Accounting for Intergenerational Income Persistence : Noncognitive Skills, Ability and Education  

Oleh:

Blanden, Jo ; Gregg, Paul ; Macmillan, Lindsey

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 117 no. 519 (Mar. 2007), page C43-C60.
Topik: ACCOUNTING; accounting; intergenerational; income persistence; noncognitive skills; ability; education
Fulltext: C43.pdf (489.67KB)

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: EE28.25 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

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, non - cognitive 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.

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