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Intergenerational talent transmission, inequality, and social mobility
University of Bayreuth, Department of Economics, Bayreuth, Germany.
Helmut Schmidt University, Department of Economics, Hamburg, Germany.
2008 (English)In: Economics Letters, ISSN 0165-1765, E-ISSN 1873-7374, Vol. 99, no 2, p. 405-409Article in journal (Refereed) Published
Abstract [en]

The paper investigates the effects of intra-family talent transmission when human capital exhibits indivisibilities and parental financing of education involves borrowing constraints. Positive talent correlation reduces social mobility but steady state inequality and macroeconomic history-dependence are not affected. 
Place, publisher, year, edition, pages
Elsevier, 2008. Vol. 99, no 2, p. 405-409
Keywords [en]
History-dependence, Inequality, Intergenerational mobility, Occupational choice
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-46461DOI: 10.1016/j.econlet.2007.09.006ISI: 000256234800051Scopus ID: 2-s2.0-42649140866OAI: oai:DiVA.org:hj-46461DiVA, id: diva2:1357506
Available from: 2019-10-04 Created: 2019-10-04 Last updated: 2019-10-04Bibliographically approved

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Schneider, Andrea

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