Each year an estimated two million children in the United States repeat a grade. Investing an additional year in the same grade is expected to help a child to acquire the academic skills she lacks. This, in turn, would help her to be successful in higher grades. In spite of its popularity, grade...

We present direct evidence on the link between children's patience and educational-track choices years later. Combining an incentivized patience measure of 493 primary-school children with their high-school track choices taken at least three years later at the end of middle school, we find that...

We present direct evidence on the link between children's patience and educational-track choices years later. Combining an incentivized patience measure of 493 primary-school children with their high-school track choices taken at least three years later at the end of middle school, we find that...

We present direct evidence on the link between children's patience and educational-track choices years later. Combining an incentivized patience measure of 493 primary-school children with their high-school track choices taken at least three years later at the end of middle school, we find that...

Using SOEP data (1984-2006) we analyze the role of parental background for transitions to tertiary education in Germany and answer three questions: (a) does the relevance of parental background shift from short-term (contemporary income) to long factors (ability, parental education) at higher...

In this paper we estimate the impact of parental schooling on child schooling, focus on the problem that children who are still in school constitute censored observations, and evaluate three solutions to it: maximum likelihood approach, replacement of observed with expected years of schooling,...