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 …

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

Previous studies of recent U.S. trends in intergenerational income mobility have produced widely varying results … Income Dynamics, we generate more reliable estimates of the recent time-series variation in intergenerational mobility. Our …

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

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 …

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 …

friction we investigate is related to the ownership of children. If parents have no claim on their children's income, then the …) model with fertility choice and altruism, and model ownership by introducing a minimum constraint on transfers from parents … to children. Using the efficiency concepts proposed in Golosov, Jones, and Tertilt (2007), we find that whenever the …

children born to less educated and minority mothers are more likely to be exposed to pollution in utero and that white, college …

. The underlying causal mechanisms for such effects remain unsettled. We consider a model in which parents impose more … stringent disciplinary environments in response to their earlier-born children's poor performance in school in order to deter … such outcomes for their later-born offspring. We provide robust empirical evidence that school performance of children in …