Using unique administrative data that link privately held firm owners to rich background information, we provide novel evidence on underage children as firm owners. Ownership occurs at all ages 0--17, with a mean age of 12. Childhood ownership is strongly concentrated among high-income families,...

Income shocks and limited upward mobility can undermine people's well-being and economic prospects. Most cross-country studies on income mobility over people's lives rely on survey data, but small samples limit detailed analysis by socio-demographic group or segment of the distribution. This...

Using Social Security records between 2000 and 2020, we provide a comprehensive analysis of labor earnings inequality and its dynamics over the course of Lithuania’s economic development. Since 2000, there has been a substantial decline in earnings inequality, largely driven by the rapid...

This paper studies intergenerational income mobility using register data for 630,000 Danish children and their parents. We document substantial mobility differences across parents' income levels. Decomposing the mobility estimates shows that for children from low income families,...

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...

How did the US become a land of opportunity? Previous historical research on intergenerational mobility has focused on father-son income correlations, masking the role of mothers. We introduce a new mobility measure that incorporates both parents’ human capital, develop a latent variable...

This study examines the career aspirations of economically disadvantaged Filipino children participating in the Pantawid Pamilyang Pilipino Program (4Ps), the Philippines' flagship conditional cash transfer program. Using data from 9,958 children aged 10 to 25 collected through the Fourth Wave...

The literature on intergenerational mobility for many countries in the world focus on household surveys that capture the education of parents and their children. While they pay particular attention to issues regarding co-residency of fathers and son, they are somewhat weaker in information on...

This paper examines the role of sibling sex composition as a potential explanation of the transmission of parental advantages to the next generation. The presence of a brother affects the family environment and parents' decisions, influencing the siblings' labour market outcomes in the long...

The risk of a worker falling into unemployment represents one of the most important threats to the stability of households' finances - both in terms of lower spending (and hence living standards) and in terms of a greater degree of financial distress (such as the accumulation of unmanageable...

More than 1.5 million staff work for the NHS in England, across a wide range of occupations. Progression within these occupations - for example, from nurse to senior staff nurse - has long been a focus of workforce policy in the NHS. Transitions between broad occupation groups - such as...

We compare wealth taxes and capital gains taxes in a random growth model with idiosyncratic investment risk. At equal tax revenue, wealth taxes generate higher wealth inequality but also higher wealth mobility than capital gains taxes. The mechanism operates through variance: wealth taxes shift...

Aktuelle Transformationsprozesse erzeugen erhebliche Anpassungserfordernisse an den Arbeitsmärkten: Qualifizierung und Weiterbildung sollen dazu beitragen, neu entstehende Qualifikationsanforderungen zu decken, (Fach-)Kräfteengpässe zu entschärfen, Arbeitslosen und Geringqualifizierten Wege...

Using Social Security records between 2000 and 2020, we provide a comprehensive analysis of labor earnings inequality and its dynamics over the course of Lithuania's economic development. Since 2000, there has been a substantial decline in earnings inequality, largely driven by the rapid growth...

Income shocks and limited upward mobility can undermine people's well-being and economic prospects. Most cross-country studies on income mobility over people's lives rely on survey data, but small samples limit detailed analysis by socio-demographic group or segment of the distribution. This...

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...

Skill transferability is essential for occupational mobility and adapting to external shocks, yet detailed data on workers’ skills is often scarce and costly to collect, specially in developing countries. This paper explores whether the American O*NET database, one of the most popular...

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...

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...

Homeownership is far less prevalent in Germany than in most other European countries. This Weekly Report examines the extent to which homeownership in Germany depends on the ownership status of parents and how the association has changed over time. Homeownership rates are significantly lower...

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...

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...

The strong evidence in support of the Great Gatsby Curve (i.e. the negative cross-sectional relationship between intergenerational mobility and inequality) seems to be at odds with the fact that large increases in inequality in the US have not resulted in decreases in mobility. We tackle this...