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This paper provides estimates of the private financial return to education based on large samples of monozygotic (MZ) and dizygotic (DZ) twins which we obtain from Danish population registers. Our estimation exploits the fact that our data is a long panel. We show that the rising inequality,...
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, children's peers are complementary to financial investment by parents, while the adult role models are substitutes. In contrast … of a convex relation in rural and urban Indonesia. The rural-urban relative mobility curves cross, with the children of … children when the father has more than nine years of schooling. However, the rural children face lower absolute mobility across …
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