Article

Intergenerational Income Mobility and the Role of Family Background

Anders Björklund and Markus Jäntti

in The Oxford Handbook of Economic Inequality

Published in print February 2011 | ISBN: 9780199606061
Published online September 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780199606061.013.0020

Series: Oxford Handbooks in Economics

 Intergenerational Income Mobility and the Role of Family Background

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This article deals with the transmission of economic inequality from one generation to the next. Section 2 presents a theoretical discussion of the mechanisms that may explain the associations between income and family background. Section 3 discusses the income concepts used in this research. Section 4 explains the measures used to describe family associations in income while Section 5 offers a cross-national overview of recent estimates of family associations. Section 6 presents evidence on whether parental income has a causal impact on offspring. In Section 7 we report results from a variety of approaches to uncover what underlies associations between income and family background. Section 8 concludes and offers some advice for future research.

Keywords: economic inequality; family associations; income; family background; parental income

Article.  12502 words. 

Subjects: Economics ; Labour and Demographic Economics ; Health, Education, and Welfare

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