Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/33269 
Year of Publication: 
2005
Series/Report no.: 
IZA Discussion Papers No. 1847
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
We use data from the German Socio-Economic Panel and the British Household Panel Survey to estimate the extent of intergenerational economic mobility in a framework that highlights the role played by assortative mating. We find that assortative mating plays an important role. On average about 40-50% of the covariance between parents' and own permanent family income can be attributed to the person to whom one is married. This effect is driven by strong spouse correlations in human capital, which are larger in Germany than Britain.
Subjects: 
intergenerational links
marriage market
assortative mating
occupational prestige
JEL: 
J12
I20
D31
D64
Document Type: 
Working Paper

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