We study the long-run effects of income inequality within adolescent peer compositions in schools. We propose a theoretical framework based on reference dependence where inequality in peer groups can generate aspiration gaps. Guided by predictions from this framework we find that an increase in...

This paper examines the idea that the increasing return to college is reducing intergenerational mobility by differentially impacting the investments in children by parents across education groups. A larger return to college will create stronger incentives to invest in children by parents with...

Based on the sample of The National Longitudinal Study of Adolescent to Adult Health (Add Health), we investigate the formation of health capital and the role played by genetic endowments, parental SES, and education. To measure genetic endowments we take advantage of the new availability of...

This paper examines the economic origins of the Islamic revival that took place in Egypt in the 1970-80s, and in Muslim societies more generally. We provide the first systematic evidence of a decline in social mobility among educated youth in Egypt. Developing a behavioral model of religion, we...

Research and policy discussion about the diverging fortunes of children from advantaged and disadvantaged households have focused on the skill disparities between these children - how they might arise and how they might be remediated. Analysis of data from the National Longitudinal Study of...

The prevalence and stability of marriage has declined in the United States as the economic lives of men and women have converged. Family change has not been uniform, however, and the widening gaps in marital status, relationship stability, and childbearing between socioeconomic groups raise...

Disruptions in family life can take many forms, but all have the potential to impact student learning. With school administrative data matched to birth records, I estimate the effect of unexpected changes in the home environment, or family shocks, on achievement. Identification comes from...

We model schooling as a sequential process and examine why some children are left behind. We focus on the factors that explain selection at early stages of the education system. Our findings for Uruguay suggest that long-term factors, such as parental background or ethnicity matter across all...

In this paper we follow the students that took the PISA 2012 test in Switzerland and analyze their transition into and progress in uppersecondary education. We observe a substantive difference in the rate of progress between natives and students with a migration background. One year after...

We study the effect of parental job loss on children's outcomes using administrative data from Finland. We focus on two channels through which parental job loss can affect children's careers: 1) by affecting the child's field of study choices and 2) by weakening social ties to the labor market....