Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/33988 
Year of Publication: 
2007
Series/Report no.: 
IZA Discussion Papers No. 2554
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
We analyse in detail the factors that lead to intergenerational persistence among sons, where this is measured as the association between childhood family income and later adult earnings. We seek to account for the level of income persistence in the 1970 BCS cohort and also to explore the decline in mobility in the UK between the 1958 NCDS cohort and the 1970 cohort. The mediating factors considered are cognitive skills, noncognitive traits, educational attainment and labour market attachment. Changes in the relationships between these variables, parental income and earnings are able to explain over 80% of the rise in intergenerational persistence across the cohorts.
Document Type: 
Working Paper

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