math) and does not vanish when children grow up to age 10. Conventional estimates are instead smaller because they are …

markets and whether the effects spill over to spouses and children. There is substantial evidence that more educated people … spouses or children. …

School choice aims to improve (1) the matching between children and schools and (2) students’ educational outcomes. Yet … that under the BM, parents may not have incentives to provide their true preferences, thereby establishing a trade … large weight in family choice. The huge majority of parents opt for schools for which they have the highest priority …

different learning ability. We seek and find evidence of this mechanism’s empirical relevance in controlled regressions that …

from their parents. We study the role of social networks on the correlation in the parent-child educational status …

households care about the school peer group of their children. If ability and income are positively correlated, tracking implies …