Previous studies of recent U.S. trends in intergenerational income mobility have produced widely varying results … Income Dynamics, we generate more reliable estimates of the recent time-series variation in intergenerational mobility. Our …

. This study also presents empirical evidence from a laboratory experiment in which students at a selective college were …

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 …

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 …

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 …