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The Intergenerational Transmission of Housing Wealth

Daysal, N. Meltem; Lovenheim, Michael F.; Wasser, David N. - National Bureau of Economic Research - 2023

Rising wealth inequality has spurred an increased interest in understanding how and why wealth is correlated across … generations. We exploit plausibly exogenous variation in housing wealth driven by home price changes in different areas to isolate … the causal impact of parental housing wealth during different childhood periods on children's long-run wealth accumulation …

Persistent link: https://www.econbiz.de/10014372426

How important is cultural background for the level of intergenerational mobility?

Schnitzlein, Daniel D. - In: Economics Letters 114 (2012) 3, pp. 335-337

Based on brother correlations in permanent earnings for different groups of second generation immigrants, the findings in this paper indicate that cultural background is not a major determinant of the level of intergenerational economic mobility.

Persistent link: https://www.econbiz.de/10010572171

Parents' risk aversion and children's educational attainment

Checchi, Daniele; Fiorio, Carlo V.; Leonardi, Marco - In: Labour Economics 30 (2014) C, pp. 164-175

In this paper we study the role of parental risk aversion on children's educational choices. In a country like Italy where parental support is the main source of funds supporting college enrollment, we show that parents' risk aversion (elicited by surveys on lottery tolerance) has a significant...

Persistent link: https://www.econbiz.de/10011077489

The Importance of Family Background and Neighborhood Effects as Determinants of Crime

Hederos Eriksson, Karin; Hjalmarsson, Randi; Lindquist, … - C.E.P.R. Discussion Papers - 2014

We quantify the importance of family background and neighborhood effects as determinants of criminal convictions and incarceration by estimating sibling and neighborhood correlations. At the extensive margin, factors common to siblings account for 24 percent of the variation in criminal...

Persistent link: https://www.econbiz.de/10011083565

On the relation between income inequality and happiness : do fairness perceptions matter?

Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A. V. - 2009

In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the income generation process affects this association. Building on a two-period model of individual life-time utility maximization, we predict that persons with higher perceived...

Persistent link: https://www.econbiz.de/10003919894

Intergenerational income persistence : measures of intergenerational persistence can be indicative of equality of opportunity, but the relationship is not clear cut

Blanden, Jo - 2015

A strong association between incomes across generations - with children from poor families likely to be poor as adults - is frequently considered an indicator of insufficient equality of opportunity. Studies of such "intergenerational persistence," or lack of intergenerational mobility, are...

Persistent link: https://www.econbiz.de/10011433176

Promoting social mobility in Austria

Förster, Michael - 2020

income shocks. The high concentration of household wealth, combined with the absence of inheritance taxation, however implies …

Persistent link: https://www.econbiz.de/10012630096

Intergenerational Transmission of Disadvantage : Mobility or Immobility Across Generations?

D'Addio, Anna - 2007

This report surveys the research in OECD countries on intergenerational mobility – i.e. the extent to which key characteristics and life experiences of individuals differ from those of their parents. A number of findings emerge: Intergenerational earnings mobility varies significantly across...

Persistent link: https://www.econbiz.de/10012444612

What Do We Know So Far about Multigenerational Mobility?

Solon, Gary - National Bureau of Economic Research (NBER) - 2015

“Multigenerational mobility” refers to the associations in socioeconomic status across three or more generations. This article begins by summarizing the longstanding but recently growing empirical literature on multigenerational mobility. It then discusses multiple theoretical...

Persistent link: https://www.econbiz.de/10011213643

Controversies about the Rise of American Inequality: A Survey

Gordon, Robert J.; Dew-Becker, Ian - National Bureau of Economic Research (NBER) - 2008

This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately: changes in labor's share of income; inequality at the bottom of the income distribution, including labor mobility; skill-biased technical change; inequality among high incomes;...

Persistent link: https://www.econbiz.de/10005085152

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