The elasticity of children’s economic status with respect to parents’ economic status is often taken as an indicator of the extent of equality of opportunity. While many studies have estimated the elasticity for the United States and other countries, only a few have tried to estimate the...

Most previously used measures of immigrant labor market assimilation will be biased if there is non-random emigration of immigrants. We use longitudinal data on immigration to Sweden 1970-1990 to examine the extent and pattern of immigrant emigration and its consequences for measures of...

We use data from the PSID to assess whether the effect of parental income on son's economic status has changed for cohorts born between 1949 and 1965. We find that the effect of parental income on sons' family income and wages at age thirty declined over this period. This was largely because the...