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Intergenerational Economic Mobility and Assortative Mating

Ermisch, John and Francesconi, Marco and Siedler, Thomas Intergenerational Economic Mobility and Assortative Mating. [UNSPECIFIED]

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We use data from the German Socio-Economic Panel and the British Household Panel Survey to estimate the extent of intergenerational economic mobility in a framework that highlights the role played by assortative mating. We find that assortative mating plays an important role. On average about 40-50% of the covariance between parents' and own permanent family income can be attributed to the person to whom one is married. This effect is driven by strong spouse correlations in human capital, which are larger in Germany than Britain.

Uncontrolled Keywords: J12, I20, D31, D64, intergenerational links, marriage market, occupational prestige, assortative mating
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 27 Jun 2012 11:39
Last Modified: 17 Aug 2017 18:12

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