Intergenerational Economic Mobility and Assortative Mating

John Ermisch, Marco Francesconi and Thomas Siedler

No 448, Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research

Abstract: We use data from the German Socio-Economic Panel and the British Household Panel Survey to estimate the extent of intergenerational economic mobility in a framework that highlights the role played by assortative mating. We find that assortative mating plays an important role. On average about 40-50 percent of the covariancebetween parents' and own permanent family income can be attributed to the person to whom one is married. This effect is driven by strong spouse correlations in human capital.

Keywords: Intergenerational links; Marriage market; Assortative mating; Occupational prestige (search for similar items in EconPapers)
JEL-codes: D31 D64 I20 J12 (search for similar items in EconPapers)
Pages: 30 p.
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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Related works:
Working Paper: Intergenerational Economic Mobility and Assortative Mating (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:diw:diwwpp:dp448

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