Arbeitspapier

Family, Community and Life-Cycle Earnings: Evidence from Siblings and Youth Peers

Using longitudinal data based on administrative registers for the population of Danish men we develop a model which accounts for the joint earnings dynamics of siblings and youth community peers. We are the first to decompose the sibling correlation of permanent earnings into family and community effects allowing for life-cycle dynamics; finding that family is the most important factor influencing earnings inequality over the life cycle. Community background explains a substantial share of the sibling correlation of earnings early in the working life, but its importance diminishes over time and becomes negligible after age 30.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 6743

Classification
Wirtschaft
Personal Income, Wealth, and Their Distributions
Job, Occupational, and Intergenerational Mobility; Promotion
Subject
sibling correlation
neighborhoods
schools
long-term inequality

Event
Geistige Schöpfung
(who)
Bingley, Paul
Cappellari, Lorenzo
Tatsiramos, Konstantinos
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2017

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Bingley, Paul
  • Cappellari, Lorenzo
  • Tatsiramos, Konstantinos
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2017

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