The United States and China are the world's largest economies. Together they are responsible for about one-third of the world's economic output. This paper aims to examine whether the two economic giants are also lands of opportunity where resources are allocated in a way that minimizes...

The study aims at bridging gaps in both theoretical and empirical literature pertaining to multigenerational persistence. From a theoretical standpoint, it argues that parental altruism is influenced by social heterogeneity rather than income-based heterogeneity. One's position in the social...

Most studies of intergenerational mobility focus on adjacent generations, and there is limited knowledge about multigenerational mobility-that is, status transmission across three generations. We examine multigenerational educational and occupational mobility in India, using a nationally...

How strong is the transmission of socio-economic status across generations in Latin America? To answer this question, we first review the empirical literature on intergenerational mobility and inequality of opportunity for the region, summarizing results for both income and educational outcomes....

In societies where surnames are inherited from parents, we can use these names to estimate rates of intergenerational mobility. This paper explains how to make such estimates, and illustrates their use in pre-industrial England and modern Chile and India. These surname estimates have the...

We suggest a simple and flexible criterion to assess inter-generational mobility. It accommodates different types of outcomes (continuous outcomes such as potential earnings, or discrete ones such as education groups) and captures dynastic improvements of such outcomes at different points of the...