This paper investigates parental time investment in children prior to formal schooling as a source of intergenerational … income persistence in the U.S. I develop a dynamic general equilibrium model where lifetime income endogenously persists … including the U.S. income quintile transition matrix. I find that the parental time investment channel accounts for nearly 40 …

children who were exposed longer to the sanctions. The results imply that sanctions have a larger effect on the income of … children than their parents. Therefore, ignoring the effects of sanctions on future generations significantly understates their … on children's education by exploiting the United Nations sanctions imposed on Iran in 2006. Using the variation in the …

We study the transmission of risk attititudes in a unique survey of mothers and children in which both participated in … children when the children are just 7 to 8 years old. This correlation is only present for daughters. We show that a measure of …

This paper shows that there are large differences in cognitive and socio-emotional development between children from … rich and poor backgrounds at the age of 3, and that this gap widens by the age of 5. Children from poor backgrounds also … face much less advantageous "early childhood caring environments" than children from better off families. For example we …