By using university administrative and survey data on Italian graduates, we analyze the transmission of liberal professions from fathers to children. We assess the effect of nepotism and family networking, separately from other transmission channels, on the probability of choosing a degree that...

We survey the literature on income mobility, aiming to provide an integrated discussion of mobility within and between generations. We review mobility concepts, descriptive devices, measurement methods, data sources, and recent empirical evidence.

This paper assesses estimates of immigrant intergenerationa l mobility that are based on aggregate data sources. We show that aggregation bias strongly inflates estimates of the relationship between immigrants' educational attainment and the educational attainment of their children. Compared to...

This paper proposes a method to estimate intergenerational mobility that takes into account the multidimensionality of the phenomenon. The first premise is that status is unobserved; hence, it must be analysed through latent variable and factor analysis models. The second premise is that the...

The rapid widening of intergenerational wealth inequalities has led to sharp differences in living standards in Great Britain. Understanding which components of wealth are driving such inequalities is important for improving wealth and social mobility. We show the change in the intergenerational...

We document the intergenerational persistence of wealth between adult offspring and their parent's using the Wealth and Assets Survey for Great Britain. We estimate an intergenerational wealth elasticity of 0.4 and rank-rank elasticity of 0.3 and find wealth persistence for individuals in their...