For the first time, a genealogical mass database is used to determine multigenerational socio-economic mobility of up to eight contiguous generations. The example of Germany (1600-1900) shows that in an AR(1) model, higher multigenerational stability of socio-economic status is measured the more...

This paper provides the first robust estimates of intergenerational mobility in Chile’s formal private sector using administrative data for parents and children. Using a unique dataset that links a child’s and their parent’s earnings, we estimate that the intergenerational earnings...

This paper studies the relationship between intergenerational economic persistence and preferences for the provision of public goods. Specifically, we develop a simple theoretical model in which a public good is financed through proportional taxation, and that predicts a lower provision of...

Aging is a natural progression of the life cycle and society will always have persons of different ages who need to learn to live alongside one another. One of the most consistent themes in the debate regarding the realization of the human rights of older persons is the need to strengthen...

In the most recent decades, intergenerational equity concerns have risen given aging Western world populations, overindebtedness of major industrialized economies, age-sensitive health risk propensities during a global pandemic and climate change.An aging Western world population will require...

We provide the first estimates of intergenerational income mobility for a developing country, namely Brazil. We measure formal income from tax and employment registries, and we train machine learning models on census and survey data to predict informal income. The data reveal a much higher...

Rising wealth inequality has spurred an increased interest in understanding how and why wealth is correlated across generations. Prior research has found an intergenerational correlation between 0.2 and 0.4 and has emphasized the role of family characteristics in driving this correlation. We...

An extensive climate policy literature provides various recommendations, but they are not supported democratically since the models employed consider either infinitely-lived individuals or normative social objectives (or both). In contrast, the present paper provides policy recommendations that...

Poor people are trapped in a vicious cycle of intergenerational poverty. This study critically reviews existing literature to explore why long-lasting poverty exists despite various initiatives taken by national and international development organizations (NGOs), charity organizations, and...

Personal bankruptcy is a widely used debt relief policy. We merge a large dataset on the demographic information and the residences of adult Singaporean citizens with a bankruptcy dataset to investigate the effect of parental bankruptcy on children’s financial behavior in adulthood. Children...