This article distills and extends recent research on the economics of human development
and social mobility. It summarizes the evidence from diverse literatures on the importance of …

This paper provides a synthesis of theoretical and empirical work on the Great Gatsby
Curve, the positive empirical relationship between cross-sectional income inequality, and …

This chapter provides new evidence on educational inequality and reviews the literature on
the causes and consequences of unequal education. We document large achievement gaps …

Parenting decisions are among the most consequential choices that people make
throughout their lives. Starting with the work of pioneers such as Gary Becker, economists …

The concept of generations has become increasingly important in the social science fields to
explain diverse phenomena affecting organizations. This is especially true in the family …

Using 4 decades of variation in the federal and state Earned Income Tax Credit (EITC), we
estimate the impact of exposure to EITC expansions in childhood on education and …

Greenwood, and Aranth Seshadri 2002; and Roland Bénabou 2002). The implicit
assumption in this approach is that inputs into the production of skills at different stages of …

In every society for which we have data, people's educational achievement is positively
correlated with their parents' education or with other indicators of their parents' socio …

Much of macroeconomics is concerned with the allocation of physical capital, human capital,
and labor over time and across people. The decisions on savings, education, and labor …

This paper presents economic models of child development that capture the essence of
recent findings from the empirical literature on skill formation. The goal of this essay is to …