We investigate sibling correlations in health status using the Panel Study of Income Dynamics and Bayesian methods that allow us to estimate the covariance structure of a system of latent variable equations. Across a battery of outcomes, we estimate that between 50% and 60% of health status can...

Germany's education system stands out among OECD countries for early tracking: students are tracked into different secondary school types at the age of ten in most German states. In this paper we estimate the effects on educational outcomes of a reform that delayed tracking by two years. While...

The correlation between the socio-economic status of parents and their offspring has emerged as one of the stylized facts in economics, though cross-country and cross-occupation variation is remarkable. However, part of the underlying mechanism behind intergenerational persistence remains to be...

Using family income from the Panel Study of Income Dynamics (PSID), we apply Quantile Regression to estimate the Intergenerational Income Elasticity (IGE) by percentiles in the U.S. from 1980 to 2010. For the whole period, the IGE shows a Ushape across the income distribution, with maximum...

The relationship between inequality and trust has attracted the interest of many scholars who have found a negative relationship between the two variables. However, the causal link from inequality to trust is far from being identified and the existing empirical evidence admittedly remains weak,...

Discrimination against specific ethnic groups transcends the boundary of current generation and perpetuates across future generations as well. This is manifested as low Intergenerational Mobility in terms of both Education and Occupation in developing countries in general, and among specific...

Using data from the 1979 and 1997 National Longitudinal Survey of Youth, we investigate the changing roles of ability and education in the transmission of economic status across generations. Potential changes are identified using a decomposition method based on the OLS omitted variable bias...

We examine the association of income variability both within and across generations based on a heterogeneous growth model of permanent and transitory income in Sweden. Non-parametric regressions reveal that income variability is strongly associated with long-run levels of income, especially for...

An economy can improve its technology level through two channels -- imitating from the world technology frontier and innovating on its own technology level -- innovation being more skilled-intensive than imitation. I develop a growth model based on the endogenous ability-driven skill acquisition...

The existing studies report substantial improvements in educational mobility in post-reform India using intergenerational regression coefficient (IGRC) across age cohorts in a cross-section survey. In contrast, our estimates of sibling (SC) and intergenerational (IGC) correlations for the same...