Intergenerational mobility in the very long run:
Intergenerational mobility in the very long run:
复制标题
从长远来看，代际流动性：
DOI：
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发表时间：
2015
期刊：
影响因子：
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通讯作者：
N. Tomes
中科院分区：
文献类型：
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作者：
Florence;Guglielmo Barone;S. Mocetti;Marta de Philippis;R. Giannetti;Paul Gregg;José V. Rodriguez;N. Tomes
We examine intergenerational mobility in the very long run, across generations that are six centuries apart. We exploit a unique dataset containing detailed information at the individual level for all people living in the Italian city of Florence in 1427. These individuals have been associated, using their surnames, with their pseudo-descendants living in Florence in 2011. We find that long run earnings elasticity is about 0.04; we also find an even stronger role for real wealth inheritance and evidence of persistence in belonging to certain elite professions. Our results are confirmed when we account for the quality of the pseudo-links and when we address the potential selectivity bias due to the differential survival rates across families. We argue that the quasi-immobility of pre-industrial society and the positional advantages in the access to certain professions might explain (in part) the long-lasting effects of ancestors’ socioeconomic status.
