The authors use longitudinal data on children and their parents to assess the extent of intergenerational mobility in Britain. Based on data from the National Child Development Survey, a cohort of all individuals born in a week of March 1958, they find that the extent of intergenerational mobility is limited. The authors report a clear intergenerational correlation between fathers and both sons and daughters in terms of labormarket earnings and years of schooling. They also reveal an important asymmetry in intergenerational earnings mobility, with upward mobility from the bottom of the earnings distribution being more likely than downward mobility from the top. Copyright 1997 by Royal Economic Society.
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Volume (Year): 107 (1997) Issue (Month): 440 (January) Pages: 47-66 Download reference. The following formats are available: HTML
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