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persistence between parents and children's outcomes has been an active area of research. However, since Gary Solon's 1999 Chapter …
Persistent link: https://www.econbiz.de/10013145008
This paper studies the multidimensional nature of investments in children within a dynamic framework. In particular, we … dynamics of skill accumulation. Fourth, we use data from the Child Development Supplement of the Panel Study of Income Dynamics … to estimate the skill production technology for children ages 12 and younger. Our estimates suggest complementarity …
Persistent link: https://www.econbiz.de/10014093597
More able parents tend to have more able children. While few would question the validity of this statement, there is … estimated elasticity of intergenerational transmission of income of approximately .2 …
Persistent link: https://www.econbiz.de/10012758461
internal rates of return that take into account tuition costs, income taxes and nonlinearities in the earnings …
Persistent link: https://www.econbiz.de/10012759549
This paper considers the interpretation of "Mincer rates of return." We test and reject the Mincer model. It fails to track the time series of true returns. We show how repeated cross section and panel data improves the ability of analysts to estimate the ex ante and ex post marginal rate of...
Persistent link: https://www.econbiz.de/10014063044
markets. These constraints imply cross-sectional patterns for schooling, ability, and family income that are consistent with U … -- schooling relationship for low-income youth. We show that the rising empirical importance of familial wealth and income in …
Persistent link: https://www.econbiz.de/10012759412
This paper develops a model of crime in which human capital increases the opportunity cost of crime from foregone work and expected costs associated with incarceration. Older, more intelligent, and more educated adults should commit fewer street (unskilled) crimes. White collar crimes decline...
Persistent link: https://www.econbiz.de/10013246681
of children from poorer families …
Persistent link: https://www.econbiz.de/10013237047
, suggesting the positive shock to disposable income provided by the subsidies may be helping to improve children's scholastic … these subsidies on children's longer run outcomes. Using a sharp discontinuity in the price of childcare in Norway, we are … this, we find significant positive effect of the subsidies on children's academic performance in junior high school …
Persistent link: https://www.econbiz.de/10013106307
, we find that the children of persons affected in utero also have lower cognitive scores, suggesting a persistent …
Persistent link: https://www.econbiz.de/10013082774