GARY BECKER’S LEGACY ON INTERGENERATIONAL MOBILITY

Nezih Guner

Journal of Demographic Economics, 2015, vol. 81, issue 1, 33-43

Abstract: How well do parents’ education, earnings, income, and wealth predict the same outcomes for their children? Scientists have been trying to answer this question for a long time. Francis Galton (1822–1911) was the first to apply statistical methods to tackle this question. Centuries earlier, the great Arab scholar Ibn Khaldun (1332–1406) famously observed that the prestige lasted at best four generations in one lineage.

Date: 2015
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