There is a large body of evidence supporting the notion that a) those who grow up to be patient(forward-looking) do better in life compared to those who do not, and b) parents can inculcatethe virtue of delayed gratification in their children by taking the right sort of actions. We studya...

A broad literature seeks to assess the importance of schools, proxies for school quality, andfamily background on children's achievement growth using the education production function.Using rich data from the Philippines, we introduce and estimate a model that imposes littlestructure on the...