Arbeitspapier

Intergenerational talent transmission, inequality, and social mobility

The paper investigates the effects of intra-family talent transmission when human capital exhibits indivisibilities and parental financing of education involves borrowing constraints. Positive talent correlation reduces social mobility but steady state inequality and macroeconomic history-dependence are not affected.

Language
Englisch

Bibliographic citation
Series: Diskussionspapier ; No. 52

Classification
Wirtschaft
Economic Development: Human Resources; Human Development; Income Distribution; Migration
Job, Occupational, and Intergenerational Mobility; Promotion
Aggregate Factor Income Distribution
Human Capital; Skills; Occupational Choice; Labor Productivity
Analysis of Education
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Personal Income, Wealth, and Their Distributions
Subject
Intergenerational mobility
Inequality
Occupational choice
Historydependence

Event
Geistige Schöpfung
(who)
Napel, Stefan
Schneider, Andrea
Event
Veröffentlichung
(who)
Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre
(where)
Hamburg
(when)
2006

Handle
URN
urn:nbn:de:gbv:705-opus-16853
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Napel, Stefan
  • Schneider, Andrea
  • Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre

Time of origin

  • 2006

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