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A cross country comparison of generational earnings mobility is offered, and the reasons for the degree to which the long run labour market success of children is related to that of their parents is examined. The rich countries differ significantly in the extent to which parental economic status...
Persistent link: https://www.econbiz.de/10005703332
This paper aims to study the mechanisms of the intergenerational transfer of poverty: it considers household poverty as a risk factor for youth poverty. The study is based on a unique, nationally representative School-to-Work Transition survey carried out in 2006 in Mongolia, one of the 50...
Persistent link: https://www.econbiz.de/10010599047
We show that socio-economic status (SES) is a powerful predictor of many facets of a child's personality. The facets of personality we investigate encompass time preferences, risk preferences, and altruism, as well as crystallized and fluid IQ. We measure a family's SES by the mother's and...
Persistent link: https://www.econbiz.de/10011265283
We analyse in detail the factors that lead to intergenerational persistence among sons, where this is measured as the association between childhood family income and later adult earnings. We seek to account for the level of income persistence in the 1970 BCS cohort and also to explore the...
Persistent link: https://www.econbiz.de/10005762058
We investigate whether two crucial determinants of economic decision making – willingness to take risks and willingness to trust other people – are transmitted from parents to children. Our evidence is based on survey questions that ask about these attitudes directly, and are good measures...
Persistent link: https://www.econbiz.de/10005762390
Relatively little is known about the youth labour market in general and about gender differences in Mongolia, one of the fifty poorest countries in the world. This paper addresses the issue by taking advantage of a School to Work Survey (SWTS) on young people aged 15-29 years carried out in...
Persistent link: https://www.econbiz.de/10008517976
This comparative study of the relationship between family economic background and adult outcomes in the United States and Canada addresses three questions. First, is there something to explain? We suggest that the existing literature finds that there are significant differences in the degree of...
Persistent link: https://www.econbiz.de/10008529141
While much of the literature that investigates the part-time (PT) / full-time (FT) hourly wage differential and its causes focuses on average effects, very few studies analyze the heterogeneous effects of PT work across different subgroups, despite the policy relevance of understanding channels...
Persistent link: https://www.econbiz.de/10004976892
We study empirically whether there is scope for parents to shape the economic preferences and attitudes of their children through purposeful investments. We exploit information on the risk and trust attitudes of parents and their children, as well as rich information about parental efforts in...
Persistent link: https://www.econbiz.de/10010676290
This study examines the correlation between childhood poverty and its influence on adulthood wage distribution, where childhood poverty refers to experience of poverty or poor family background during one's childhood. With the data from Korean Labor Income Panel Study, KLIPS, quantile regression...
Persistent link: https://www.econbiz.de/10010764621