This paper uses data from the Panel Study of Income Dynamics, and the German Socioeconomic Panel to calculate comparable measures of the intergenerational correlations of earnings, hours, and education in the United States and Germany. Our results indicate that there is remarkable similarity...

We use data from the Panel Study of Income Dynamics and the German Socio-economic Panel to calculate comparable measures of intergenerational correlations of earnings, hours and education in the United States and in Germany. Our results indicate that there is remarkable similarity across the two...