. The underlying causal mechanisms for such effects remain unsettled. We consider a model in which parents impose more … stringent disciplinary environments in response to their earlier-born children's poor performance in school in order to deter … such outcomes for their later-born offspring. We provide robust empirical evidence that school performance of children in …

affirm that marginal returns to education among children of less-educated parents are as high and perhaps much higher than … education and earnings than other men. The education and earnings gains are concentrated among men with poorly-educated parents …

The choice of a college major plays a critical role in determining the future earnings of college graduates. Students … survey students about what their expected earnings would be both in the major they have chosen and in counterfactual majors …. We also elicit students' subjective assessments of their abilities in chosen and counterfactual majors. We estimate a …

school and neighborhood segregation on the relative SAT scores of black students across different metropolitan areas, using … composition, income, and region. We find robust evidence that the black-white test score gap is higher in more segregated cities …