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Author Black, Sandra E. ♦ Devereux, Paul J.
Source EconStor
Content type Text
Publisher Institute for the Study of Labor (IZA)
File Format PDF
Language English
Subject Domain (in DDC) Social sciences ♦ Economics
Subject Keyword Education ♦ income mobility ♦ income transmission ♦ intergenerational transmission ♦ Soziale Mobilität ♦ Intergenerational Mobility ♦ Generationenbeziehungen ♦ Familiensoziologie ♦ Einkommen ♦ Bildungsniveau ♦ Job, Occupational, and Intergenerational Mobility; Promotion
Abstract Economists and social scientists have long been interested in intergenerational mobility, and documenting the persistence between parents and children's outcomes has been an active area of research. However, since Gary Solon's 1999 Chapter in the Handbook of Labor Economics, the literature has taken an interesting turn. In addition to focusing on obtaining precise estimates of correlations and elasticities, the literature has placed increased emphasis on the causal mechanisms that underlie this relationship. This chapter describes the developments in the intergenerational transmission literature since the 1999 Handbook Chapter. While there have been some important contributions in terms of measurement of elasticities and correlations, we will focus primarily on advances in our understanding of the forces driving the relationship and less on the precision of the correlations themselves.
Part of series IZA Discussion Papers x4866
Learning Resource Type Article
Publisher Date 2010-01-01
Publisher Place Bonn
Rights Holder http://www.econstor.eu/dspace/Nutzungsbedingungen