Children and their parents resemble each other in terms of economic preferences such as patience and risk tolerance. What drives the intergenerational correlation in preferences? We build a model of preference formation that combines genetic transmission, state influence through childcare...

We estimate the long-term intergenerational mobility (IM) in Brazil, by mesoregion, utiliz ing the methodology developed by Güell, Mora and Telmer (2015) and Güell et al. (2018). Benefiting from the unique features of Brazil, such as data availability on income, edu cation, full names, our...

South Africa's education system remains shaped by a legacy of colonialism and apartheid, with persistent racial disparities in attainment despite multiple post-1994 reforms. Using wave 5 of the National Income Dynamics Study, this paper examines intergenerational education mobility across...

Women are essential to the growth of any progressive society. Equal access to employment is necessary for both women's empowerment and global economic growth. However, discrimination against women persists at all career levels, making it challenging for them to overcome barriers to leadership...

Less or more rain, forever pain? This paper examines the long-run and intergenerational effects of early-life exposure to droughts and wet shocks on human capital outcomes over the life course. Combining a unique three-decade longitudinal survey of pregnant mothers in Metropolitan Cebu, the...

Housing is the largest capital asset for most families. While the intergenerational mobility literature has extensively studied the income distribution, it has devoted less attention to housing, in part due to data limitations. We document 3 features of intergenerational mobility by comparing...

Population aging in middle-income economies produces macroeconomic and distributional consequences that aggregate frameworks cannot detect. This paper develops a multi-household CGE model calibrated to a 26-sector Social Accounting Matrix for Thailand (2024) and traces the labor, saving, and...

We examine health persistence between parents and their adult children in Indonesia using both subjective and objective health measures including biomarkers. Using Principal Components Analysis, we estimate the interegenerational persistence of the combination of these measures to be 0.30,...

Africa remains the poorest and one of the most unequal regions globally, with limited upward mobility and strong intergenerational persistence of disadvantage. Child health is a key channel of transmission, shaping later outcomes in education, labour force participation, and earnings. This paper...