Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents …'s accumulation of wealth and investor behavior as adults, even when removing the genetic connection between children and the parents … tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation …

Using longitudinal data for Norwegian children born in 1950, 1955, 1960 and 1965, we find a relatively high degree of …

More able parents tend to have more able children. While few would question the validity of this statement, there is … estimated elasticity of intergenerational transmission of income of approximately .2. -- Ability ; intergenerational mobility …

More able parents tend to have more able children. While few would question the validity of this statement, there is … estimated elasticity of intergenerational transmission of income of approximately .2 …

More able parents tend to have more able children. While few would question the validity of this statement, there is … estimated elasticity of intergenerational transmission of income of approximately .2 …