Book ChapterDOI
Intergenerational Mobility in the Labor Market
TLDR
The authors summarizes what has been learned from recent research on intergenerational transmission of earnings status, using a simple theoretical model to highlight several key concepts, and discusses the connections among three related empirical literatures: on sibling correlations in earnings, on the intragenerational elasticity of offspring's earnings with respect to parents' earnings or income, and on neighborhood effects.Abstract:
This chapter summarizes what has been learned from recent research on intergenerational transmission of earnings status. The chapter begins by using a simple theoretical model to highlight several key concepts. Then it reviews (and discusses the connections among) three related empirical literatures: on sibling correlations in earnings, on the intergenerational elasticity of offspring’s earnings with respect to parents’ earnings or income, and on neighborhood effects. © 1999 Elsevier Science B.V. All rights reserved.read more
Citations
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Journal ArticleDOI
Where is the Land of Opportunity? The Geography of Intergenerational Mobility in the United States*
TL;DR: In this article, the authors use administrative records on the incomes of more than 40 million children and their parents to describe three features of intergenerational mobility in the United States: the joint distribution of parent and child income at the national level, the conditional expectation of child income given parent income, and the factors correlated with upward mobility.
Posted Content
Human Capital Development Before Age Five
TL;DR: The authors survey recent work which shows that events before five years old can have large long-term impacts on adult outcomes and provide a brief overview of evidence regarding the effectiveness of different types of policies to provide remediation.
Journal ArticleDOI
The Inheritance of Inequality
Samuel Bowles,Herbert Gintis +1 more
TL;DR: In this article, the causal mechanisms that underlie the intergenerational transmission of economic status are investigated and the mechanisms are shown to be amenable to public policies in a way that would make the attainment of economic success more fair.
Book ChapterDOI
Human Capital Development Before Age Five
Douglas Almond,Janet Currie +1 more
TL;DR: The authors survey recent work which shows that events before five years old can have large long term impacts on adult outcomes, and provide a brief overview of evidence regarding the effectiveness of different types of policies to provide remediation.
Posted Content
Why the apple doesn't fall far: understanding intergenerational transmission of human capital
TL;DR: In this article, the authors used the reform of the education system that was implemented in different municipalities at different times in the 1960s as an instrument for parental education, and found little evidence of a causal relationship between parents' education and children's education, despite significant OLS relationships.
References
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Journal ArticleDOI
The truly disadvantaged : the inner city, the underclass, and public policy
TL;DR: Wilson's "The Truly Disadvantaged" as mentioned in this paper was one of the sixteen best books of 1987 and won the 1988 C. Wright Mills Award of the Society for the Study of Social Problems.
Journal ArticleDOI
The bell curve : intelligence and class structure in American life
TL;DR: In this paper, the authors discuss the evolution of cognitive class and education in the United States and the role of race and ethnicity in cognitive ability in the development of cognitive ability and the level of American education.
Posted Content
The Economics of Schooling: Production and Efficiency in Public Schools.
TL;DR: In this article, the authors point out that public and professional interest in education is likely to be short-lived, doomed to dissipate as frustration over the inability of policy to improve school practice sets in.
Posted Content
A Theory of the Consumption Function
TL;DR: Friedman as mentioned in this paper proposed a new theory of the consumption function, tested it against extensive statistical J material and suggests some of its significant implications, including the sharp distinction between two concepts of income, measured income, or that which is recorded for a particular period, and permanent income, a longer-period concept in terms of which consumers decide how much to spend and how much they save.
Book
The Constant Flux: A Study of Class Mobility in Industrial Societies
TL;DR: A study of social mobility within the developing class structures of modern industrial societies based on a unique data-set constructed by John Goldthorpe and Robert Erikson is presented in this paper.