Intergenerational Correlations in Labor Market Status: A Comparison of the United States and Germany
AbstractWe use data from the Panel Study of Income Dynamics and the German Socio-economic Panel to calculate comparable measures of intergenerational correlations of earnings, hours, and education in the United States and in Germany. Our results indicate that there is remarkable similarity across the two countries in the correlations of earnings and of annual work hours of fathers and sons. The corresponding correlations for daughters and mothers are stronger in the United States than Germany, most likely due to the greater labor market integration of women in the United States. We also find that intergenerational correlations in educational attainment are considerably stronger in the United States.
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Bibliographic InfoPaper provided by DIW Berlin, German Institute for Economic Research in its series Discussion Papers of DIW Berlin with number 111.
Length: 18 p.
Date of creation: 1995
Date of revision:
Other versions of this item:
- Kenneth A. Couch & Thomas A. Dunn, 1997. "Intergenerational Correlations in Labor Market Status: A Comparison of the United States and Germany," Journal of Human Resources, University of Wisconsin Press, vol. 32(1), pages 210-232.
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