parents’ siblings and cousins, their spouses, and the spouses’ siblings. Using various human capital measures, we show that … extended family relative to the parents increases …

We study the optimal design of student financial aid as a function of parental income. We derive optimal financial aid … formulas in a general model. For a simple model version, we derive mild conditions on primitives under which poorer students …, labor supply in college, and uncertain returns. Optimal financial aid is strongly declining in parental income even without …

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 …

perceptions of intergenerational mobility change along the income distribution. Empirically, we conduct a survey experiment in … Austria and show that the average treatment effect of information on perceptions is mostly driven by higher income individuals … while low-income respondents hardly react. We replicate this result for the United States and Germany using data from two …

For-profit providers are becoming an increasingly important fixture of US higher education markets. Students who attend … than students attending similarly-selective public schools. Because for-profits tend to serve students from more …. The first-stage estimates show that students are much more likely to enroll in a for-profit institution for a given labor …

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

years. The intervention includes students aged 7-9 and consists of pulling students from their regular mathematics classes … school year. All students, not only struggling students, are pulled out. We find that students in treatment schools increased …

We investigate the impact of the presence of university dropouts on the academic success of first-time students. Our … of dropouts on first-time students’ success masks treatment heterogeneity and non-linearities. First, we find negative …