panel data on family income, and an index of investments in children in time and goods, from the Children of the National … partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is …This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use …

10% of family income leads, at most, to an increase in investments of 1.3% of a standard deviation. -- insurance ; human … panel data on family income, and an index of investments in children in time and goods, from the Children of the National … partial insurance of parental investments against permanent income shocks, and we cannot reject the hypothesis full insurance …

panel data on family income, and an index of investments in children in time and goods, from the Children of the National … partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is …This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use …

One would expect that family income is an important positive factor in the school attainment of children. However … unobserved parental ability. In the end, family income still has a significant effect, which must therefore be causative. It … implies that high-ability children in low-income families face binding credit constraints that society may wish to relieve. …

One would expect that family income is an important positive factor in the school attainment of children. However … unobserved parental ability. In the end, family income still has a significant effect, which must therefore be causative. It … implies that high-ability children in low-income families face binding credit constraints that society may wish to relieve. …