Economic Uncertainty, Parental Selection, and Children’s Educational Outcomes

Parental Investments and Educational Outcomes: Trivers–Willard in the U.S.

In the U.S., there is evidence of a Trivers–Willard (T–W) effect in educational attainment, such that the sons of high status fathers attain more education than the daughters, and the daughters of low status fathers attain more education than the sons. This paper seeks to uncover the mechanisms by which this T–W effect occurs. Data are from the High School and Beyond Study by the U.S. National ...

Parental socioeconomic influences on filial educational outcomes in Scotland

Parental Job Loss, Parental Ability and Children’s Educational Attainment

The recent recession has focused attention on the effects of job loss and unemployment, but job loss is a common experience even during times of economic expansion. While much is known about the impact of job loss on the earnings, income, and unemployment of adults, less is understood regarding the relationship between parental displacement and children’s outcomes. I estimate the effect of pare...

Uncertainty in Economic Analysis and the Economic Analysis of Uncertainty∗

Numerical modeling of economic uncertainty

Representation and modeling of economic uncertainty is addressed by different modeling methods, namely stochastic variables and probabilities, interval analysis, and fuzzy numbers, in particular triple estimates. Fo-cusing on discounted cash flow analysis numerical results are presented, comparisons are made between alter-native modeling methods, and characteristics of the methods are discussed.