parents’ siblings and cousins, their spouses, and the spouses’ siblings. Using various human capital measures, we show that … extended family relative to the parents increases …

compensated through school resources. In this way, by incorporating the behavioral responses of parents, teachers and policymakers …

We study the optimal design of student financial aid as a function of parental income. We derive optimal financial aid … formulas in a general model. For a simple model version, we derive mild conditions on primitives under which poorer students …, labor supply in college, and uncertain returns. Optimal financial aid is strongly declining in parental income even without …

We study whether and how parents interfere paternalistically in their children’s intertemporal decision-making. Based … on experiments with over 2,000 members of 610 families, we find that parents anticipate their children’s present bias and … aim to mitigate it. Using a novel method to measure parental interference, we show that more than half of all parents are …