Is parental wealth causal for child outcomes? For grand children's? Seems not. Not even in 1830s. https://academic.oup.com/qje/article-abstract/131/3/1455/2461173 …pic.twitter.com/yz6W6sZ5E2
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So it could be more important now than it was in the 1830s, at least for - and perhaps because of - higher levels of absolute wealth
It could. Or it could not. Evidence needed. Here's two more for you: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4180846/ … https://academic.oup.com/qje/article/131/2/687/2606947/Wealth-Health-and-Child-Development-Evidence-from …
