Standard intergenerational measures have been shown to understate the long-run persistence of socioeconomic advantages in developed countries. We study theoretically and empirically whether this pattern extends to less developed settings, using Indonesia as a case study.
Do second chances at a high-stakes admission exam yield long-term gains? Leveraging fifteen years of Chilean administrative data and an RDD, we examine the causal effects of retaking on educational and labor market trajectories.
Unpaid parental caregiving often arrives when older workers make largely irreversible Social Security benefit claiming decisions. Using the Health and Retirement Study linked to Social Security administrative records, we examine how parental caregiving is related to claiming and labor supply.
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