This paper studies the intergenerational effects of parental unemployment on students' transitions after completing … adverse impact of parental unemployment on children's educational transitions. Using longitudinal data from the German Socio … mediation analysis suggests that the effect of paternal unemployment is not due to the loss of income, but relates to the …

This paper investigates parental time investment in children prior to formal schooling as a source of intergenerational … income persistence in the U.S. I develop a dynamic general equilibrium model where lifetime income endogenously persists … including the U.S. income quintile transition matrix. I find that the parental time investment channel accounts for nearly 40 …