Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/331710 
Authors: 
Year of Publication: 
2025
Series/Report no.: 
IZA Discussion Papers No. 18146
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
A growing literature provides evidence on multigenerational inequality – the extent to which socio-economic advantages persist across three or more generations. This chapter reviews its main findings and implications. Most studies find that inequality is more persistent than a naive iteration of conventional parent-child correlations would suggest. We discuss potential interpretations of this new "fact" related to (i) latent, (ii) non-Markovian or (iii) non-linear transmission processes, empirical strategies to discriminate between them, and the link between multigenerational and assortative associations.
Subjects: 
multigenerational inequality
assortative mating
distant kins
JEL: 
J62
J12
Document Type: 
Working Paper

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