Ethnic Capital and Intergenerational Mobility
分析族群技能差异在代际间的传递程度，认为族群环境作为外部性影响人力资本积累，实证发现后代技能不仅取决于父母，还取决于父代族群的平均技能。
This paper analyzes the extent to which ethnic skill differentials are transmitted across generations. I assume that ethnicity acts as an externality in the human capital accumulation process. The skills of the next generation depend on parental inputs and on the quality of the ethnic environment in which parents make their investments, or "ethnic capital." The empirical evidence reveals that the skills of today's generation depend not only on the skills of their parents, but also on the average skills of the ethnic group in the parent's generation.