Reflect on the escape from a stagnant or Malthusian system. If this transformation is propelled by human capital, it should be spearheaded by individuals possessing elevated human capital. To explore this hypothesis, we investigate the connection between family size and human capital among...

This paper identifies which investments in school facilities help students and are valued by homeowners. Using novel data on school district bonds, test scores, and house prices for 29 U.S. states and a research design that exploits close elections with staggered timing, we show that increased...