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Intergenerational wealth transmission in Great Britain

Gregg, Paul; Kanabar, Ricky - 2021

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 60s is lower than for those currently aged in their 30s and early 40s …

Persistent link: https://www.econbiz.de/10012584703

Intergenerational wealth transmission and mobility in great britain : what components of wealth matter?

Gregg, Paul; Kanabar, Ricky - 2022

mobility. We show the change in the intergenerational persistence in wealth in Great Britain is due to inequality in offspring …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 …

Persistent link: https://www.econbiz.de/10012815604

Income mobility

Jäntti, Markus; Jenkins, Stephen - 2013

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.

Persistent link: https://www.econbiz.de/10010198449

Who assimilates? : statistical artefacts and intergenerational mobility in immigrant families

Luthra, Renee; Soehl, Thomas - 2014

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...

Persistent link: https://www.econbiz.de/10010400651

The intergenerational mobility of liberal professions : nepotism versus abilities

Aina, Carmen; Nicoletti, Cheti - 2014

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...

Persistent link: https://www.econbiz.de/10010422732

Intergenerational mobility of status with multiple dimensions in Germany and the United Kingdom

Bavaro, Michele - 2018

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...

Persistent link: https://www.econbiz.de/10011867497