Accounting for Intergenerational Income Persistence: Noncognitive Skills, Ability and Education
分析了1970年英国出生队列中童年家庭收入与成年收入之间的代际持续性,发现认知技能、非认知特质、教育程度和劳动力市场参与等因素的变化能解释超过80%的代际持续性上升。
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.