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This paper asks whether parental income per se has a positive impact on children's human capital accumulation. Previous … research has established that income is positively correlated across generations. This does not prove that parents' money … matters, however, since income is presumably correlated with unobserved abilities transmitted across generations. This paper …
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This paper asks whether parental income per se has a positive impact on children's human capital accumulation. Previous … research has established that income is positively correlated across generations. This does not prove that parents' money … matters, however, since income is presumably correlated with unobserved abilities transmitted across generations. This paper …
Persistent link: https://www.econbiz.de/10013310553