The transmission of human capital between generations has been much studied, but most research has focused on what parents pass on to their children. This study creates a much fuller picture of these effects by examining data on four generations of extended families in Sweden. It concludes previous research has very much underestimated the influence … Read more
Dynastic Human Capital, Inequality and Intergenerational Mobility
Trends in Absolute Income Mobility in North America and Europe
This paper looks at trends in social mobility in eight wealthy countries and finds significant differences between them. It compares the real incomes of parents and children born between 1960 and 1987, linking the two generations where possible. Where this is not possible, absolute movements between generations are inferred by combining information on moves up … Read more