More able parents tend to have more able children. While few would question the validity of this statement, there is … estimated elasticity of intergenerational transmission of income of approximately .2 …

of children from poorer families …

-defined marginal policy changes with IV estimates of the return to schooling. Some marginal policy changes inducing students into …

. Their study has been faulted because minority children and their parents may have pessimistic expectations about receiving … outcomes, minority parents and children have more pessimistic expectations about child schooling relative to white children and … their parents when their children are young. At later ages, expectations are more uniform across racial and ethnic groups …

This paper examines the family income -- college enrollment relationship and the evidence on credit constraints in post … ability. Long-run factors crystallized in ability are the major determinants of the family income -- schooling relationship …

markets and whether the effects spill over to spouses and children. There is substantial evidence that more educated people … spouses or children …

two children with the same mother but where a parent of the mother died during one of the pregnancies--augmented with a …