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This paper examines the similarity in the association between earnings of sons and fathers in Germany and the United States. It relaxes the log-linear functional form imposed in most studies of the intergenerational earnings association. Theory implies the relationship between earnings of...
Persistent link: https://www.econbiz.de/10010377505
We study the transmission of risk attititudes in a unique survey of mothers and children in which both participated in … children when the children are just 7 to 8 years old. This correlation is only present for daughters. We show that a measure of …
Persistent link: https://www.econbiz.de/10010331060
Persistent link: https://www.econbiz.de/10013342520
Why do the children of wealthy parents accumulate more wealth than children from poorer backgrounds? Does parental … much wealth do parents give directly to their children? What other channels are involved in the persistence of wealth from … light on why wealth inequalities persist across generations in the UK,using data that measure the wealth of parents and …
Persistent link: https://www.econbiz.de/10013367669
We study the transmission of risk attitudes in a unique survey of mothers and children in which both participated in an … incentivized risk preference elicitation task. We document that risk preferences are correlated between mothers and children when … the children are just 7 to 8 years old. This correlation is only present for daughters. We show that a measure of parental …
Persistent link: https://www.econbiz.de/10010500247
children through purposeful investments. We exploit information on the risk and trust attitudes of parents and their children …-Economic Panel Study. Our results show that parents who invest more in the upbringing of their children are more similar to them with … variables on the relationship between children and parents, family size, and the parents' socioeconomic background. …
Persistent link: https://www.econbiz.de/10010319444
attainment and labor market outcomes of both sons and daughters are strongly related to both parents' cognitive and non …
Persistent link: https://www.econbiz.de/10010320197
, it is crucial to announce them in advance to allow parents to adjust their investments when their children are young. …Parental investments significantly impact children's outcomes. Exploiting panel data covering individuals from birth to … mothers and fathers make investments in their children. We find that time investments, educational investments, and …
Persistent link: https://www.econbiz.de/10014480401
. We then show that the benefits extended to the next generation with large reductions in the crime rates of the children …
Persistent link: https://www.econbiz.de/10010321147
the results of the first systematic study of the wage expectations of European college students. Our data are based on the … replies to the same questionnaire by more than 6000 college students all over Europe. We study the determinants of wage …-specific micro-data. In line with U.S. studies we find that students overestimate returns to education. …
Persistent link: https://www.econbiz.de/10010262505