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survey data that cover the last decades we find significant positive correlations. Using instrumental variables estimation …
Persistent link: https://www.econbiz.de/10010417486
Correlations between parent and child earnings reflect intergenerational mobility and, more broadly, correlations between siblings' earnings reflect shared community and family background. These earnings relationships capture important aspects of relations in socio-economic status more...
Persistent link: https://www.econbiz.de/10011653810
Using longitudinal data based on administrative registers for the population of Danish men we develop a model which accounts for the joint earnings dynamics of siblings and youth community peers. We are the first to decompose the sibling correlation of permanent earnings into family and...
Persistent link: https://www.econbiz.de/10011752512