versus snapshot parental income measures. The most predictive ages of children when family resources are measured vary by the … participation in crime. Parental financial resources partially offset deficiencies in nonpecuniary inputs to children's human …

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 …

and answer three questions: (a) does the relevance of parental background shift from short-term (contemporary income) to … estimators with and without selectivity corrections and numerous robustness tests. Parental income significantly affects … larger parental income effects in West than in East Germany. -- intergenerational transmission ; human capital investment …

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 identfication of a general class of production … targeting of interventions to children with different parental and personal birth endowments. Substitutability decreases in …