Past estimates of the effect of family income on child development have often been plagued by endogeneity and … measurement error. In this paper, we use an instrumental variables strategy to estimate the causal effect of income on children … (EITC) over the last two decades. The largest of these changes increased family income by as much as 20%, or approximately …

, even though displacement episodes early in children’s lives have the largest impacts on household income (because they … persist for many years), displacement episodes occurring in the children’s teenage years have the largest effects on human … capital accumulation. We show that most of the effects operate through the intensive margin of schooling, and that children …

, even though displacement episodes early in children's lives have the largest impacts on household income (because they … persist for many years), displacement episodes occurring in the children's teenage years have the largest effects on human … capital accumulation. We show that most of the effects operate through the intensive margin of schooling, and that children …

One would expect that family income is an important positive factor in the school attainment of children. However … is transferred genetically to children. This paper considers empirical strategies that control for both observed and … unobserved parental ability. In the end, family income still has a significant effect, which must therefore be causative. It …

One would expect that family income is an important positive factor in the school attainment of children. However … is transferred genetically to children. This paper considers empirical strategies that control for both observed and … unobserved parental ability. In the end, family income still has a significant effect, which must therefore be causative. It …