Using harmonized household survey data, we analyse long run social mobility in the US, the UK, and Germany and test recent theories of multigenerational persistence of socio-economic status. In this country comparison setting we find evidence against Gregory Clark's "universal law of social...

Are children better off than their parents? This highly debated question in politics and economics is investigated by analysing the trends in absolute and relative intergenerational labour income mobility for Germany and the US. High quality panel data is used for this purpose; the SOEP for...

While global extreme poverty and global income inequality have decreased over the last decades before the Corona pandemic, inequality within many industrialized countries has increased. In Germany, net income inequality has increased after the German reunification, but since 2005 there has...