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The correlation of wealth between parents and children in Australia
Siminski, Peter; Yu, Sin Hung - 2021
We present the first estimates of intergenerational wealth correlation for Australia, using HILDA. The rank correlation … varies greatly by child age when wealth is observed, from 0.1 before age 30, to 0.5 after age 40. Most children in our … estimation sample are young. For these children overall, the estimate is 0.253. Our comparable estimate for the USA is 0 …
Persistent link: https://www.econbiz.de/10012649512
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Inequality from generation to generation : the United States in comparison
Corak, Miles - 2016
To understand the degree of intergenerational mobility in the United States, and the differences between Americans and others, it is important to appreciate the workings and interaction of three fundamental institutions: the family, the market, and the state. But comparisons can also be...
Persistent link: https://www.econbiz.de/10011475187
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Multidimensional equality of opportunity in the United States
Hufe, Paul; Kobus, Martyna; Peichl, Andreas; Schüle, Paul - 2022
measurement approach that allows us to target the joint distribution of income and wealth. We show that inequality of opportunity …-egalitarian distribution of income until 2000, and (ii) a less opportunity-egalitarian distribution of wealth after the financial crisis in …
Persistent link: https://www.econbiz.de/10013169954
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Like mother, like child? : the rise of women's intergenerational income persistence in Sweden and the United States
Brandén, Gunnar; Nybom, Martin; Vosters, Kelly - 2023
We show how intergenerational mobility has evolved over time in Sweden and the United States since 1985, focusing on prime-age labor incomes of both men and women. Income persistence involving women (daughters and/or mothers) has risen substantially over recent decades in both Sweden and the US,...
Persistent link: https://www.econbiz.de/10014280839
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Intergenerational health mobility in the US
Halliday, Timothy; Mazumder, Bhashkar; Wong, Ashley - 2018
Studies of intergenerational mobility have largely ignored health despite the central importance of health to welfare. We present the first estimates of intergenerational health mobility in the US by using repeated measures of self-reported health status (SRH) during adulthood from the PSID. Our...
Persistent link: https://www.econbiz.de/10011796131
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Intergenerational wealth mobility in rural Bangladesh
Asadullah, Mohammad Niaz - 2011
Unique residential history data with retrospective information on parental assets are used to study household wealth … explained by intergenerational persistence in educational attainment. -- intergenerational inequality ; household wealth … transition matrices show substantial persistence in wealth even when we correct for measurement errors in parental wealth. We do …
Persistent link: https://www.econbiz.de/10009315486
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The economic impact of heritable physical traits : hot parents, rich kid?
Hamermesh, Daniel S.; Zhang, Anwen - 2024
Since the mapping of the human genome in 2004, biologists have demonstrated genetic links to the expression of several income-enhancing physical traits. To illustrate how heredity produces intergenerational economic effects, this study uses one trait, beauty, to infer the extent to which...
Persistent link: https://www.econbiz.de/10014463123
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Immobile Australia : surnames show strong status persistence, 1870-2017
Clark, Gregory; Leigh, Andrew; Pottenger, Mike - 2017
than the UK or USA (Mendolia and Siminski, 2016), status persistence for surnames is as high as that in England or the USA …
Persistent link: https://www.econbiz.de/10011732056
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Intergenerational educational mobility in Turkey
Tansel, Aysıt - 2015
This paper aims to provide information on intergenerational educational mobility in Turkey over the last century (at least over the last 65 years). This is the first study explicitly on providing the association between parents' and children's education in Turkey over time unlike the previous...
Persistent link: https://www.econbiz.de/10011427808
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New estimates of intergenerational mobility in Australia
Mendolia, Silvia; Siminski, Peter - 2015
We present new estimates of intergenerational earnings elasticity for Australia. We closely follow the methodology used by Leigh (2007), but use considerably more data (twelve waves of HILDA and four waves of PSID). Our adjusted estimates are intended to be comparable to those for other...
Persistent link: https://www.econbiz.de/10011347277