change parents' resources and restrictions have causal effects on their children. -- Intergenerational mobility ; sibling …In every society for which we have data, people’s educational achievement is positively correlated with their parents …’ education or with other indicators of their parents’ socioeconomic status. This topic is central in social science, and there is …

We estimate intergenerational mobility of immigrants and their children in fifteen receiving countries. We document … large income gaps for first-generation immigrants that diminish in the second generation. Around half of the second …-generation gap can be explained by differences in parental income, with the remainder due to differential rates of absolute mobility …

the age ranges that best predict important human capital outcomes of children. The predictive power of parental resources … traditional snapshot proxies for lifetime incomes based on income flows at certain age windows in predicting child outcomes … used. We also find that the financial resources of parents compensate in part for non-monetary inputs to child human …