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...

In this paper we present sibling and neighbor correlations in school grades and cognitive skills as well as indicators of physical and mental health for a sample of German adolescents. In a first step, we estimate sibling correlations and find substantial influence of shared family and community...

This paper relaxes the single-factor model of intergenerational educational mobility and analyzes heterogeneous effects of family background on children?s education in villages, with a focus on the role of nonfarm occupations. The analysis uses data from rural China that cover three generations,...

This paper relaxes the single factor model of intergenerational educational mobility standard in the literature, and develops a research design to study the effects of parents' education and occupation on children's schooling. We use survey data from rural China that cover three generations and...

We present the first estimates of intergenerational wealth correlation for Australia, using HILDA. The rank correlation varies greatly by child age when wealth is observed, from 0.1 before age 30, to 0.5 after age 40. Most children in our estimation sample are young. For these children overall,...

This paper constructs a quantitative model of intergenerational mobility in which lifetime income mobility is shaped by various channels including parental time investments in children. The calibrated model delivers positive educational gradients in parental time investment, as observed in the...

This paper studies whether sons and daughters reproduce in their relationships the same intra-household inequalities observed for their parents in terms of some economic statuses (wages, income, work hours, and education). Additionally, we emphasize the relevance of transmission of preference...