explain the underinvestment of parents in their children's human capital. We first incorporate these two potential mechanisms …

illustrate how household decisions and the policy context can underpin children's role as economic actors. It focuses on how … credit constraints can influence household decisions to either invest in children's schooling or engage them in economic …. Additionally, the paper briefly explores the contexts under which children's agency, including combining school with work …

the child does not reciprocate. Parents and children make investments in the child's education, investments for other … increases the educational attainment of children whose families are disproportionately likely to under-invest in education …. Financial aid has no effect on the educational attainment of children in other families. The theory and empirical evidence …

the child does not reciprocate. Parents and children make investments in the child's education, investments for other … educational attainment of children whose families are disproportionately likely to under-invest in education. Financial aid has no … effect on the educational attainment of children in other families. The theory and empirical evidence identifies a set of …

After the fall of the Berlin Wall, East Germany experienced an unprecedented temporary drop in fertility driven by … economic uncertainty. Using various educational measures, we show that the children born during this nativity slump perform … observed personal characteristics. These children are also less likely to have grown up within stable family environment …