TY - JOUR AU - Solon,Gary AU - Corcoran,Mary AU - Gordon,Roger H. AU - Laren,Deborah TI - The Effect of Family Background on Economic Status: A Longitudinal Analysis of Sibling Correlations JF - National Bureau of Economic Research Working Paper Series VL - No. 2282 PY - 1987 Y2 - June 1987 UR - http://www.nber.org/papers/w2282 L1 - http://www.nber.org/papers/w2282.pdf N1 - Author contact info: Gary Solon Department of Economics Michigan State University East Lansing, MI 48824-1038 Tel: 517/353-9933 Fax: 517/432-1068 E-Mail: solon@msu.edu Mary Corcoran Roger H. Gordon Department of Economics 0508 University of California, San Diego 9500 Gilman Drive, Dept. 0508 La Jolla, CA 92093 Tel: 858/534-4828 Fax: 858/534-7040 E-Mail: rogordon@ucsd.edu AB - Numerous previous studies have used sibling correlations to measure the importance of family background as a determinant of economic status. These studies. however. have been biased by several flaws: failure to separate permanent from transitory status variation (including that from measurement error). failure to account for life-cycle stage. and overly homogeneous samples. This paper presents a methodology to address these problems and applies it to longitudinal data from the Panel Study of Income Dynamics. Our main conclusion is that family background appears to exert greater influence on economic status than has been indicated by earlier research. ER -