Dynastic Human Capital, Inequality and Intergenerational Mobility
利用瑞典四代人口数据，研究发现传统父母-子女估计低估了人力资本的长期代际持续性至少三分之一，且大部分持续性由父母一代决定，收养数据表明至少三分之一归因于环境因素。
We estimate long-run intergenerational persistence in human capital using information on outcomes for the extended family: the dynasty. A dataset including the entire Swedish population, linking four generations, allows us to identify parents’ siblings and cousins, their spouses, and spouses’ siblings. Using various human capital measures, we show that traditional parent-child estimates underestimate long-run intergenerational persistence by at least one-third. By adding outcomes for more distant ancestors, we show that almost all of the persistence is captured by the parental generation. Data on adoptees show that at least one- third of long-term persistence is attributed to environmental factors.