income. Linking individuals to their parents, we also investigate the intergenerational transmission of income dynamics. We … find that children of high-income, highwealth fathers enjoy steeper income growth over the life cycle and face more …-risk careers. Income growth for children of poorer fathers is more gradual and more left skewed, displaying higher left tail risk …

We examine college students’ interaction within classrooms and estimate peer effects on their academic performance. We … identification strategy based on students’ repeated interaction. Our findings show that a student’s performance in a class is …- acteristics. Also quantile regressions reveal that peer effects are significant among below-average students and among those at …