How Important Is the Family? Evidence from Sibling Correlations in Permanent Earnings in the USA, Germany, and Denmark

This paper is the first to analyze the impact of family background on permanent earnings based on sibling correlations in Germany and to provide a cross-country comparison of Germany, Denmark, and USA. The main findings are that family and community background has a stronger influence on permanent earnings in Germany than in Denmark, and a comparable influence is found in USA. This holds true for both male and female siblings. A deeper analysis of Germany shows that family background also plays an important role in explaining variations in family income, wages, education, and risk attitudes.

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Year of publication:	2014-01
Authors:	Schnitzlein, Daniel D.
Published in:	Journal of Population Economics. - Heidelberg : Springer, ISSN 0933-1433. - Vol. 27.2014, 1, p. 69-89
Publisher:	Heidelberg : Springer
Subject:	Soziale Beziehungen \| Soziale Gruppe \| Soziales Netzwerk \| Zufriedenheit \| Einkommen \| Lohn \| Familie \| Vergleich \| Dänemark \| Deutschland \| USA \| Sibling correlations \| Intergenerational mobility \| REML \| Germany \| SOEP

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.1007/s00148-013-0468-6 [DOI] 817683585 [GVK] hdl:10419/106945 [Handle] RePEc:zbw:espost:106945 [RePEc]
Classification:	D1 - Household Behavior and Family Economics ; D3 - Distribution ; J62 - Occupational and Intergenerational Mobility
Source:	EconStor

Persistent link: https://www.econbiz.de/10010478789