Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/80702
Authors: 
Corak, Miles
Year of Publication: 
2013
Series/Report no.: 
IZA Discussion Paper 7520
Abstract: 
Families, labor markets, and public policies all structure a child's opportunities and determine the extent to which adult earnings are related to family background. Cross-country comparisons and the underlying trends suggest that these drivers will most likely lower the degree of intergenerational earnings mobility for the next generation of Americans coming of age in a more polarized labor market, while the substantial rise in the income shares of the top 1 percent, their access to sources of high-quality human capital investment for their children, and the intergenerational transmission of employers and wealth will imply a much higher rate of transmission of economic advantage at the very top.
Subjects: 
inequality
intergenerational mobility
human capital
JEL: 
D31
D63
J62
Document Type: 
Working Paper

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