Arbeitspapier

Intergenerational economic mobility and assortative mating

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% of the covariance between 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, which are larger in Germany than Britain.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 1847

Classification
Wirtschaft
Marriage; Marital Dissolution; Family Structure; Domestic Abuse
Education and Research Institutions: General
Personal Income, Wealth, and Their Distributions
Altruism; Philanthropy; Intergenerational Transfers
Subject
intergenerational links
marriage market
assortative mating
occupational prestige

Event
Geistige Schöpfung
(who)
Ermisch, John
Francesconi, Marco
Siedler, Thomas
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2005

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Ermisch, John
  • Francesconi, Marco
  • Siedler, Thomas
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2005

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