This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills … investment in children compared to later remediation. We establish nonparametric identification of a general class of production … targeting of interventions to children with different parental and personal birth endowments. Substitutability decreases in …

Societies socialize children about many things, including sex. Socialization is costly. It uses scarce resources, such … as time and effort. Parents weigh the marginal gains from socialization against its costs. Those at the lower end of the …, leading to a de-stigmatization of sex. As contraception has become more effective there is less need for parents, churches and …

expansive income tax policy that is adopted to increase public education expenditure per pupil. It is shown that such a policy … may exacerbate income inequality in the long run if for the less skilled dynasties, the benefits of more public spending …-induced tax base erosion is not severe, an expansive income tax policy indeed enhances future human capital for all dynasties, and …

We explore the relationship between the social interaction of parents and their offspring from a theoretical and an … evidence of intergenerational links between the social interaction of parents and their offspring supporting the existence of …

household characteristics (especially household income). The ``true'' intergenerational correlation between schooling … attainments and parents' education (after conditioning on observed and unobserved ability) is found to be quite low. Finally, our …