Intergenerational talent transmission, inequality, and social mobility

Research, Preprint OPEN
Napel, Stefan ; Schneider, Andrea (2006)
  • Publisher: Hamburg: Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre
  • Subject: Intergenerational mobility | D31 | J62 | Intergenerational mobility; Inequality; Occupational choice; History- dependence | E25 | I21 | J24 | Inequality | O15 | Historydependence | Occupational choice | D91
    • jel: jel:D31 | jel:E25 | jel:I21 | jel:J62 | jel:D91 | jel:O15 | jel:J24
      ddc: ddc:330

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.
Share - Bookmark