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Poor families have more children and transfer less resources to them. This suggests that family decisions about fertility and transfers dampen intergenerational mobility. To evaluate the quantitative importance of this mechanism, we extend the standard heterogeneous agent life cycle model with...
Persistent link: https://www.econbiz.de/10011911515
We use newly linked UK administrative to estimate absolute income mobility for children born in England in the 1980s. We find huge differences across the country, with a strong North-South gradient. Children from low-income families who grew up in the lowest mobility areas - overwhelmingly in...
Persistent link: https://www.econbiz.de/10013331037
We provide novel evidence of the impact of coresidence bias on a large set of indicators of intergenerational mobility in education. We begin re-examining a recent claim that the correlation coefficient is less biased than the regression coefficient. Then, we expand our analysis to show that...
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We construct a dynamic general equilibrium model with occupation mobility, human capital accumulation and endogenous assignment of workers to tasks to quantitatively assess the aggregate impact of automation and other task-biased technological innovations. We extend recent quantitative general...
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This paper investigates the influence of parental education on the returns to experience of Italian men using a new longitudinal dataset that contains detailed information on individual working histories. Our favourite panel estimates indicate that an additional year of parental education...
Persistent link: https://www.econbiz.de/10011317905
developing world. I study the role played by parents’ educational investment to explain this inequality and its determinants. To … mitigate the identification problem posed by observational data, I design a lab-in-the-field experiment with poor parents in … India. I develop new theory-driven survey measures based on hypothetical scenarios that allow me to separately identify …
Persistent link: https://www.econbiz.de/10013331723