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 …

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 …

children enter school. Families are major producers of those skills. Inequality in performance in school is strongly linked to … inequality in family environments. Schools do little to reduce or enlarge the gaps in skills that are present when children enter … growing fraction of American children across all race and ethnic groups is being raised in dysfunctional families. Investment …

We examine whether the sorting of differently achieving students into differently sized classes results in a regressive … rather than teachers assign students to classrooms. …