, 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 …

versus snapshot parental income measures. The most predictive ages of children when family resources are measured vary by the … participation in crime. Parental financial resources partially offset deficiencies in nonpecuniary inputs to children's human …

negative direct effect on mid-childhood and teenage outcomes. But as mothers' work hours increase, income will rise. We ask … whether income can compensate for the negative effect of hours by adopting a novel mediation analysis that exploits exogenous … variation in both mothers' hours and family income in pre-school years. As expected we find a negative direct effect of an …

importance of credit constraints in forming skills is examined. There is little support for the claim that untargeted income … will better capture the active role of the emerging autonomous child in learning and responding to the actions of parents …

outcomes (including children's own expected lifetime resources and education) than the income measures traditionally used in … of lifetime resources (income and wealth) motivated by economic theory that account for generational differences in life … wage income and disposable income measured over narrow windows of age that are used to proxy lifetime wealth. The …

Longitudinal Survey of Youths which we follow from 16 to 28. We discuss the evolution of family income and ability effects where … component correlated with family income and background variables. We find that the individual cognitive-technical ability … differential prevailing at 16 was increasing with income in the early 80's but much less so in the early 2000's. We find no …

measurement error. In this paper, we use an instrumental variables strategy to estimate the causal effect of income on children …Past estimates of the effect of family income on child development have often been plagued by endogeneity and …'s math and reading achievement. Our identification derives from the large, non-linear changes in the Earned Income Tax Credit …

This paper examines the family income-college enrollment relationship and the evidence on credit constraints in post … ability. Long-run factors crystallized in ability are the major determinants of the family income-schooling relationship …

investments in children with multiple periods of childhood, income shocks, imperfect insurance, dynamic complementarity, and … whole history of parental income, using data from Norway. We find that, conditional on permanent income, education is … maximized when income is balanced between the early childhood and middle childhood years. In addition, there is an advantage to …

effects of real (as opposed to relative) family income on education have practically vanished between the early 1980's and the … heterogeneity (allowed to be correlated with observed characteristics), income effects vary substantially with age and have lost … unobserved characteristics, a $300,000 differential in family income generated more than 2 years of education in the early 1980's …