parental beliefs about the human capital production function and their preferences for inequality in children’s outcomes, as … inequality concerns over children’s final outcomes. Because they perceive investments and baseline ability to be complements in … the production function, they invest more in higher-achieving children. Resources are important, as constrained parents …

’ beliefs about the human capital production function and their preferences for inequality in children’s outcomes, as well as … inequality concerns over children’s final outcomes. Because parents perceive investment to be 12 percent more productive for the …