, 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 …

, 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 …

, 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 …

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. -- Ability ; intergenerational mobility …