exogenous instruments of fertility. The results show strong impact of children on preventing old parents from strenuous works at … senior age, e.g. having one more child significantly reduces post-retirement aged rural parents' probability of working by 12 ….8 percentage points. Such impact is especially strong among the more vulnerable elder parents with worse health and little pension …

between the income of parents and that of their children. To understand the implications of polarization on economic mobility … lower upward mobility for children from low-income parents, higher intergenerational elasticity for children whose parents … from low-income parents if replacement of routine labor is high, and educational polarization for younger generations. I …

Numerous studies have found that school proximity and parents' educational background affect individuals' educational … these choices, as the variety of fields and majors in students' nearest universities vary considerably across locations …. Parents' influence on the field of study choice could, then again, arise from inherited or learned career preferences that …