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 …

Inequality in income or earnings is the most indisputable fact about the distribution of income. Inequality in income … income redistribution, and the efficacy of various policy tools, economists are also concerned with establishing how various …. Economists have constructed various theories that purport to explain income distribution. Some aspects of these theories have …

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 …

administrative register data on 25000 genotyped Norwegian children and their parents. We assess and disentangle the relative … importance of genetics and social background for children's standardized academic test scores. Norway offers a particularly … opportunity structures for children. The results point to genetics only confounding the parent status-offspring achievement …

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 …

not work at all, time spent with children, and child-related expenditures, we find that income risk impacts skill …This paper studies the mechanisms and the extent to which parental wage risk passes through to children's skill … development. Through a quantitative dynamic labor supply model in which two parents choose whether to work short or long hours or …