Intergenerational Mobility and the Timing of Parental Income
利用挪威数据，研究了父母收入在儿童不同成长阶段的分布对子女成年后人力资本的影响，发现收入在早期和晚期均衡分布的家庭中子女人力资本更高，而中期收入的生产率较低。
We extend the standard intergenerational mobility literature by examining the relationship between adult outcomes of children and the timing of parental income during their childhood years, using data from Norway. We find first that, conditional on permanent household income, the child’s human capital is higher in households where income is balanced between the early childhood and late childhood years than in households with a more imbalanced income profile. Second, compared to that in the early and late periods of childhood, income in the middle period has relatively low productivity.