Det ligger i släkten : familjebakgrundens betydelse för ekonomisk status: It runs in the family. The Importance of Family Background on Economic Status

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    In this article, the importance of family background on economic status for adult men and women is clarified. The empirical estimates are based on a sample from the Finnish population censuses 1970-1995. The analyses show that the earnings correlation between adult children and their parents is relatively low in Finland. The earnings correlations have been constant for those who were born in the 1950s and 1960s. By decomposing the correlation, mechanisms behind the correlation can be found. The welfare state, and the educational system in 58 particular, are of importance for the economic status of children.
    Original languageUndefined/Unknown
    Pages (from-to)45–49
    Number of pages6
    JournalEkonomiska Samfundets Tidskrift
    Issue number1
    Publication statusPublished - 2005
    MoE publication typeA1 Journal article-refereed

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