Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/18300 
Year of Publication: 
2004
Series/Report no.: 
DIW Discussion Papers No. 448
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
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 percent 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.
Subjects: 
Intergenerational links
marriage market
assortative mating
occupational prestige
JEL: 
I20
D64
J12
D31
Document Type: 
Working Paper

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