …, for the intergenerational association in education and income. We find that both pre- and post-birth factors contribute to …

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 …

mother?s or father?s education raises children?s education by about 0.1 year. Our estimated income elasticities are around 0.1. …We explore the adoption data approach to estimating causal effects of parental education and income on the same … outcomes of their children. Thanks to a data set drawn from Swedish population registers with detailed information on …

Most previous studies of intergenerational transmission of human capital are restricted to two generations - parents … and their children. In this study we use a Swedish data set which enables us link individual measures of lifetime earnings … based on income data from two generations accurately predicts earnings persistence beyond two generations. We also do a …

A vast literature has established a strong positive association of income with health status and a negative association … with mortality. This paper studies the effects of income on health and mortality, using only the part of income variation … that is due to a truly exogenous factor: the monetary lottery prizes of individuals. The findings are that higher income …

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 …