We apply Haider and Solon's generalized errors-in-variables model to Swedish income tax data to produce estimates of the association between current and lifetime income. Our estimates demonstrate strong life-cycle patterns. This implies that the widespread use of current income as a proxy for...

We explore the origins of the intergenerational association in entrepreneurship using Swedish adoption data that allow us to quantify the relative importance of prebirth and postbirth factors. We find that parental entrepreneurship increases the probability of children’s entrepreneurship by...

Using 2000 Census data, we describe the relationship between women's education and marriage outcomes. Women's education is strongly related to husband's income and marital status. This relationship is highly nonlinear and varies across the distribution of husband's earnings. Roughly half of the...

We examine how well principals can distinguish between more and less effective teachers. To put principal evaluations in context, we compare them with the traditional determinants of teacher compensation—education and experience—as well as value-added measures of teacher effectiveness based...