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indices to make three contributions. First, we describe the geography of intergenerational mobility in Europe. Second … intergenerational mobility and innovation, and find robust evidence that higher mobility is associated with increased innovation. …
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We develop and estimate an equilibrium model of geographic variation in the intergenerational elasticity of earnings (IGE). The theory extends the Becker-Tomes model, introducing a production sector in which workers' human capital inputs are complements. In this setting the return to parental...
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