Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/161384
Authors: 
Bingley, Paul
Cappellari, Lorenzo
Year of Publication: 
2017
Series/Report no.: 
IZA Discussion Papers 10761
Abstract: 
Correlations between parent and child earnings reflect intergenerational mobility and, more broadly, correlations between siblings' earnings reflect shared community and family background. These earnings relationships capture important aspects of relations in socioeconomic status more generally. We estimate intergenerational transmission and sibling correlations of life-cycle earnings jointly within a unified framework that nests previous models. Using data on the Danish population of father/first-son/second-son triads we find that intergenerational effects account for on average 72 percent of sibling correlations. This share is higher than all previous studies because we allow for heterogeneous intergenerational transmission between families. Sibling correlations exhibit a U-shape over the working life, consistent with differences in human capital investments between families.
Subjects: 
sibling correlations
intergenerational transmission
life-cycle earnings
JEL: 
D31
J62
Document Type: 
Working Paper

Files in This Item:
File
Size
417.19 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.