would be that it is also linked to higher net wealth for everybody. However, recent analyses challenge this hypothesis and …. To examine this finding further and investigate the role of family financial transfers in household net wealth, the …-educated households amass wealth, whereas the wealth of their Black counterparts declines. The authors also estimate the impact of just …

financial literacy and business ownership for the increase in wealth inequality between college and non-college households. …Using new long-run microdata, this paper studies wealth and income trends of college and noncollege households in the … United States since 1956. We document the emergence of a substantial college wealth premium since the 1980s, which is …

This paper studies parental beliefs about the returns to two factors affecting the development and long-term outcomes … leveraging beliefs measured in two different domains, and show that parents' perceived returns relate to their actual parenting … styles. My results suggest that parental beliefs are an important determinant of parental decision-making, but cannot explain …

To understand the socio-economic enrollment gap in university attendance, we elicit students’ beliefs about the …. Students with low socio-economic status perceive pecuniary and non-pecuniary returns to be lower. Beliefs explain 48% of the …

This paper evaluates the impact of education on measured inequality across the wage distribution using pooled records … from the 2005 and 2010 Cameroon labour force surveys, wage equations and standard inequality measures. Returns to education … returns to education for the period 2005-10 largest for the 5th and 10th percentiles. Inequality decreased from the lower to …