The transmission of inequality across multiple generations: testing recent theories with evidence from Germany

Sebastian Till Braun, Jan Stuhler

    Research output: Contribution to journalArticlepeer-review

    22 Citations (Scopus)

    Abstract

    This paper shows that across multiple generations, the persistence of occupational and educational attainment in Germany is larger than estimates from two generations suggest. We consider two recent interpretations. First, we assess Gregory Clark’s hypotheses that the true rate of intergenerational persistence is higher than the observed rate, as high as 0.75, and time-invariant. Our evidence supports the first but not the other two hypotheses. Second, we test for independent effects of grandparents. We show that the coefficient on grandparent status is positive in a wide class of Markovian models, and present evidence against its causal interpretation.
    Original languageEnglish
    Pages (from-to)576-611
    JournalThe Economic Journal
    Volume128
    Issue number609
    Early online date31 Jul 2017
    DOIs
    Publication statusPublished - 2 Mar 2018

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