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 …

daughters' socioeconomic outcomes and those of their biological and rearing parents. Our analysis focuses on children raised in … six different family circumstances: raised by both biological parents, raised by the biological mother without a … the biological father with a stepmother, and raised by two adoptive parents. Relative to the existing literature, the most …

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 …

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 …

, grandfathers matter for income transmission, above and beyond their effect on fathers' income. Second, the socio-economic status of …

relationship between very specific inputs of time by parents and later achievements of children … parental inputs children of various socio-economic statuses receive. In the empirical work that follows, we will show a …

the child does not reciprocate. Parents and children make investments in the child's education, investments for other …We discuss a simple model of intergenerational transfers with one-sided altruism: parents care about their child but … purposes, and parents can transfer cash to their child. We show that for an identifiable set of parent-child pairs, parents …

the assistance provided to the parent by her adult children. The first stage determines the living arrangement: the parent …

We document a strong correlation in the brand of automobile chosen by parents and their adult children, using data from … the Panel Study of Income Dynamics. This correlation could represent transmission of brand preferences across generations …

Parental investments as well as school quality are important determinants of children's later-life outcomes. In this … paper, we shed light on what determines parental investments and study how parents perceive the returns to parental time …. Using a representative sample of 1,962 parents in England, we document that parents perceive the returns to 3 hours of …