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Sastry's 10-year study of New Orleans Katrina evacuees shows demographic differences between returning and nonreturning

Stafford says less educated, smaller investors more likely to sell off stock and lock in losses during market downturn

Chen says job fit, job happiness can be achieved over time

Highlights

Deirdre Bloome wins ASA award for work on racial inequality and intergenerational transmission

Bob Willis awarded 2015 Jacob Mincer Award for Lifetime Contributions to the Field of Labor Economics

David Lam is new director of Institute for Social Research

Elizabeth Bruch wins Robert Merton Prize for paper in analytic sociology

Next Brown Bag

Monday, Oct 12
Joe Grengs, Policy & Planning for Social Equity in Transportation

psc brown bag iconDifferential Fertility, Human Capital, and Development

Tom Vogl (Princeton University)

03/17/2014, at noon in room 6050 ISR-Thompson.

Archived video

Using micro-data from 48 developing countries, I study changes in cross-sectional patterns of fertility and child investment over the course of the demographic transition. Before 1960, children from larger families obtained more education, in large part because they had richer and more educated parents. By century's end, these patterns had reversed. Consequently, fertility differentials by income and education historically raised the average education of the next generation, but they now reduce it. While the reversal is unrelated to changes in GDP per capita, women's work, sectoral composition, or health, roughly half is attributable to rising aggregate education in the parents' generation. The results support a model in which rising returns to human capital investment lower the minimum income at which parents invest.


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