This paper studies how access to public pensions affects old-age support and child investment in traditional societies. Guided by predictions from an overlapping generations model, we analyze the influences of a new pension program in rural People's Republic of China, using a...

I analyze the expansion of higher education and its contribution to social mobility by linking information from 2016 Mexican Social Mobility Survey and the National Educational Information System. The empirical strategy follows a difference-in-differences approach that exploits variation in...

We show how intergenerational mobility has evolved over time in Sweden and the United States since 1985, focusing on prime-age labor incomes of both men and women. Income persistence involving women (daughters and/or mothers) has risen substantially over recent decades in both Sweden and the US,...

An individual’s beliefs about whether luck or effort determine how economically successful people are in life (luck/effort beliefs) are central for how she views society. In general, a person who thinks that luck is relatively more important than effort accepts less inequality, wants more...

We suggest a simple and flexible criterion to assess relative inter-generational mobility. It accommodates different types of outcomes, such as (continuous) earnings or (discrete and ordinal) education levels, and captures dynastic improvements of such outcomes at different points of the initial...

It is known that historically fertility is correlated between generations of the same family. These links tend to be explained either in terms of the biogenetic determinants of reproduction or by the transmission of intra-familial values associated with reproduction and family life. Less is...

We explore how members of a collective pension scheme can share inflation risks in the absence of suitable financial market instruments. Using intergenerational risk sharing arrangements, risks can be allocated better across the various participants of a collective pension scheme than would be...