This study provides a comprehensive analysis of the generational wealth transfer within Sweden's public pay-as-you-go pension system introduced in 1960. Using extensive administrative registers, the paper quantifies the contributions made and benefits received by each birth cohort. The findings...

We construct two new large-scale datasets to measure relative and upward educational mobility by sex, race, class, and childhood county of residence for cohorts born in 1910-1919 and 1982-1997. We show that both relative and upward educational mobility rose over the 20th century, with...

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...

Measuring income gaps across family backgrounds is crucial for evaluating inequality and informing policy. I develop a multidimensional approach and apply it to Dutch administrative data with exceptionally rich information on parents and extended family. This approach reveals strikingly larger...

Many countries have established new local colleges to increase access to education for disadvantaged populations. However, many of these expansions have not reduced educational inequality. Drawing on evidence from a large-scale college expansion initiative, we find that increased college...

This paper examines earnings differences between first-generation and continuing generation college graduates across 24 OECD countries using data from the OECD Survey of Adult Skills (PIAAC). In all but two of the countries analysed, first-generation graduates earn less than their peers from...

This paper estimates the short-run impact of parental risky behaviors on multiple dimensions of child development using 30 years of data from a representative Russian longitudinal survey. We use factor analysis to construct a composite index of parental risky behaviors and health habits. The...

A recent article in PNAS "The Inheritance of Social Status in England, 1600-1822" (Clark, 2023) argued that social status in England throughout these years showed a strong and stable pattern of inheritance. This pattern was consistent with the additive genetic inheritance of social abilities, in...

We study a neoclassical growth model with population growth and agents who are heterogeneous in their discount factors. Population growth is interpreted as the entry of new infinitely-lived agents with zero initial endowments who are not included in the economic calculus of existing agents. We...

This paper investigates the intergenerational transmission of socio-emotional skills during childhood, using data from the 1970 British Cohort Study (BCS70) in the United Kingdom. This dataset enables us to measure two dimensions of socio-emotional development: internalising and externalising...

The 2024 elections arrived at a pivotal moment for Ghana. While the country witnessed substantial progress in economic growth, poverty reduction, and human development in the first decade of the twenty-first century, the following decade saw a decline in economic prospects and a stagnation in...

What determines long-term mental health and its intergenerational correlation? Exploiting variation in unemployment rates upon labor market entry across Australian states and cohorts, we provide novel evidence that the mental health of daughters is affected by the labor market entry conditions...

Lacking lifetime income data, most intergenerational mobility estimates are subject to lifecycle bias. Using long income series from Sweden and the US, we illustrate that standard correction methods struggle to account for one important property of income processes: children from affluent...

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 paper is the first to show that intergenerational income mobility in Germany has decreased over time. We estimate intergenerational persistence for the birth cohorts 1968-1987 and find that it rises sharply for cohorts born in the late 1970s and early 1980s, after which it stabilizes at a...

This paper analyzes the link between digitalization and intergenerational occupational mobility in Africa. We use a probit model estimated on a large sample of 28 million individuals aged 14 and higher and co-residing with at least one individual from the older generation. We find that...