Daysal, N. Meltem; Lovenheim, Michael F.; Wasser, David N. - National Bureau of Economic Research - 2023
Rising wealth inequality has spurred an increased interest in understanding how and why wealth is correlated across … generations. We exploit plausibly exogenous variation in housing wealth driven by home price changes in different areas to isolate … the causal impact of parental housing wealth during different childhood periods on children's long-run wealth accumulation …