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Human capital and the rise and fall of families
Gary S. Becker,Nigel Tomes +1 more
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In this paper, a model of the transmission of earnings, assets, and consumption from parents to descendants is developed, assuming utility-maximizing parents who are concerned about the welfare of their children.Abstract:
This paper develops a model of the transmission of earnings, assets, and consumption from parents to descendants. The model assumes utility-maximizing parents who are concerned about the welfare of...read more
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The Economics of Immigration
TL;DR: The authors conducted a literature review on the impact of immigration on the economy of the host country focusing on the experience of the United States. The emphasis is on the period from the 1970s to the 1990s, and the author shows that research earlier in this period generally concluded that the economic effects of immigration were positive but that more recent research on later migrations have generally concluded immigration may be having an adverse effect on the earnings of native unskilled workers and be placing an increased burden on welfare programs.
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The Determinants of Children's Attainments: A Review of Methods and Findings
Robert Haveman,Barbara Wolfe +1 more
TL;DR: The authors review and critique the empirical literature on the links between investments in children and children's attainments, including educational attainment, fertility choices, and work-related outcomes such as earnings and welfare recipiency.
Journal ArticleDOI
Where is the Land of Opportunity? The Geography of Intergenerational Mobility in the United States*
TL;DR: In this article, the authors use administrative records on the incomes of more than 40 million children and their parents to describe three features of intergenerational mobility in the United States: the joint distribution of parent and child income at the national level, the conditional expectation of child income given parent income, and the factors correlated with upward mobility.
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The Technology of Skill Formation
Flavio Cunha,James J. Heckman +1 more
TL;DR: Cunha and Heckman as mentioned in this paper discuss the technology of skill formation, report,ChicagoAmerican Economic Association,2007.May 7, 2007, pp. 17-20, p.
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Intergenerational Income Mobility in the United States
TL;DR: For example, this article showed that the intergenerational correlation in long-run income is at least 0.4, indicating dramatically less mobility than suggested by earlier research, indicating less mobility.
References
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Book
Schooling, Experience, and Earnings
TL;DR: In this article, the authors analyzed the distribution of worker earnings across workers and over the working age as consequences of differential investments in human capital and developed the human capital earnings function, an econometric tool for assessing rates of return and other investment parameters.
Book
The American occupational structure
Peter M. Blau,Otis Dudley Duncan +1 more
TL;DR: The American Occupational Structure is renowned for its pioneering methods of statistical analysis as well as for its far-reaching conclusions about social stratification and occupational mobility in the United States.
Book
Human Characteristics and School Learning
TL;DR: A good writer is a good reader at once as mentioned in this paper... You can define how you write depending on what books to read and this human characteristics and school learning can help you to solve the problem.
Journal ArticleDOI
Rationality in Psychology and Economics
TL;DR: The authors compare and contrast the concepts of rationality that are prevalent in psychology and economics, respectively, and conclude that economics has almost uniformly treated human behavior as rational and psychology has always been concerned with both the irrational and the rational aspects of behavior.