This study develops a dynamic model to analyze the optimal consumption and portfolio choices of households acquiring housing services through renting or owning. The model incorporates time-varying financial constraints, represented by the liquid wealth-to-house value ratio, to provide a unified...

This paper evaluates whether environmental education can shift household behavior through intergenerational transmission of knowledge, beliefs, and attitudes. We implement an activity-based program in Patna, India, and conduct a randomized experiment with 1,545 child-parent pairs assigned to...

This paper examines the role of sibling sex composition as a potential explanation of the transmission of parental advantages to the next generation. The presence of a brother affects the family environment and parents' decisions, influencing the siblings' labour market outcomes in the long...

Children and their parents resemble each other in terms of economic preferences such as patience and risk tolerance. What drives the intergenerational correlation in preferences? We build a model of preference formation that combines genetic transmission, state influence through childcare...

There is continued debate, with important social consequences, about how social status is transmitted between parents and children. In particular, how much does genetics as opposed to social causation matter? In an ingenious recent article, Collado et al. (2023), using an extended family lineage...

The literature on intergenerational mobility for many countries in the world focus on household surveys that capture the education of parents and their children. While they pay particular attention to issues regarding co-residency of fathers and son, they are somewhat weaker in information on...

We examine health persistence between parents and their adult children in Indonesia using both subjective and objective health measures including biomarkers. Using Principal Components Analysis, we estimate the interegenerational persistence of the combination of these measures to be 0.30,...