This chapter summarizes what has been learned from recent research on intergenerational transmission of earnings status. The chapter begins by using a simple theoretical model to highlight several key concepts. Then it reviews (and discusses the connections among) three related empirical literatures: on sibling correlations in earnings, on the intergenerational elasticity of offspring's earnings with respect to parents' earnings or income, and on neighborhood effects.
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ReDIF This chapter was published in: O. Ashenfelter & D. Card (ed.) Handbook of Labor Economics, , chapter 29, pages 1761-1800, 1999.
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This chapter was published in the following book, which is listed on IDEAS: O. Ashenfelter & D. Card (ed.), 1999.
"Handbook of Labor Economics,"
Handbook of Labor Economics,
Elsevier,
edition 1, volume 3, number 3, September.
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