children with lower initial family incomes vs. children with higher initial family incomes. However, offsetting this effect …, our findings also suggest that as children grow up, changes in family income ranking over time are related to children …

In this paper, we provide estimates of the subjectively perceived cost of children depending on the extent of parental … with children in Germany. Our study confirms that the monetary cost of children is substantial and increases with parental … sizeable for families with children. …

, even though displacement episodes early in children’s lives have the largest impacts on household income (because they … persist for many years), displacement episodes occurring in the children’s teenage years have the largest effects on human … capital accumulation. We show that most of the effects operate through the intensive margin of schooling, and that children …