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How important is the family? Evidence from sibling correlations in permanent earnings in the USA, Germany, and Denmark

  • Daniel Schnitzlein

    ()

This paper is the first to analyze the impact of family background on permanent earnings based on sibling correlations in Germany and to provide a cross-country comparison of Germany, Denmark, and USA. The main findings are that family and community background has a stronger influence on permanent earnings in Germany than in Denmark, and a comparable influence is found in USA. This holds true for both male and female siblings. A deeper analysis of Germany shows that family background also plays an important role in explaining variations in family income, wages, education, and risk attitudes. Copyright Springer-Verlag Berlin Heidelberg 2014

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File URL: http://hdl.handle.net/10.1007/s00148-013-0468-6
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Article provided by Springer in its journal Journal of Population Economics.

Volume (Year): 27 (2014)
Issue (Month): 1 (January)
Pages: 69-89

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Handle: RePEc:spr:jopoec:v:27:y:2014:i:1:p:69-89
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