Little is known about the response behavior of parents whose children are exposed to an early-life shock. In this paper … negative human capital shock and examine their parents response behavior. To identify causal effects we can rely on exogenous … precipitation at the time of the accident. We find robust empirical evidence of compensating investment behavior by parents in …

Little is known about the response behavior of parents whose children are exposed to an early-life shock. In this paper … negative human capital shock and examine their parents' response behavior. To identify causal effects we can rely on exogenous … precipitation at the time of the accident. We find robust empirical evidence of compensating investment behavior by parents in …

Little is known about the response behavior of parents whose children are exposed to an early-life shock. In this paper … negative human capital shock and examine their parents' response behavior. To identify causal effects we can rely on exogenous … precipitation at the time of the accident. We find robust empirical evidence of compensating investment behavior by parents in …

Little is known about the response behavior of parents whose children are exposed to an early-life shock. We interpret … capital shock and examine their parents' response behavior. To identify causal effects, we can rely on exogenous variation in … of the long-term effects of early-life shocks on children. These estimates should only be interpreted as reduced …

fertility on parental investments and on women's labour supply that use twin births to instrument fertility will tend to be …

Twin births are often used to instrument fertility to address (negative) selection of women into fertility. However …, twin-IV estimates will tend to be upward biased. This is pertinent given the emerging consensus that fertility has limited … impacts on women's labour supply, or on investments in children. Using data for developing countries and the United States, we …