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 …

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from …) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …

less disutility of labor and have relatively lessutility of raising children. Motherhood has a negative effect on the …