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Like Great-Grandparent, Like Great-Grandchild? Multigenerational Mobility in American History

Ward, Zachary; Buckles, Kasey S.; Price, Joseph - National Bureau of Economic Research - 2025

Using data on 2.5 million great-grandchildren linked to their great-grandfathers in the US (1850-1940), we show that economic gaps persisted strongly across four generations despite major structural change. We find that one-third of the initial differences in economic status across white...

Persistent link: https://www.econbiz.de/10015421873

Old Boys' Clubs and Upward Mobility Among the Educational Elite

Michelman, Valerie; Price, Joseph; Zimmerman, Seth D. - National Bureau of Economic Research - 2021

new groups of students arriving on campus encountered a social system centered on exclusive old boys' clubs. We combine … archival and Census records of students' college lives and long-run careers with a room-randomization design based on a scaled … residential integration policy. We first show that high-status students from prestigious private high schools perform worse …

Persistent link: https://www.econbiz.de/10012496137

Family Trees and Falling Apples : Historical Intergenerational Mobility Estimates for Women and Men

Buckles, Kasey S.; Price, Joseph; Ward, Zachary; … - National Bureau of Economic Research - 2023

Efforts to document long-term trends in socioeconomic mobility in the United States have been hindered by the lack of large, representative datasets that include information linking parents to their adult children. This problem has been especially acute for women, who are more difficult to link...

Persistent link: https://www.econbiz.de/10014437049

Wealth Distribution and Social Mobility in the US : A Quantitative Approach

Benhabib, Jess - 2015

This paper attempts to quantitatively identify the factors that drive wealth dynamics in the U.S. and are consistent with its observed skewed cross-sectional distribution and social mobility. We concentrate on three critical factors: a skewed and persistent distribution of earnings, differential...

Persistent link: https://www.econbiz.de/10012456949

The distribution of wealth and fiscal policy in economies with finitely lived agents

Benhabib, Jess - 2009

We study the dynamics of the distribution of overlapping generation economy with finitely lived agents and inter-generational transmission of wealth. Financial markets are incomplete, exposing agents to both labor income and capital income risk. We show that the stationary wealth distribution is...

Persistent link: https://www.econbiz.de/10012463917

Urban Mobility and the Experienced Isolation of Students and Adults

Cook, Cody; Currier, Lindsey; Glaeser, Edward L. - National Bureau of Economic Research - 2022

'experienced isolation' methodology of Athey et al. (2021), we compare the isolation of students over the age of 16--who we … identify based on their time spent at a high school--and adults. We find that students in cities experience significantly less … average adult. Even when comparing students and adults living in the same neighborhood, exposure to devices associated with a …

Persistent link: https://www.econbiz.de/10012814420

Cities as Engines of Opportunities : Evidence from Brazil

Barza, Radu; Glaeser, Edward L.; Hidalgo, César A.; … - National Bureau of Economic Research - 2024

Are developing-world cities engines of opportunities for low-wage earners? In this study, we track a cohort of young low-income workers in Brazil for thirteen years to explore the contribution of factors such as industrial structure and skill segregation on upward income mobility. We find that...

Persistent link: https://www.econbiz.de/10014544705