to cognitive ability are generally consistent across family background groups, personality traits have very different …

Using information on family background, we estimate returns to education, allowing for the heterogeneity of returns. In … order to control for the unobserved heterogeneity shared by family members, we construct a siblings sample and employ family … fixed-effects and family correlated random-effects models. Our main result is that family background still matters despite …

the child's higher education operates through deprivation of economic resources. Using one million siblings, we find that … reduction in family income. After carefully examining the compatibility of the parental divorce effect and parental job …