Intergenerational Wealth Mobility and the Role of Inheritance: Evidence from Multiple Generations
利用瑞典多代数据，发现父母与子女财富排名相关性为0.3-0.4，祖孙为0.1-0.2，遗产和赠与解释了至少一半的亲子财富关联，而收入和教育的解释力仅四分之一。
This study estimates intergenerational wealth correlations across up to four generations and examines the degree to which the wealth association between parents and children can be explained by inheritances. Using a Swedish data set with newly hand‐collected data on wealth and bequests, we find parent‐child rank correlations of 0.3–0.4 and grandparent–grandchild rank correlations of 0.1–0.2. Bequests and gifts appear to be central in this process, accounting for at least half of the parent–child wealth correlation while earnings and education can account for only a quarter.