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Intergenerational dependence in education and income

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  • Paul Johnson

Abstract

This paper takes up Goldberger's suggestion to investigate the links across generations using nonmonetary measures of status. It is found that the links in educational attainment are somewhat stronger than, and statistically significant from, those in income even if the income data are adjusted for measurement errors. This result accords well with the theoretical work of Galor and Zeira and others which emphasizes the role of market imperfections in human capital accumulation persistence.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics Letters.

Volume (Year): 9 (2002)
Issue (Month): 3 ()
Pages: 159-162

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Handle: RePEc:taf:apeclt:v:9:y:2002:i:3:p:159-162

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  1. Goldberger, A.S., 1989. "Economic And Mechanical Models Of Intergenerational Transmission," Working papers 374, Wisconsin Madison - Social Systems.
  2. repec:att:wimass:9329 is not listed on IDEAS
  3. Galor, Oded & Zeira, Joseph, 1988. "Income Distribution and Macroeconomics," MPRA Paper 51644, University Library of Munich, Germany, revised 01 Sep 1989.
  4. Bowles, Samuel, 1972. "Schooling and Inequality from Generation to Generation," Journal of Political Economy, University of Chicago Press, vol. 80(3), pages S219-S51, Part II, .
  5. Solon, Gary, 1992. "Intergenerational Income Mobility in the United States," American Economic Review, American Economic Association, vol. 82(3), pages 393-408, June.
  6. Shorrocks, A F, 1976. "Income Mobility and the Markov Assumption," Economic Journal, Royal Economic Society, vol. 86(343), pages 566-78, September.
  7. Shorrocks, A F, 1978. "The Measurement of Mobility," Econometrica, Econometric Society, vol. 46(5), pages 1013-24, September.
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Cited by:
  1. Fleury, Nicolas & Gilles, Fabrice, 2013. "Restructurations industrielles et niveau de diplôme des jeunes générations. Une estimation empirique pour la France
    [Industrial restructuring and level of diploma of young generations. An empiri
    ," MPRA Paper 50685, University Library of Munich, Germany.
  2. Maribel Jimenez & Monica Jimenez, 2009. "La Movilidad Intergeneracional del Ingreso: Evidencia para Argentina," CEDLAS, Working Papers 0084, CEDLAS, Universidad Nacional de La Plata.
  3. Marta Pascual, 2006. "The distribution of income over life: an empirical approach," Applied Economics Letters, Taylor & Francis Journals, vol. 13(7), pages 431-434.
  4. Frenette, Marc, 2005. "Is Post-secondary Access More Equitable in Canada or the United States?," Analytical Studies Branch Research Paper Series 2005244e, Statistics Canada, Analytical Studies Branch.
  5. Jinyoung Hwang & Kun-Oh Jung, 2006. "A cross-country study on income distribution and school enrolment," Applied Economics Letters, Taylor & Francis Journals, vol. 13(11), pages 723-726.
  6. Maribel Jiménez, 2011. "Un Análisis Empírico de las No Linealidades en la Movilidad Intergeneracional del Ingreso. El caso de la Argentina," CEDLAS, Working Papers 0114, CEDLAS, Universidad Nacional de La Plata.

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