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...

Die wirtschaftliche Erholung bleibt in Deutschland aus. Die Konjunktur stagniert, die öffentlichen Haushalte sind strukturell überfordert und der demografische Wandel macht sich fiskalisch zunehmend negativ bemerkbar. Anstatt dieser Entwicklung mit nachhaltigen Reformen entgegenzuwirken,...

This paper is the first to show that intergenerational income mobility in Germany has decreased over time. We provide estimates of intergenerational persistence for the birth cohorts 1968-1987 and document that the rank-rank slope rises sharply for cohorts born in the late 1970s and early 1980s,...

We employ distribution regression to estimate the joint distribution of two outcome variables conditional on covariates. Bivariate Distribution Regression (BDR) is particularly valuable when some dependence between the outcomes persists after accounting for the impact of the covariates. Our...

We provide new evidence on intergenerational social mobility among immigrants and natives in France. Using linked parent–child data from censuses, we introduce an individual-level metric - the Intergenerational Rank Difference (IRD) - that measures upward and downward mobility relative to the...