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This paper uses a relatively new approach to investigate the effect of parents' schooling on child's schooling; a … of increasing parents' schooling from a high school degree to a bachelor's degree. Both for the effect of mother …
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,417,460 individuals from 1,341,403 families born in the Netherlands between 1966 and 1995. Comparisons between parents and their children …
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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 …
Persistent link: https://www.econbiz.de/10014457814
We develop a simple human capital model for optimum schooling length when earnings are stochastic, and highlight the pivotal role of risk attitudes and the schooling gradient of earnings risk. We use Spanish data to document the gradient and to estimate individual response to earnings risk in...
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