Inequality in income or earnings is the most indisputable fact about the distribution of income. Inequality in income … income redistribution, and the efficacy of various policy tools, economists are also concerned with establishing how various …. Economists have constructed various theories that purport to explain income distribution. Some aspects of these theories have …

educational levels of parents are considered key factors in explaining children's educational success. Nevertheless, the … literature has not reached consensus on the causal effects of parents' education on their child's schooling. This is because both … parents' and the child's schooling depend on unobserved heterogeneity. Moreover, the strong positive correlation of the mother …

, 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 …

Using German employee data, we find that being raised by two religious parents and having no current religious …