This paper examines the influence of parental wealth and income on children's college attendance and parental financing … parents and children. We find that higher levels of parents' wealth and income increase the likelihood that children attend …

wealth-income ratios previously found by Piketty and Zucman (2014) for some very rich and large Western economies extend to … lower wealth levels than the rest of Europe, and the main explanation is that the Swedes were too poor to save their income … political institutions for the long-run evolution of wealth-income ratios …