We study whether and how parents interfere paternalistically in their children’s intertemporal decision-making. Based … on experiments with over 2,000 members of 610 families, we find that parents anticipate their children’s present bias and … aim to mitigate it. Using a novel method to measure parental interference, we show that more than half of all parents are …

We study whether and how parents interfere paternalistically in their children's intertemporal decision-making. Based … on experiments with over 2,000 members of 610 families, we find that parents anticipate their children's present bias and … aim to mitigate it. Using a novel method to measure parental interference, we show that more than half of all parents are …

, even though displacement episodes early in children's lives have the largest impacts on household income (because they … persist for many years), displacement episodes occurring in the children's teenage years have the largest effects on human … capital accumulation. We show that most of the effects operate through the intensive margin of schooling, and that children …

, even though displacement episodes early in children’s lives have the largest impacts on household income (because they … persist for many years), displacement episodes occurring in the children’s teenage years have the largest effects on human … capital accumulation. We show that most of the effects operate through the intensive margin of schooling, and that children …

are consistent with these grades being insufficiently salient for students to alter actual student behaviors …

This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use … panel data on family income, and an index of investments in children in time and goods, from the Children of the National … partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is …

We study the intergenerational effects of maternal education on children's cognitive achievement, behavioral problems … 1979 (NLSY79) and their children, we can control for mother's ability and family background factors. Our results show … substantial intergenerational returns to education. For children aged 7-8, for example, our IV results indicate that an additional …