Theoretical Models of Inequality Transmission across Multiple Generations
Existing theoretical models of intergenerational transmission of socioeconomic status have strong implications for the association of outcomes across multiple generations of a family. These models, however, are highly stylized and do not encompass many plausible avenues for transmission across multiple generations. This paper extends existing models to encompass some of these avenues and draws out empirical implications for the multigenerational persistence of socioeconomic status.
This paper was prepared for the Panel Study of Income Dynamics conference on "Inequality across Multiple Generations," held at the University of Michigan in September 2012. I am grateful for helpful comments from participants at the conference and for generous advice from John Laitner. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.
Research in Social Stratification and Mobility Volume 35, March 2014, Pages 13–18 Inequality Across Multiple Generations Cover image Theoretical models of inequality transmission across multiple generations Gary Solon,