In this paper we use microdata on employment and earnings from a variety of industrialized countries to investigate the family gap in pay - the differential in hourly wages between women with children and women without children. We present results from seven countries: Australia, Canada, the...

In an age when there is considerable focus on the needs and rights of children, it is perhaps a little surprising that parental income still mostly determines the standard of living that children enjoy. This has important implications, not just in terms of overall levels of welfare for children,...

This paper develops a theoretical model of optimal schooling levels where ability and family background are the central explanatory variables. We derive schooling demand and supply functions based on individual wealth maximization. Using NLSY79 data we stratify our sample into one-year FTE work...