A model of occupational choice and human capital investment is developed and tested. The model allows family background …

A model of occupational choice and human capital investment is developed and tested. The model allows family background …

. This is done by linking ability uncertainty to family background. I derive implications for the allocation of talent and … for background dependent earnings patterns within occupations and show that a very compressed wage structure can cause … negative sorting of people with family background in the occupation with low returns to ability. I also study the effects of …

) wealth and health or (ii) parental income and children's outcomes do not reflect a causal effect of wealth. … and their children's health and developmental outcomes. Our estimation sample is large, virtually free of attrition, and … children's health care utilization in the years following the lottery and may also reduce obesity risk. The effects on most …

's involvement in children's education, indicating cultural complementarity. For high-educated parents, we also find that both … parents' involvement in education and neighborhood's quality significantly affect the intergenerational transmission of … education, the former being more potent than the latter. Low-educated parents do not spend much time educating their offspring …

performed, wages should in principle reflect productivity differences and that it is more difficult to discriminate on the basis … working in the same occupation in the same establishment, in three countries, the U.S., Norway, and Sweden. Our findings are … extensive family obligations, the wage gap is higher than in other age groups. Third, under time-rate work, the wage gap is more …

performed, wages should in principle reflect productivity differences and that it is more difficult to discriminate on the basis … working in the same occupation in the same establishment, in three countries, the U.S., Norway, and Sweden. Our findings are …