, and uses these variables as instruments to estimate returns to education, with the help of a rich set of individual data … educational achievements of individuals, as well as many aspects of family background, including birth order, number of sisters … two stage method is used to estimate log-wage equations, taking care of education endogeneity, using birth order and the …

emerge. First, minor differences in education technologies, preferences, or wealth, can lead to a high degree of … inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth … richer communities; thus average academic performance and income growth both fall. Yet it may still be possible for education …

capture her direct family experience. We find that both variables are significant determinants of fertility, even after … controlling for several individual and family-level characteristics. …

.g., education and spousal characteristics). We examine alternative hypotheses for these positive correlations and show that neither …

The economic theory of marriage developed by Gary Becker is used to guide the estimation and interpretation of …

parenthood varies with a number of characteristics of a woman and her family. In particular, we find that lone mothers with a job …

particular social interaction within the family, is likely to be important. We estimate the impact of an elder sister’s teenage …