New Directions in Measuring Intergenerational Mobility: Introduction

Güell, Maia; Mora, José V. Rodrı́guez; Solon, Gary

doi:10.1111/ecoj.12607

Cited by 17 publications

(9 citation statements)

References 21 publications

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“…4 Third, our study provides a novel perspective on the strength of assortative matching, which is an important determinant of intergenerational persistence (Ermisch, Francesconi and Siedler, 2006) and inequality (Fernández and Rogerson, 2001). The literature fo-3 See Chetty et al (2014), Güell, Rodríguez Mora and Solon (2018) and Solon (2018), among others. 4 It is also consistent with recent studies of relatives in the horizontal dimension.…”

Section: Introductionmentioning

confidence: 94%

Estimating Intergenerational and Assortative Processes in Extended Family Data

Collado

Ortuño‐Ortín

Stuhler

2022

The Review of Economic Studies

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We quantify intergenerational and assortative processes by comparing different degrees of kinship within the same generation. This “horizontal” approach yields more, and more distant kinship moments than traditional methods, which allows us to account for the transmission of latent advantages in a detailed intergenerational model. Using Swedish registers, we find strong persistence in the latent determinants of status, and a striking degree of sorting – to explain the similarity of distant kins, assortative matching must be much stronger than previously thought. Latent genetic influences explain little of the variance in educational attainment, and sorting occurs primarily in non-genetic factors.

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Section: Introductionmentioning

confidence: 94%

Estimating Intergenerational and Assortative Processes in Extended Family Data

Collado

Ortuño‐Ortín

Stuhler

2022

The Review of Economic Studies

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“…Studies for the US also suggest there is a strong intergenerational transmission of wealth (Charles and Hurst, 2003). The magnitude of this relationship is generally larger than for studies based on Scandinavian data (see inter‐alia Gale and Scholz, 1994; Pfeffer and Killewald, 2018; Güell et al ., 2018). Bloise and Raitano (2019) summarize international findings and note the substantial data differences across existing research.…”

Section: Literaturementioning

confidence: 99%

Intergenerational wealth transmission in Great Britain

Kanabar

Gregg

2022

Review of Income and Wealth

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Highlights• We show there is a strong intergenerational relationship between parent and offspring wealth: with in the region of 35% of wealth differences in the parent generation pass onto their offspring.• We document the importance of housing and pension wealth across different cohorts in Great Britain. Importantly, from an intergenerational perspective we find there is an important distinction between not having and having such sources of wealth and conditional on having, the level.• The patterns of intergenerational wealth persistence is changing rapidly: wealth inequalities by family origin are widening in Great Britain in excess of 1 per cent every two years. The magnitude of this change is simply staggering and has profound implications for living standards inequalities in the future.• Younger cohorts born 1968 onwards have higher levels of cross-generational persistence in wealth than those aged in their 60s. Moreover, evidence suggests there is far higher wealth persistence than for people who were at the same age just 6 years previously. We predict a IWE of 0.44 for those in their 30s in 2018 compared to 0.3 for those in their 60s in 2012. An extremely dramatic shift. •We show that this is heavily driven through the way it is less common to observe individuals from typical family backgrounds to feature higher up the wealth distribution in the younger cohorts. By contrast the situation at the bottom of the wealth distribution is not changing very rapidly. hy does this matter?Progress 8 is used to hold schools to account and to support parental school choice. Consequently, the design and communication of Progress 8 has realworld consequences for schools and students. Why does this matter?Our results show that younger cohorts are likely to exhibit far higher levels of wealth inequality at retirement, compared to those observed today. The rate at which wealth transmission is rising is staggering -more than 1.2 percentage points every two years later a person is born, this has profound implications for current and future living standards.

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“…Social status is a dynamic construct and may change across time (Havighurst, 1971; Robertson & Weiss, 2017), which people will experience social status gain or loss (Weiss & Kunzmann, 2020). The current literature on social mobility has mostly focused on intergenerational or migrant mobility (Chen et al, 2021; Dolan & Lordan, 2021; Güell et al, 2018; Lu, 2021), such as absolute/relative income mobility. One recent review by Edith Chen et al pointed out that upward mobility was related to a trade‐off, whereby individuals achieve financial success, good mental health and other positive life outcomes but are more likely to have poor physical health (Chen et al, 2021).…”

Section: Distinguishing Subjective Social Status (Sss) From Objective...mentioning

confidence: 99%

The dynamic relationship between subjective social status and health: Evidence from a Chinese cohort study

Wang

Ding

et al. 2022

British J Health Psychol

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Using nationally representative longitudinal data from 2010 to 2018 in China, this study systematically investigates the relationship between Subjective Social Status (SSS) and health (physical health and mental health) in the Chinese adult population. Methods: By applying between-within model, we disentangle the relationship between health outcomes and:(1) between-individual differences in SSS and (2) withinindividual variations of SSS across time. In addition, to explore SSS mobility and trajectory, we further decomposed SSS into lagged SSS and the change between the current and lagged SSS (mobility). Results: We find that there is significantly positive and unique relationship (independent of Objective Social Status (OSS)) between SSS and physical and mental health.However, for physical health, we observed an Inverse-U effect of average SSS, after some point (SSS = 3.93), higher average SSS is associated with a score decrease. Through heterogeneity analysis, we find that for physical health, within-and between-effects decreases with age and for mental health, the within effect is only significant among the urban population. Individuals with high expected mobility are also found to have significantly better health. Conclusions: These findings show that the personal relative deprivation has negative, particularly salient and unique

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New Directions in Measuring Intergenerational Mobility: Introduction

Cited by 17 publications

References 21 publications

Estimating Intergenerational and Assortative Processes in Extended Family Data

Estimating Intergenerational and Assortative Processes in Extended Family Data

Intergenerational wealth transmission in Great Britain

The dynamic relationship between subjective social status and health: Evidence from a Chinese cohort study

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