. By definition, informal care is unpaid. It remains a puzzle why so many adult children give freely of their time … 2003 waves of National Longitudinal Survey of Mature Women. We examine whether the elderly parents give more inter …-vivos monetary transfers to adult children who provide informal care, by examining both the extensive and intensive margins of …

This paper studies the multidimensional nature of investments in children within a dynamic framework. In particular, we … dynamics of skill accumulation. Fourth, we use data from the Child Development Supplement of the Panel Study of Income Dynamics … to estimate the skill production technology for children ages 12 and younger. Our estimates suggest complementarity …

internal rates of return that take into account tuition costs, income taxes and nonlinearities in the earnings …

markets. These constraints imply cross-sectional patterns for schooling, ability, and family income that are consistent with U … -- schooling relationship for low-income youth. We show that the rising empirical importance of familial wealth and income in …

This paper examines the implications of tuition and need-based financial aid policies for family income - post …-secondary (PS) attendance relationships. We first conduct a parallel empirical analysis of the effects of parental income on PS … income in Canada relative to the U.S., even after controlling for family background, adolescent cognitive achievement, and …

. This framework demonstrates that non-monetary costs of applying for income-based repayment assistance are critical to … may be inefficient and lead to undesirable redistribution. Empirically, we demonstrate that expanding Canada’s income …

their lives, parents' initial skills and skill growth rates are equally important determinants of children's skills, largely … earnings and skill IGEs decline substantially for more recent cohorts and are lower for children born to younger fathers … of these factors explains up to 40% of children's skill variation. Skills become a more important determinant of earnings …