We present a model of endogenous schooling and earnings to isolate the causal effect of parents' education on children …'s education and earnings outcomes. The model suggests that parents' education is positively related to children's earnings, but … regressing children's schooling on parents' schooling is mainly accounted for by the correlation between parents' schooling and …

comparative advantages in math of parents are significantly linked to those of their children. A causal interpretation follows … quality. Finally, we show the strong influence of family skill transmission on children's choices of STEM fields …

the child does not reciprocate. Parents and children make investments in the child's education, investments for other …We discuss a simple model of intergenerational transfers with one-sided altruism: parents care about their child but … purposes, and parents can transfer cash to their child. We show that for an identifiable set of parent-child pairs, parents …

-SES children reap both larger gains from having high age 7 test scores and smaller losses from having low age 7 test scores. The … opposite is true among high-SES children who suffer larger losses from low scores and smaller gains from high scores. However …

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

Parental investments as well as school quality are important determinants of children's later-life outcomes. In this … paper, we shed light on what determines parental investments and study how parents perceive the returns to parental time …. Using a representative sample of 1,962 parents in England, we document that parents perceive the returns to 3 hours of …

administrative register data on 25000 genotyped Norwegian children and their parents. We assess and disentangle the relative … importance of genetics and social background for children's standardized academic test scores. Norway offers a particularly … opportunity structures for children. The results point to genetics only confounding the parent status-offspring achievement …

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 …