This paper investigates parental time investment in children prior to formal schooling as a source of intergenerational income persistence in the U.S. I develop a dynamic general equilibrium model where lifetime income endogenously persists across generations through multiple channels. My model...

This study investigates the role of family structure on cognitive outcomes of children. Using the rich panel data information from the National Longitudinal Survey of Children and Youth (NLSCY), collected on children and their families biennially since 1994, we investigate the association...

Evidence on a causal link between family size and children’s education, as in the tradeoff suggested by Gary S. Becker between child quantity and quality, is still inconclusive. Recent empirical studies have focused heavily on China, exploiting for identification the country’s One-Child...