Showing 1 - 10 of 83
This paper analyses the role of family risk attitudes in intergenerational mobility in incomes and education. Based on … with risk averse fathers. They obtain significantly higher levels of education, which would be justified by modest evidence … on higher returns to education. The relationship seems more complex for sons' own risk attitudes. Risk taking sons …
Persistent link: https://www.econbiz.de/10010818237
, however, still limited regarding educational transitions later in life, such as into tertiary education. Is parental …
Persistent link: https://www.econbiz.de/10011267925
Previous estimates of unfair inequality of opportunity (IOp) are only lower bounds because of the unobservability of the full set of endowed circumstances beyond the sphere of individual responsibility. In this paper, we suggest a new estimator based on a fixed effects panel model which...
Persistent link: https://www.econbiz.de/10009277156
Motivated by contradictory evidence on intergenerational mobility in Germany, I present a cross-country comparison of Germany and the US, reassessing the question of whether intergenerational mobility is higher in Germany than the US. I can reproduce the standard result from the literature,...
Persistent link: https://www.econbiz.de/10011249383
This paper is the first to analyze intergenerational economic mobility based on sibling correlations in permanent earnings in Germany and to provide a cross-country comparison of Germany, Denmark, and the US. The main findings are as follows: the importance of family and community background in...
Persistent link: https://www.econbiz.de/10008868114
This is the first study investigating the causal effect of maternal education on child's health and schooling outcomes … instrumenting maternal education by the number of her siblings while conditioning on a set of variables describing the grandparents … variation in the years of education by affecting the household resources available per child. We present evidence for strong and …
Persistent link: https://www.econbiz.de/10009021617
This paper studies the association between the unemployment experience of fathers and their sons. Based on German survey data that cover the last decades we find significant positive correlations. Using instrumental variables estimation and the Gottschalk (1996) method we investigate to what...
Persistent link: https://www.econbiz.de/10011128973
I argue that the empirical strategies for estimation of the intergenerational elasticity of lifetime earnings that are currently employed in the literature might not eliminate bias arising from life-cycle effects. Specifically, I demonstrate that procedures based on the generalized...
Persistent link: https://www.econbiz.de/10008784514
In this paper we present sibling and neighbor correlations in school grades and cognitive skills as well as indicators of physical and mental health for a sample of German adolescents. In a first step, we estimate sibling correlations and find substantial influence of shared family and community...
Persistent link: https://www.econbiz.de/10011267909
This paper analyzes whether individuals have equal opportunity to achieve happiness (or wellbeing). We estimate sibling correlations and intergenerational correlations in self-reported life satisfaction, satisfaction with household income, job satisfaction, and satisfaction with health. We find...
Persistent link: https://www.econbiz.de/10011267919