A growing literature provides evidence on multigenerational inequality - the extent to which socio-economic advantages persist across three or more generations. This chapter reviews its main findings and implications. Most studies find that inequality is more persistent than a naive iteration of...

This paper exploits molecular genetic data to quantify genetic confounding in parent-child educational outcomes. We develop a model of the intergenerational transmission of education based on insights from the literature on social science genetics. The model distinguishes between two types of...

We examine how gender-based occupational sorting before the release of ChatGPT relates to predicted exposure to generative AI and its potential implications for the gender wage gap. Using Swedish administrative data, we find that women are overrepresented in occupations predicted to be more...

In this paper, we discuss bequests and other intergenerational transfers and what impact they have on the consumption, saving, and labor supply behavior of households. We show that bequests and other intergenerational transfers are prevalent in most countries, that they are sometimes motivated...

This study investigates intergenerational educational immobility and its transmission channels in four developing countries: Ethiopia, India, Peru, and Vietnam. From data elicited throughout children's childhood, we extract latent factors of children's attributes and their environments. We...

This paper introduces a new global database with estimates of intergenerational income mobility for 87 countries, covering 84 percent of the world's population. This marks a notable expansion of the cross-country evidence base on income mobility, particularly among low- and middle-income...