Family background and economic status in Finland

    Tutkimustuotos: LehtiartikkeliArtikkeliTieteellinenvertaisarvioitu

    54 Sitaatiot (Scopus)

    Abstrakti

    The importance of family background for economic outcomes is analyzed, using a Finnish data set. The estimates for intergenerational and sibling correlations in earnings are comparatively low. By estimating the magnitude of family influence conditional on parental earnings, children with poor parents are found to have lower intergenerational. elasticities, while the sibling resemblance is higher. Children with rich parents have higher intergenerational elasticities and the sibling resemblance is also higher, except for daughters. The results also indicate that the largest share of the intergenerational correlation is transmitted through observed characteristics, such as education and, in particulars occupation.
    AlkuperäiskieliEi tiedossa
    Sivut467–484
    Sivumäärä18
    JulkaisuScandinavian Journal of Economics
    Vuosikerta103
    Numero3
    TilaJulkaistu - 2001
    OKM-julkaisutyyppiA1 Julkaistu artikkeli, soviteltu

    Keywords

    • correlation in earnings
    • intermediating factors
    • non-linearities

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