Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents …'s accumulation of wealth and investor behavior as adults, even when removing the genetic connection between children and the parents … tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation …

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

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 …

We review the empirical literature that estimates the causal effect of parent’s schooling on child’s schooling, and …

This study argues that parents have a desire for dividing equally between their children, and that this motive applies … to the child or the children with greatest needs. When parents are drawn between these two ambitions, the degree of … income compensation should be stronger in one-child families and we expect the altruism motive to dominate the equal division …

environments across the two areas, we find remarkably consistent results: in families with two or more children, second-born boys … the evidence rules out differences in health at birth and the quality of schools chosen for children. We do find that …

Immigrant children often face educational disadvantages that stem from their parents' decision-making. For example, in … citizenship or not. We find that the policy caused immigrant parents to (i) send their children to preschool more often; (ii … many immigrant-receiving countries, immigrants are less likely than the native-born to enroll their children in preschool …

adult children and their parents. We then examine whether differences in family structure affect the amount of informal care … adult children provide to their elderly parents. Lastly, we look for cross-country differences in family location and … insights into how family-related and institutional factors shape patterns of time transfers from adult children to elderly …

intergenerational transmission of education. We test whether education transmission is higher when children enter kindergarten and …