Caucutt, Elizabeth M.; Lochner, Lance; Mullins, Joseph; … - 2020
first document strong increases in total investment expenditures by maternal education; yet expenditure shares, which skew … relative productivity of different inputs, and the role played by parental education. This approach requires no assumptions …, with elasticities of substitution ranging from 0.2 to 0.5. We find no systematic effects of parental education on the …
