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This paper analyses the role of family risk attitudes in intergenerational mobility in incomes and education. Based on 1984-2009 data of sons and fathers from the German Socio-Economic Panel Survey, there is evidence suggesting that sons with risk taking fathers have a significantly higher...
Persistent link: https://www.econbiz.de/10009687917
We study empirically whether there is scope for parents to shape the economic preferences and attitudes of their children through purposeful investments. We exploit information on the risk and trust attitudes of parents and their children, as well as rich information about parental efforts in...
Persistent link: https://www.econbiz.de/10013079165
We present estimates of intergenerational mobility in self-reported health status (SRHS) in the US using data from the PSID. We estimate that the rank-rank slope in SRHS is 0.26. We show that including both parent health and income in models of intergenerational mobility increases the...
Persistent link: https://www.econbiz.de/10012852901
Social scientists have long documented that many components of socioeconomic status such as income and education have strong ties across generations. However, health status, arguably a more critical component of welfare, has largely been ignored. We fill this void by providing the first...
Persistent link: https://www.econbiz.de/10012859732
We study how patterns of intergenerational residence possibly influence fatalities from Covid-19. We use aggregate data on Covid-19 deaths, the share of young adults living with their parents, and a number of other statistics, for the 27 countries in the European Union, the UK, and all US...
Persistent link: https://www.econbiz.de/10012245063
Social scientists have long documented that many components of socioeconomic status such as income and education have strong ties across generations. However, health status, arguably a more critical component of welfare, has largely been ignored. We fill this void by providing the first...
Persistent link: https://www.econbiz.de/10012133343
While there is substantial research on the intergenerational persistence of economic outcomes such as income and wealth, much less is known about intergenerational persistence in health. We examine the correlation in longevity (an overall measure of health) across generations using a unique...
Persistent link: https://www.econbiz.de/10014247955
We use population-wide administrative health records from Taiwan to estimate intergenerational persistence in health, providing the first estimates for a middle income country. We measure latent health by applying principal components analysis to a set of indicators for 13 broad ICD categories...
Persistent link: https://www.econbiz.de/10014419501
This discussion paper led to a publication in href=http://onlinelibrary.wiley.com/doi/10.1002/jae.1071/fullJournal of Applied Econometrics, 24(6), 993-1023.Parents’ transfer motives are important for understanding, e.g., macroeconomics, income (re)distribution, savings, and public finance....
Persistent link: https://www.econbiz.de/10011372976
altruism. A fall in the population growth rate, even to negative values, will imply a reduction of the interest rate and an …
Persistent link: https://www.econbiz.de/10011326408