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Intergenerational talent transmission, inequality, and social mobility

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Author Info
Napel, Stefan () (University of Hamburg)
Schneider, Andrea () (Helmut Schmidt University, Hamburg)

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Abstract

The paper investigates the effects of intra-family talent transmission when human capital exhibits indivisibilities and parental financing of education involves borrowing constraints. Positive talent correlation reduces social mobility but steady state inequality and macroeconomic history-dependence are not affected.

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File URL: http://www.hsu-hh.de/fgvwl/index_hncTWOR9Qe6nWKOI.html
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Publisher Info
Paper provided by Helmut Schmidt University, Hamburg in its series Working Paper with number 52/2006.

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Length: 18 pages
Date of creation: Oct 2006
Date of revision:
Handle: RePEc:ris:vhsuwp:2006_052

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Related research
Keywords: Intergenerational mobility; Inequality; Occupational choice; History- dependence;

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Find related papers by JEL classification:
D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
D91 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Consumer Choice; Life Cycle Models and Saving
E25 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion
O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

Cited by:
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  1. Ryo Arawatari & Tetsuo Ono, 2009. "Inequality, Mobility and Redistributive Taxation in a Finance-constrained Economy," Discussion Papers in Economics and Business 09-28, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP). [Downloadable!]
Statistics
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This page was last updated on 2009-11-27.

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