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We analyse in detail the factors that lead to intergenerational persistence among sons, where this is measured as the association between childhood family income and later adult earnings. We seek to account for the level of income persistence in the 1970 BCS cohort and also to explore the...
Persistent link: https://www.econbiz.de/10005017208
We investigate the impact on earnings inequality of a selective education system in which school assignment is based on initial test scores. We use a large, representative household panel survey to compare adult earnings inequality of those growing up under a selective education system with...
Persistent link: https://www.econbiz.de/10010850090
Estimates of intergenerational economic mobility that use point in time measures of income and earnings suffer from lifecycle and attenuation bias. We consider these issues for the National Child Development Study (NCDS) and British Cohort Study (BCS) for the first time, highlighting how common...
Persistent link: https://www.econbiz.de/10010850092
Previous work has shown that there is a significant intergenerational correlation of worklessness for the UK which varies across local labour markets (Macmillan, 2011). Using a decomposition from the intergenerational mobility literature (Blanden et. al, 2007), this research is the first to...
Persistent link: https://www.econbiz.de/10010850095
There is currently a debate in policy circles about access to "the upper echelons of power" (Sir John Major, ex Prime Minister, 2013). This research seeks to understand the relationship between family background and early access to top occupations. We find that privately educated graduates are a...
Persistent link: https://www.econbiz.de/10010720416
It is widely believed that countries with greater levels of income inequality also have lower levels of intergenerational mobility. This relationship, known as the Great Gatsby Curve (GGC), has been prominently cited by high-ranking public policy makers, best-selling authors and Nobel Prize...
Persistent link: https://www.econbiz.de/10011132470
A growing number of studies in several countries over the past twenty years have documented the persistence in incomes across generations, and much of the current literature is seeking to understand the processes driving intergenerational mobility and how these differ across time periods and...
Persistent link: https://www.econbiz.de/10011132471
Previous studies of intergenerational income mobility have typically focused at on estimating persistence across generations at the mean of the distribution of sons' earnings. Here, we use the relatively new unconditional quantile regression (UQR) technique to consider how the association...
Persistent link: https://www.econbiz.de/10011241618
We analyse in detail the factors that lead to intergenerational persistence among sons, where this is measured as the association between childhood family income and later adult earnings. We seek to account for the level of income persistence in the 1970 BCS cohort and also to explore the...
Persistent link: https://www.econbiz.de/10010267944
Family income is found to be more closely related to sons' earnings for a cohort born in 1970 compared to one born in 1958. This result is in stark contrast to the finding on the basis of social class; intergenerational mobility for this outcome is found to be unchanged. Our aim here is to...
Persistent link: https://www.econbiz.de/10010282631