Daruich, Diego; Kozlowski, Julian - 2018
fertility and transfers dampen intergenerational mobility. To evaluate the quantitative importance of this mechanism, we extend … fertility, family transfers, and education. The model, estimated to the US in the 2000s, implies that a counterfactual flat … income-fertility profile would-through the equalization of initial conditions-increase intergenerational mobility by 6%. The …