Multigenerational Inequality

Jan Stuhler

No 20666, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: A growing literature provides evidence on multigenerational inequality – the extent to which socio-economic advantages persist across three or more generations. This chapter reviews its main findings and implications. Most studies find that inequality is more persistent than a naive iteration of conventional parent-child correlations would suggest. We discuss potential interpretations of this new “fact†related to (i) latent, (ii) non-Markovian or (iii) non-linear transmission processes, empirical strategies to discriminate between them, and the link between multigenerational and assortative associations.

JEL-codes: J12 J62 (search for similar items in EconPapers)
Date: 2025-09
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