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Dynastic inequality compared: Multigenerational mobility in the US, the UK, and Germany

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  • Neidhöfer, Guido
  • Stockhausen, Maximilian

Abstract

Using harmonized household survey data, we analyse long run social mobility in the US, the UK, and Germany and test recent theories of multigenerational persistence of socio-economic status. In this country comparison setting we find evidence against Gregory Clark's "universal law of social mobility". In general, our results show that the long run persistence of socio-economic status tends to vary with the institutional context. Our findings on the existence of a direct and independent effect of grandparents' social status on grandchildren's status are mixed.

Suggested Citation

  • Neidhöfer, Guido & Stockhausen, Maximilian, 2016. "Dynastic inequality compared: Multigenerational mobility in the US, the UK, and Germany," Discussion Papers 2016/22, Free University Berlin, School of Business & Economics.
  • Handle: RePEc:zbw:fubsbe:201622
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    File URL: https://www.econstor.eu/bitstream/10419/148300/1/870606824.pdf
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    References listed on IDEAS

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    1. Barro, Robert J. & Lee, Jong Wha, 2013. "A new data set of educational attainment in the world, 1950–2010," Journal of Development Economics, Elsevier, vol. 104(C), pages 184-198.
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    Cited by:

    1. Neidhöfer, Guido, 2016. "Intergenerational mobility and the rise and fall of inequality: Lessons from Latin America," Discussion Papers 2016/3, Free University Berlin, School of Business & Economics.
    2. Colagrossi, Marco & d'Hombres, Beatrice & Schnepf, Sylke V., 2019. "Like (Grand)Parent, like Child? Multigenerational Mobility across the EU," IZA Discussion Papers 12302, Institute of Labor Economics (IZA).

    More about this item

    Keywords

    dynastic inequality; intergenerational mobility; multigenerational persistence; three generations; grandparental effect;

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion

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