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How Important Is the Family? Evidence from Sibling Correlations in Permanent Earnings in the USA, Germany, and Denmark

Daniel Schnitzlein

EconStor Open Access Articles and Book Chapters, 2014, vol. 27, issue 1, 69-89

Abstract: This paper is the first to analyze the impact of family background on permanent earnings based on sibling correlations in Germany and to provide a cross-country comparison of Germany, Denmark, and USA. The main findings are that family and community background has a stronger influence on permanent earnings in Germany than in Denmark, and a comparable influence is found in USA. This holds true for both male and female siblings. A deeper analysis of Germany shows that family background also plays an important role in explaining variations in family income, wages, education, and risk attitudes.

Keywords: Sibling correlations; Intergenerational mobility; REML; Germany; SOEP (search for similar items in EconPapers)
JEL-codes: D1 D3 J62 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (48)

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https://www.econstor.eu/bitstream/10419/106945/1/S ... How-Important-Is.pdf (application/pdf)

Related works:
Journal Article: How important is the family? Evidence from sibling correlations in permanent earnings in the USA, Germany, and Denmark (2014) Downloads
Working Paper: How Important Is the Family?: Evidence from Sibling Correlations in Permanent Earnings in the US, Germany and Denmark (2011) Downloads
Working Paper: How important is the family? Evidence from sibling correlations in permanent earnings in the US, Germany and Denmark (2011) Downloads
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