Estimating the effect of ethnic capital on human capital investment decisions is complicated by the endogeneity of immigrants' location choice, unobserved local correlates and the reflection problem. We exploit the institutional setting of a rare immigrant settlement policy in Germany, that...

This paper studies the occupational selection among generations of immigrants in the United States and links their choices to the occupational wage distribution in their country of origin. The empirical results suggest that individuals are more likely to take up an occupation in the US that was...

In this paper we use linked Census data to document rates of intergenerational housing mobility across ethnic groups in England and Wales. While home ownership has declined across all ethnic groups, we find substantial differences between them, with Black, Pakistani and Bangladeshi households...

We present credible and comparable evidence on intergenerational educational mobility in 53 developing countries using sibling correlation as a measure, and data from 230 waves of Demographic and Health Surveys (DHS). This is the first paper, to our knowledge, to provide estimates of sibling...

We develop a model of intergenerational educational mobility incorporating gender bias against girls in the family, school, and labor market. Mobility and investment equations from the model are estimated for India using data not truncated by coresidency. The standard linear model misses...

We incorporate gender bias against girls in the family, the school and the labor market in amodel of intergenerational persistence in schooling where parents self-finance children's educationbecause of credit market imperfections. Parents may underestimate a girl's ability, expect lowerreturns,...

Population ageing affects most countries, especially developed ones. The elderly have increased in number as a result of increased longevity and a parallel decline in fertility. This phenomenon is placing an increasing burden on the young to finance intergenerational transfers to the old, which...

Understanding the formation of trust at the individual level is a key issue given the impact that it has been recognized to have on economic development. Theoretical work highlights the role of the transmission of values such as trust from parents to their children. Attempts to empirically...

Using historical, longitudinal data on individuals, we track the earnings of immigrant and U.S.-born women. Following individuals, instead of synthetic cohorts, avoids biases in earnings-growth estimates caused by compositional changes in the cohorts that are followed. The historical data...

Even the most egalitarian education systems employ high-stakes tests to regulate the transition from universal secondary education to selective academic programs that open doors to skilled, well-paid professions. This gives parents a strong incentive to invest substantial resources in improving...