Previous studies of intergenerational income mobility have not considered potential birth-order or family-size effects in the estimated income elasticity. This article uses a large sample of individuals born between 1962 and 1964; income elasticities with respect to parents' incomes are estimated...

We examine the association of income variability both within and across generations based on a heterogeneous growth model of permanent and transitory income in Sweden. Non-parametric regressions reveal that income variability is strongly associated with long-run levels of income, especially for...

This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing literature relating economic preference parameters to psychological measures by asking whether variations in preference parameters among persons, and in particular across genders,...