Work

Accounting for Intergenerational Income Persistence: Noncognitive Skills, Ability and Education

Year: 2007

Type: article

Abstract: 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, non‐cognitive 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.

Source: The Economic Journal

DOI: 10.1111/j.1468-0297.2007.02034.x

Authors: Jo Blanden, Paul Gregg, Lindsey Macmillan

Institutions: University of Surrey, London School of Economics and Political Science, University of Bristol

Language: English

Topic: Intergenerational and Educational Inequality Studies

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDG: Reduced inequalities

Open Access status: green

Funders: London School of Economics and Political Science, University of Bristol, University of Surrey