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 …

care provided to their parents and education expenditures for their children. The young enjoy their education, while the … period and that parents invest in the education of their children. We show that Becker’s rotten kids theorem holds for the … old may leave a bequest to their children. Within each period the three generations play a "game" inspired by Becker …

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 …

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 …

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

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 …

enrollment among children that parents reported wanting to remain home at baseline. Children that parents want to migrate have … increased enrollment, and parents want more children to migrate … determinant of well-being for the elderly. Most parents want at least one adult child to remain at home (e.g., so they can work on …