Accounting for Intergenerational Income Persistence: Non-Cognitive Skills, Ability and Education
AbstractWe 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.
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Bibliographic InfoPaper provided by Centre for the Economics of Education, LSE in its series CEE Discussion Papers with number 0073.
Date of creation: Sep 2006
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Intergenerational mobility; children; skills;
Other versions of this item:
- Jo Blanden & Paul Gregg & Lindsey Macmillan, 2007. "Accounting for Intergenerational Income Persistence: Noncognitive Skills, Ability and Education," Economic Journal, Royal Economic Society, vol. 117(519), pages C43-C60, 03.
- Blanden, Jo & Gregg, Paul & Macmillan, Lindsey, 2007. "Accounting for Intergenerational Income Persistence: Noncognitive Skills, Ability and Education," IZA Discussion Papers 2554, Institute for the Study of Labor (IZA).
- Jo Blanden & Paul Gregg & Lindsey MacMillan, 2007. "Accounting for Intergenerational Income Persistence: Noncognitive Skills, Ability and Education," School of Economics Discussion Papers 0307, School of Economics, University of Surrey.
- J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
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- Janet Currie & Mark Stabile, 2004.
"Child Mental Health and Human Capital Accumulation: The Case of ADHD,"
NBER Working Papers
10435, National Bureau of Economic Research, Inc.
- Currie, Janet & Stabile, Mark, 2006. "Child mental health and human capital accumulation: The case of ADHD," Journal of Health Economics, Elsevier, vol. 25(6), pages 1094-1118, November.
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