We use Norwegian tax data and a life-cycle model with housing to study how wealth transmits across generations through the housing market. After controlling for a rich set of attributes, households with richer parents are nearly 15% more likely to be homeowners at age 30. Moreover, when...

In this paper, we examine (1) whether parental educational homogamy is associated with children's tertiary educational attainment in different European countries and (2) whether this association is moderated by families' educational backgrounds. Using data from the European Social Survey and...

We evaluate the aggregate, distributional and welfare consequences of alternative government education policies to encourage college completion, such as making college free and improving funding for public schooling. To do so, we construct a general equilibrium overlapping generations model with...

In diesem Beitrag wird der Zusammenhang zwischen den sogenannten Ökonomien des Alltagslebens (auch Fundamentalökonomie genannt), einem aktuellen Ansatz zur Debatte über die Daseinsvorsorge, und dem Konzept der räumlichen Gerechtigkeit diskutiert. Dabei wird von der These ausgegangen, dass...

University graduates are two to five times as likely to hold a degree in the field that their parents graduated from. To estimate how much of this association is caused by the education choices of parents, I exploit admission thresholds to university programs in a regression discontinuity...

This study provides a comprehensive analysis of the generational wealth transfer within Sweden's public pay-as-you-go pension system introduced in 1960. Using extensive administrative registers, the paper quantifies the contributions made and benefits received by each birth cohort. The findings...