The grandkids aren't alright: the intergenerational effects of prenatal pollution exposure
Using newly linked survey and administrative data, providing more than 150 million parent-child links, we show that regulation-induced improvements in early life air quality have intergenerational effects on human capital accumulation in the United States - the second-generation is more likely to attend college. Supporting evidence indicates that intergenerational transmission arises from greater parental resources and investments, rather than heritable channels. Our findings suggest that within-generation estimates of marginal damages substantially underestimate the total welfare effects of improving environmental quality.
2 December 2020 Paper Number CEPDP1733
This CEP discussion paper is published under the centre's Urban programme.