Arbeitspapier

Dynastic Human Capital, Inequality and Intergenerational Mobility

We study the importance of the extended family – the dynasty – for the persistence in inequality across generations. We use data including the entire Swedish population, linking four generations. This data structure enables us to identify parents' siblings and cousins, their spouses, and the spouses' siblings. Using various human capital measures, we show that traditional parent-child estimates of intergenerational persistence miss almost one-third of the persistence found at the dynasty level. To assess the importance of genetic links, we use a sample of adoptees. We then find that the importance of the extended family relative to the parents increases.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 12300

Classification
Wirtschaft
Education and Inequality
Job, Occupational, and Intergenerational Mobility; Promotion
Subject
intergenerational mobility
extended family
dynasty
human capital

Event
Geistige Schöpfung
(who)
Adermon, Adrian
Lindahl, Mikael
Palme, Mårten
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2019

Handle
Last update
20.09.2024, 8:24 AM CEST

Data provider

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Object type

  • Arbeitspapier

Associated

  • Adermon, Adrian
  • Lindahl, Mikael
  • Palme, Mårten
  • Institute of Labor Economics (IZA)

Time of origin

  • 2019

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