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The Transmission of Inequality Across Multiple Generations : Testing Recent Theories with Evidence from Germany

Title data

Braun, Sebastian Till ; Stuhler, Jan:
The Transmission of Inequality Across Multiple Generations : Testing Recent Theories with Evidence from Germany.
In: Economic Journal. Vol. 128 (March 2018) Issue 609 . - pp. 576-611.
ISSN 1468-0297
DOI: https://doi.org/10.1111/ecoj.12453

Project information

Project financing: Fritz Thyssen Stiftung für Wissenschaftsförderung

Abstract in another language

This article shows that across multiple generations, the persistence of occupational and educational attainment in Germany is larger than estimates from two generations suggest. We consider two recent interpretations. First, we assess Gregory Clark's hypotheses that the true rate of intergenerational persistence is higher than the observed rate, as high as 0.75, and time‐invariant. Our evidence supports the first but not the other two hypotheses. Second, we test for independent effects of grandparents. We show that the coefficient on grandparent status is positive in a wide class of Markovian models and present evidence against its causal interpretation.

Further data

Item Type: Article in a journal
Refereed: Yes
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VII: Quantitative Economic History
Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics
Result of work at the UBT: No
DDC Subjects: 300 Social sciences > 330 Economics
Date Deposited: 27 Jun 2018 08:31
Last Modified: 26 Jul 2018 08:52
URI: https://eref.uni-bayreuth.de/id/eprint/44744