Recent Developments in Intergenerational Mobility

92 Pages Posted: 12 Apr 2010

See all articles by Sandra E. Black

Sandra E. Black

Columbia University; National Bureau of Economic Research (NBER); IZA Institute of Labor Economics; Norwegian School of Economics (NHH) - Department of Economics

Paul J. Devereux

University College Dublin - Department of Economics; IZA Institute of Labor Economics

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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.

Keywords: education, income mobility, income transmission, intergenerational transmission

Suggested Citation

Black, Sandra E. and Devereux, Paul J., Recent Developments in Intergenerational Mobility. IZA Discussion Paper No. 4866, Available at SSRN: https://ssrn.com/abstract=1587559 or http://dx.doi.org/10.2139/ssrn.1587559

Sandra E. Black (Contact Author)

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Paul J. Devereux

University College Dublin - Department of Economics ( email )

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IZA Institute of Labor Economics

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Bonn, D-53072
Germany

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