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How Important Is the Family? Evidence from Sibling Correlations in Permanent Earnings in the USA, Germany, and Denmark

Referierte Aufsätze Web of Science

Daniel D. Schnitzlein

In: Journal of Population Economics 27 (2014), 1, S. 69-89

Abstract

This paper is the first to analyze the impact of family background on permanent earnings based on sibling correlations in Germany and to provide a cross-country comparison of Germany, Denmark, and USA. The main findings are that family and community background has a stronger influence on permanent earnings in Germany than in Denmark, and a comparable influence is found in USA. This holds true for both male and female siblings. A deeper analysis of Germany shows that family background also plays an important role in explaining variations in family income, wages, education, and risk attitudes.



JEL-Classification: D1;D3;J62
Keywords: Sibling correlations, Intergenerational mobility, REML, Germany, SOEP
DOI:
http://dx.doi.org/10.1007/s00148-013-0468-6

Frei zugängliche Version: (econstor)
http://hdl.handle.net/10419/106945

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