In this paper we use linked Census data to document rates of intergenerational housing mobility across ethnic groups in England and Wales. While home ownership has declined across all ethnic groups, we find substantial differences between them, with Black, Pakistani and Bangladeshi households...

University graduates are more than three times as likely to hold a degree in the field that their parent graduated from. To estimate how much of this association is caused by the educational choices of parents, I exploit admission thresholds to university programs in a regression discontinuity...

This paper estimates family spillovers in high school major choice in Sweden, where admission to oversubscribed majors is determined based on GPA. Using a regression discontinuity design, we find large sibling and intergenerational spillovers that depend on the gender mix of a dyad. Same-gender...

Using nationally representative data, we estimate intergenerational persistence in health in India. Results from the instrumental variable method show that children of anemic mothers are more likely to be anemic, with an intergenerational health correlation of 0.26. Results are robust to the...

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

It is known that historically fertility is correlated between generations of the same family. These links tend to be explained either in terms of the biogenetic determinants of reproduction or by the transmission of intra-familial values associated with reproduction and family life. Less is...

We explore how members of a collective pension scheme can share inflation risks in the absence of suitable financial market instruments. Using intergenerational risk sharing arrangements, risks can be allocated better across the various participants of a collective pension scheme than would be...

This paper develops an approach to intergenerational mobility in which the trajectories of parental incomes during childhood and adolescence are the conditioning objects for characterizing dependence across generations. We use functional regression methods to produce an intergenerational...

An individual’s beliefs about whether luck or effort determine how economically successful people are in life (luck/effort beliefs) are central for how she views society. In general, a person who thinks that luck is relatively more important than effort accepts less inequality, wants more...

How does a large structural change to the labor market affect education investments made at young ages? Exploiting differential exposure to the national decline in routine-task intensity across local labor markets, we show that the secular decline in routine tasks causes major shifts in...

We study how the intersection between skin tone and sex shapes intergenerational mobility of economic resources in Mexico. Using two recent social mobility surveys, we estimate the rank persistence and transition matrices by sex combined with skin tone groups. First, we find no differences in...

We show how intergenerational mobility has evolved over time in Sweden and the United States since 1985, focusing on prime-age labor incomes of both men and women. Income persistence involving women (daughters and/or mothers) has risen substantially over recent decades in both Sweden and the US,...

This paper studies how access to public pensions affects old-age support and child investment in traditional societies. Guided by predictions from an overlapping generations model, we analyze the influences of a new pension program in rural People's Republic of China, using a...

I analyze the expansion of higher education and its contribution to social mobility by linking information from 2016 Mexican Social Mobility Survey and the National Educational Information System. The empirical strategy follows a difference-in-differences approach that exploits variation in...

This paper formulates a simple skill and education model to illustrate how better access to higher education can lead to stronger assortative mating on skills of parents and more polarized skill and earnings distributions of children. Swedish data show that in the second half of the 20th century...

This paper examines the identity and origins of Swedish inventors prior to World War I drawing on the universe of patent records linked to census data. We document that the rise of innovation during Sweden's industrialization can largely be attributed to a small industrial elite belonging to the...

We prove that if each generation cares, non-paternalistically, about other generations wellbeing rather than about their choices, and do not curb or otherwise alter future generations choice sets, then backward induction intergenerational choice paths are efficient. This somewhat surprising...

The standard economic model of occupational choice following a basic Roy model emphasizes individual selection and comparative advantage, but the sources of comparative advantage are not well understood. We employ a unique combination of Dutch survey and registry data that links math and...

In this paper, we exploit intergenerationally-linked tax files and Census data to first document the intergenerational income transmission between individuals who immigrated to Canada as children-the 1.5 generation-and their parents. We find that the correlation between parental income rank and...

We introduce and analyze a novel collective defined contribution plan (CDC) which guarantees upon retirement at least a target benefit as a lump sum. The guarantee is provided by the remaining working generations under a pre-determined linear intergenerational risk sharing (IRS) rule. Through a...

I study decentralization of optimal allocations in an endowment OLG economy where private agents face endogenous borrowing constraints. Lenders constrain credit because of limited commitment of borrowers: they can declare bankruptcy and only lose the ability to make savings for retirement in the...

We use administrative data from Norway to examine recent trends in the association between parents' prime age earnings rank and offspring's educational performance rank by age 15/16. We show that the intergenerational correlation between these two ranks has increased over the past decades, and...

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

This paper aims at exploring the dynamics of intergenerational mobility of occupations in 19th-century Italy, by investigating the relationship between social mobility and industrialization at its very early stages. In this endeavor, we draw upon individual-level occupational data from marriage...

Using an overlapping generations model, two new indicators of public pension system sustainability are proposed: the pension space, which measures the capacity to pay for pension expenditures out of labour taxation, and the pension space exhaustion probability reflecting demographic...

Exposure to childhood poverty increases the likelihood of adult poverty. However, past research offers conflicting accounts of cross-national variation in the strength of the intergenerational persistence of poverty and the mechanisms through which it is channeled. This study investigates...

Research on the economics of beauty has persistently emphasized beauty premiums in the labor market but ignored its influence within existing marriages. We examine the physical appearance of the wives and its influence on several post-marriage family outcomes using a conceptual framework that is...

How does a large structural change to the labor market affect education investments made at young ages? Exploiting differential exposure to the national decline in routine-task intensity across local labor markets, we show that the secular decline in routine tasks causes major shifts in...

A ban on migration from Suriname, a former Dutch colony, to the Netherlands induced a mass migration and changed the selection of migrants. We exploit this historical episode to study the relationship between the self-selection of migrants and their long-term economic integration over three...

We estimate health associations across generations and dynasties using information on healthcare visits from administrative data for the entire Norwegian population. A parental mental health diagnosis is associated with a 9.3 percentage point (40%) higher probability of a mental health diagnosis...

We estimate the transmission of higher education across generations using the arrival of the Pinochet dictatorship to Chile in 1973 as natural experiment. Pinochet promoted a large contraction in the number of seats available for new students across all universities. Using census data, we find...