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This paper uses a panel of 21,618 people with rare surnames whose wealth is observed at death in England and Wales 1858-2012 to measure the intergeneration elasticity of wealth over five generations. We show, using rare surnames to track families, that wealth is much more persistent over...
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This paper uses a panel of 21,618 people with rare surnames whose wealth is observed at death in England and Wales 1858-2012 to measure the intergeneration elasticity of wealth over five generations. We show, using rare surnames to track families, that wealth is much more persistent over...
Persistent link: https://www.econbiz.de/10010928857
Children early in the birth order get more parental care than later children. Does this significantly affect their life chances? An extensive genealogy of 428,280 English people 1680-2024, with substantial sets of complete families, suggests that birth order had little effect on social outcomes...
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