This research compares the patterns of intergenerational income mobility between fathers and sons in Germany, Italy, Great Britain and the United States. It is one of the few studies that investigates more than one dimension of mobility. It also proposes a new way to construct the mobility...

Using individual data from over 400 surveys, this paper compiles a global database of intergenerational mobility in education for 153 countries covering 97 percent of the world's population. For 87 percent of the world's population, it provides trends in intergenerational mobility for...

Using individual data from over 400 household surveys, this paper compiles a global database of intergenerational mobility in education for 153 countries covering 97 percent of the world’s population. Absolute mobility in education – the share of respondents that obtains higher levels of...

In a real economy, decisions on investments in child human capital of children are made by families rather than by atomistic parents as is typically assumed in the literature. This paper incorporates family formation into an otherwise standard dynastic framework with human capital accumulation....

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...

Income inequality has increased dramatically in the United States since the 1970s. However, we argue in this paper that many common perceptions about causes and consequences of rising inequality are misleading or even false. Using first-hand empirical analyses and meta-analyses of previously...