Intergenerational Economic Mobility and Assortative Mating
Abstract
We use data from the German Socio-Economic Panel and the British Household Panel Survey to estimate the extent of intergenerational economic mobility in a framework that highlights the role played by assortative mating. We find that assortative mating plays an important role. On average about 40-50% of the covariance between parents' and own permanent family income can be attributed to the person to whom one is married. This effect is driven by strong spouse correlations in human capital, which are larger in Germany than Britain.Download Info
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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 1847.Length: 36 pages
Date of creation: Nov 2005
Date of revision:
Publication status: published in: Economic Journal, 2006, 116 (513), 659-679
Handle: RePEc:iza:izadps:dp1847
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Related research
Keywords: occupational prestige; marriage market; intergenerational links; assortative mating;Other versions of this item:
- John Ermisch & Marco Francesconi & Thomas Siedler, 2004. "Intergenerational Economic Mobility and Assortative Mating," Discussion Papers of DIW Berlin 448, DIW Berlin, German Institute for Economic Research.
- J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
- I20 - Health, Education, and Welfare - - Education - - - General
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-12-01 (All new papers)
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Marc Piopiunik, 2011. "Microeconometric Analyses of Education Production in Germany," ifo Beiträge zur Wirtschaftsforschung, Ifo Institute for Economic Research at the University of Munich, number 40, March.
- 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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- Holmlund, Helena, 2006.
"Intergenerational Mobility and Assortative Mating. Effects of an Educational Reform,"
Working Paper Series
4/2006, Swedish Institute for Social Research.
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- repec:ese:iserwp:2006-13 is not listed on IDEAS
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