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We empirically investigate the link between parental involvement and shaping of the economic preferences, attitudes and personality traits of their children. We exploit information on the risk and trust attitudes, the Big Five personality traits and locus of control of parents and their...
Persistent link: https://www.econbiz.de/10012293100
Since the mapping of the human genome in 2004, biologists have demonstrated genetic links to the expression of several income-enhancing physical traits. To illustrate how heredity produces intergenerational economic effects, this study uses one trait, beauty, to infer the extent to which...
Persistent link: https://www.econbiz.de/10014463123
Research on intergenerational economic mobility often ignores the geographic context of childhood, including neighborhood quality and local purchasing power. We hypothesize that individual variation in intergenerational mobility is partly attributable to regional and neighborhood conditions —...
Persistent link: https://www.econbiz.de/10013033310
Do elite colleges help talented students join the social elite, or help incumbent elites retain their positions? We combine intergenerationally-linked data from Chile with a regression discontinuity design to show that, looking across generations, elite colleges do both. Lower-status individuals...
Persistent link: https://www.econbiz.de/10015052410
In this paper, I analyze detailed data on intergenerational transfers in 4 countries (China, India, Japan, and the United States) from the "Japan Household Panel Survey on Consumer Preferences and Satisfaction (JHPS-CPS)" which has been conducted by the Institute of Social and Economic Research...
Persistent link: https://www.econbiz.de/10015066903
Historically, the issue of intergenerational evolution of income, wealth, and socioeconomic status has been the subject of considerable research in the analysis of inequality. Such intergenerational linkages are anticipated to come from two sources: first, the inheritance of innate abilities and...
Persistent link: https://www.econbiz.de/10012509582
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The paper paper estimates long run social mobility in Australia 1870-2017 tracking the status of rare surnames. The status information includes occupations from electoral rolls, and records of degrees awarded by Melbourne and Sydney universities. Status persistence was strong throughout, with an...
Persistent link: https://www.econbiz.de/10011721622