Lefgren, Lars; Lindquist, Matthew; Sims, David - Nationalekonomiska institutionen, Stockholms Universitet - 2009
sample of Swedish sons and their fathers, we show that only a minority of the intergenerational income elasticity can be …We construct a simple model, consistent with Becker and Tomes (1979), that decomposes the intergenerational income … elasticity into the causal effect of financial resources, the mechanistic transmission of human capital, and the role that human …