Empirical evidence suggests that parents who have themselves inherited from their own parents are more likely to leave an estate to their children even after controlling for income, wealth and education. This implies an indirect reciprocal behavior between three generations by transmitting the...

Samburu pastoralists in northern Kenya experience chronic poverty and often express the belief that formal education may be an alternative route out of poverty. The roles of parental wealth, livestock inheritance and formal education in household wealth (measured in livestock holdings) and...

In many Sub-Saharan African societies, inheritance is one of the most common means by which physical property is transferred from one generation to another. As such, policy initiatives concerning the intergenerational transmission of poverty (IGT poverty) would do well to attend to how...

This paper develops a conceptual framework for understanding the role of intergenerational transfers in the intergenerational transmission of poverty, provides empirical evidence on key aspects of intergenerational transfers, and discusses the role of public policy in helping the poor accumulate...

Using novel data on 50,000 Norwegian men, we study the effect of wealth on the probability of internal or international migration during the Age of Mass Migration (1850-1913), a time when the US maintained an open border to European immigrants. We do so by exploiting variation in parental wealth...