Done List


今日杂谈

EC423 Lecture

Decomposition of intergenerational persistence.

Empirical study: IGE estimates

Through which channels is parental income transmitted?

  1. Direct effect
  2. Indirect effect

Björkland, Lindahl, and Plug (2006): The Origins of Intergenerational Associations: Lessons from Swedish Adoption Data

The regression does not identify causal pathways.

The questionable assumption is that whether father’s behavior really doesn’t matter.

  • Earnings: more related to labor
  • Income: more like non-labor income

Parents with higher level of education have children with higher level of education. Why?

  • Selection: ‘type’ of parent has ‘type’ of child.
  • Causation: obtaining more education changes parent ‘type’