Intergenerational talent transmission, inequality, and social mobility

The paper investigates the effects of intra-family talent transmission when human capital exhibits indivisibilities and parental financing of education involves borrowing constraints. Positive talent correlation reduces social mobility but steady state inequality and macroeconomic history-dependence are not affected.

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Year of publication:	2006
Authors:	Napel, Stefan ; Schneider, Andrea
Publisher:	Hamburg : Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre
Subject:	Intergenerational mobility \| Inequality \| Occupational choice \| Historydependence

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Series:	Diskussionspapier ; 52
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	523972709 [GVK] hdl:10419/23639 [Handle]
Classification:	O15 - Human Resources; Income Distribution; Migration ; J62 - Occupational and Intergenerational Mobility ; E25 - Aggregate Factor Income Distribution ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; I21 - Analysis of Education ; D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving ; D31 - Personal Income, Wealth and Their Distributions
Source:	EconStor

Persistent link: https://www.econbiz.de/10010263451