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...

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 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 study investigates the key drivers behind the wealth accumulation of America's 100 richest self-made billionaires, using data from the Forbes 400 list. Focusing on five individual and contextual factors - education, innovation, networks, inheritance, and geographic origins - the research...

We compare inequality and social mobility trends in Eastern European countries exposed to Soviet Communist (SC) regimes with those not exposed, using similar welfare measures. We draw upon a rich retrospective dataset that collects relevant welfare measures across regimes including information...

We compare inequality and social mobility trends in European countries We compare inequality and social mobility trends in European countries exposed to Soviet Communist (SC) regimes with those not exposed, using similar welfare mea-sures. We draw upon a rich retrospective dataset that collects...

Comparing mobility is an important but controversial issue. In this paper, we argue that in a specific and relevant case, there exists a univocal and non-controversial definition of greater (exchange) mobility that allows for unambiguous comparisons. We conducted a questionnaire experiment to...

Inequality and social mobility in India are longstanding social issues. We document patterns of absolute inequality, relative inequality and social mobility for India as a whole as well as for Indian states grouped by level of development. The analysis uses easy to understand indexes constructed...

In this paper we estimate social mobility rates, free of measurement errors, using register data for Denmark and Sweden, 1968 to 2021. To correct for measurement error attenuation, we take ratios of the correlation of relatives at different locations in family trees, such as cousins relative to...

In many countries, subsidies towards higher education and financial aid to students from poorer backgrounds have reduced socio-economic status (SES) gaps in undergraduate study. The increasing importance of graduate studies that are typically more expensive may, however, provide a new avenue for...

This paper is the first to show that intergenerational income mobility in Germany has decreased over time. We provide estimates of intergenerational persistence for the birth cohorts 1968-1987 and document that the rank-rank slope rises sharply for cohorts born in the late 1970s and early 1980s,...

In this paper, we present comprehensive evidence on intergenerational mobility in Mozambique- the country with the lowest documented level of mobility worldwide-and investigate its relationship with child labour. Using survey data that include a module on non-co-resident adult children, we...

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...

In today's world where growth and capital accumulation are the norm, many people still adhere to zero-sum thinking, the belief that gains for one party can only come at the expense of another party. The perception of economic exchange as zero-sum can lead to excessive competition and...

The aim of this research was to evaluate the impact of the financial aid programme at a private university in Venezuela on the outcome variables of post-graduation or social mobility, such as remuneration at the time of graduation and at present, and the probability of entering the labour...

Intergenerational education mobility is a key dimension of social mobility and explores the extent to which educational attainment is transmitted across generations within a society. The implications of low education mobility concern both equity (everyone should have the same opportunities) and...

In India, fluency in English remains a status symbol for the wealthy and educated middle class, while creating a divide between those who have strong English language skills and those who do not. This study deploys a correspondence experiment conducted on a matrimonial website, to examine...

Can lowering school starting age promote equality of opportunities and reduce the achievement gaps between pupils? We provide evidence on the heterogeneous (positional) effects on early school performance of two mandatory schooling reforms in Norway specifically aimed at reducing achievement...

Concerns about widening inequality have increased attention on the topic of equality of opportunities and intergenerational mobility. We use data from the National Longitudinal Survey of Youth to analyse how educational and income mobility has evolved in the United States of America. We show...

Social stratification is interested in unequal life chances and assumes the existence of a hierarchy of more or less advantageous occupations. Yet occupations are not easily translated into a linear hierarchical measure. Influential scales combine multiple indicators and lack intuitive...

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...

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,...

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...

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...

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...

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...

This paper examines the geography of intergenerational income mobility in South Africa across districts and metropolitan municipalities as well as historically disadvantaged former-homelands. South Africa's high inequality has a geographical dimension (spatial inequality), shaped by a long...

This paper examines whether Ghana's education reforms have increased intergenerational education mobility. Using the newly constructed Ghana Education and Labour Series-a harmonized dataset combining multiple rounds of the Ghana Living Standards Survey-we track intergenerational education...