We examine how cash transfers affect an individual's education investment, intergenerational mobility, and economic growth. We find that providing larger transfer amounts to higher ability children is desirable to foster growth if the economy has relatively low wage inequality

How does a large structural change to the labor market affect education investments made at young ages? Exploiting differential exposure to the national decline in routine-task intensity across local labor markets, we show that the secular decline in routine tasks causes major shifts in...

This paper investigates parental time investment in children prior to formal schooling as a source of intergenerational income persistence in the U.S. I develop a dynamic general equilibrium model where lifetime income endogenously persists across generations through multiple channels. My model...

Previous literature has shown that attitudes and preferences are intergenerationally transmitted from parents to their children. We contribute to this literature by analyzing whether gender role attitudes are also transmitted across cultural boundaries, i.e., from immigrants to natives. Focusing...

The recent literature on intergenerational mobility has shown that attitudes and preferences are an important pathway for the intergenerational transmission of economic outcomes. We contribute to this literature by documenting that intergenerationally transmitted gender role attitudes also...