Accounting for intergenerational income persistence
Subtitle: noncognitive skills, ability and education
By: by Jo Blanden, Paul Gregg, Lindsey Macmillan.
Contributors: Gregg, Paul.
Series: Discussion paper -- no. 2554; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2554
Publisher: IZA
Published: 2007
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Income -- Great Britain.; Intergenerational relations -- Great Britain.
Description: "We analyse in detail the factors that lead to intergenerational persistence among sons, where this is measured as the association between childhood family income and later adult earnings. We seek to account for the level of income persistence in the 1970 BCS cohort and also to explore the decline in mobility in the UK between the 1958 NCDS cohort and the 1970 cohort. The mediating factors considered are cognitive skills, noncognitive traits, educational attainment and labour market attachment. Changes in the relationships between these variables, parental income and earnings are able to explain over 80% of the rise in intergenerational persistence across the cohorts"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 3/19/2007.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.