, children's peers are complementary to financial investment by parents, while the adult role models are substitutes. In contrast … of a convex relation in rural and urban Indonesia. The rural-urban relative mobility curves cross, with the children of … children when the father has more than nine years of schooling. However, the rural children face lower absolute mobility across …

To understand the socio-economic enrollment gap in university attendance, we elicit students’ beliefs about the … benefits of university education in a sample of 2,540 secondary school students. Our choice model estimates reveal that …. Students with low socio-economic status perceive pecuniary and non-pecuniary returns to be lower. Beliefs explain 48% of the …