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Our analysis of intergenerational earnings mobility modifies the Becker-Tomes model to incorporate the intergenerational transmission of employers, which is predicted to increase the intergenerational elasticity of earnings. About 6% of young Canadian men have the same main employer as their...
Persistent link: https://www.econbiz.de/10013144694
determine the life chances of children is complicated; the result of a particular history, societal values, and the nature of …
Persistent link: https://www.econbiz.de/10011475187
Persistent link: https://www.econbiz.de/10011299855
of age in a more polarized labor market, while the substantial rise in the income shares of the top 1 percent, their … access to sources of high-quality human capital investment for their children, and the intergenerational transmission of …
Persistent link: https://www.econbiz.de/10009777000
Persistent link: https://www.econbiz.de/10014437280
The rapid widening of intergenerational wealth inequalities has led to sharp differences in living standards in Great Britain. Understanding which components of wealth are driving such inequalities is important for improving wealth and social mobility. We show the change in the intergenerational...
Persistent link: https://www.econbiz.de/10012815604
There is substantial evidence of a significant relationship between parents' income and sons' earnings in the UK, and … that this relationship has strengthened over time. We extend this by exploring a broader measure of net family income as an … intergenerational income persistence and has a stronger effect for the later cohort. Finally, men from higher-income backgrounds are …
Persistent link: https://www.econbiz.de/10011718820
We document the intergenerational persistence of wealth between adult offspring and their parent's using the Wealth and Assets Survey for Great Britain. We estimate an intergenerational wealth elasticity of 0.4 and rank-rank elasticity of 0.3 and find wealth persistence for individuals in their...
Persistent link: https://www.econbiz.de/10012584703
employer from the father, while the preservation of high income status is distinctly related to this tendency. These findings … stress that child adult outcomes are related to the structure of labour markets, and underscore the role of resources parents … children …
Persistent link: https://www.econbiz.de/10013127955