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- Faculty Publications (3)
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- All HBS Web (10)
- Faculty Publications (3)
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- 2015
- Working Paper
A Theory of Intergenerational Mobility
By: Gary Becker, Scott Duke Kominers, Kevin Murphy and Jorg L. Spenkuch
We develop a model of intergenerational resource transmission that emphasizes the link between cross-sectional inequality and intergenerational mobility. By drawing on first principles of human capital theory, we derive several novel results. In particular, we show...
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Keywords:
Intergenerational Mobility;
Inequality;
Complementarities;
Human Capital;
Equality and Inequality;
Income;
Family and Family Relationships
Becker, Gary, Scott Duke Kominers, Kevin Murphy, and Jorg L. Spenkuch. "A Theory of Intergenerational Mobility." Working Paper, August 2015.
- October 2018
- Article
A Theory of Intergenerational Mobility
By: Gary Becker, Scott Duke Kominers, Kevin Murphy and Jorg L. Spenkuch
We develop a model of intergenerational resource transmission that emphasizes the link between cross-sectional inequality and intergenerational mobility. By drawing on first principles of human capital theory, we derive several novel results. In particular, we show...
View Details
Keywords:
Intergenerational Mobility;
Inequality;
Complementarities;
Equality and Inequality;
Human Capital;
Income;
Family and Family Relationships
Becker, Gary, Scott Duke Kominers, Kevin Murphy, and Jorg L. Spenkuch. "A Theory of Intergenerational Mobility." Journal of Political Economy 126, no. S1 (October 2018): S7–S25.
- 2022
- Working Paper
Investing in the Next Generation: The Long-Run Impacts of a Liquidity Shock
By: Patrick Agte, Arielle Bernhardt, Erica M. Field, Rohini Pande and Natalia Rigol
How do poor entrepreneurs trade off investments in business enterprises versus children's human capital, and how do these choices influence intergenerational socio-economic mobility? To examine this, we exploit experimental variation in household income resulting from...
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Keywords:
Socio-economic Mobility;
Household;
Financial Liquidity;
Human Capital;
Investment;
Education
Agte, Patrick, Arielle Bernhardt, Erica M. Field, Rohini Pande, and Natalia Rigol. "Investing in the Next Generation: The Long-Run Impacts of a Liquidity Shock." NBER Working Paper Series, No. 29816, March 2022.
- 09 Aug 2021
- Research & Ideas
OneTen: Creating a New Pathway for Black Talent
significant role in your success as an adult. In fact, parents’ incomes strongly correlate with their children’s future earnings in the US. The higher the correlation, the lower the degree of intergenerational wealth transfer—or, to use a...
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- 22 May 2018
- First Look
New Research and Ideas, May 22, 2018
incumbents do not achieve this objective because they encourage the survival and expansion of low-type firms. Publisher's link: https://pubwww.hbs.edu/faculty/Pages/item.aspx?num=54520 forthcoming Journal of Political Economy A Theory of View Details
Keywords:
Dina Gerdeman
- 20 Jun 2017
- First Look
First Look at New Research and Ideas, June 20
uncover in the data. We show that inventors were highly educated and that father’s income and education were important intergenerational transmission channels. Inventors tended to migrate to places that were conducive to innovation, and...
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Keywords:
Sean Silverthorne