Showing 1 - 10 of 496
Tanzania. Using cross-reports on asset holdings, we construct measures of misperception of income among all pairs of households …This paper studies asymmetry of information and transfers within a unique data set of 712 extended family networks from … over-evaluation or under-evaluation of income in our data, although there is a slight over-evaluation on the part of …
Persistent link: https://www.econbiz.de/10013047878
Family income is found to be more closely related to sons' earnings for a cohort born in 1970 compared to one born in … which relates mobility in measured family income/earnings to mobility in social class. Building on this framework we then … hypothesis that the observed decline in income mobility is a consequence of the poor measurement of permanent family income in …
Persistent link: https://www.econbiz.de/10013117185
Our analysis of intergenerational earnings mobility modifies the Becker-Tomes model to incorporate the intergenerational transmission of employers, which is predicted to increase the intergenerational elasticity of earnings. About 6% of young Canadian men have the same main employer as their...
Persistent link: https://www.econbiz.de/10013144694
Economists and social scientists have long been interested in intergenerational mobility, and documenting the persistence between parents and children's outcomes has been an active area of research. However, since Gary Solon's 1999 Chapter in the Handbook of Labor Economics, the literature has...
Persistent link: https://www.econbiz.de/10013144936
The intergenerational elasticity of income is considered one of the best measures of the degree to which a society … the intergenerational elasticity of income. The model clarifies how the interaction between private and collective … elasticity of income are not particularly informative about fairness without taking into account differences in politico …
Persistent link: https://www.econbiz.de/10013147548
We provide the first twin-based estimates of the intergenerational transmission of income between fathers and sons …. Using Swedish register data on the income of monozygotic twin fathers and their sons, we are able to control for unobserved … income elasticity of 0.276, while our twin-based intergenerational income elasticity is 0.12. This is close to the estimate …
Persistent link: https://www.econbiz.de/10013120135
welfare receipt across generations has created a culture in which welfare use reinforces itself through the family. Others … these claims. In this paper, we investigate the existence and importance of family welfare cultures in the context of Norway …
Persistent link: https://www.econbiz.de/10013051792
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal care provided to their parents and education expenditures for their children. The young enjoy their education, while the old may leave a bequest to their children. Within each...
Persistent link: https://www.econbiz.de/10013051795
We show that once interfamily exchanges are considered, Becker's rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of efficiency in the contribution game amongst siblings extends to a setting...
Persistent link: https://www.econbiz.de/10013057897
What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks …, transitory shocks and heterogeneous profiles? To what extent do taxes, transfers and the family attenuate these various factors ….We let individuals with different education levels have a separate income process; and within each skill group, we allow for …
Persistent link: https://www.econbiz.de/10013059679