HUMAN-CAPITAL AND THE RISE AND FALL OF FAMILIES
HUMAN-CAPITAL AND THE RISE AND FALL OF FAMILIES
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DOI：
10.1086/298118
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发表时间：
1986-07-01
影响因子：
3.8
通讯作者：
TOMES, N
中科院分区：
文献类型：
--
作者：
BECKER, GS;TOMES, N
本文建立了一个收入、资产和消费从父母到后代传递的模型。该模型假设父母追求效用最大化，他们关心孩子的福利。代际流动性的程度取决于这种效用最大化行为与不同世代的投资和消费机会以及不同类型的运气之间的相互作用。我们考察了不同国家的一些实证研究。富裕国家的平均收入回归速度似乎很快。几乎所有祖先的收入优势或劣势在三代人之后就消失了。
This paper develops a model of the transmission of earnings, assets, and consumption from parents to descendants. The model assumes utility-maximizing parents who are concerned about the welfare of their children. The degree of intergenerational mobility is determined by the interaction of this utility-maximizing behavior with investment and consumption opportunities in different generations and with different kinds of luck. We examine a number of empirical studies for different countries. Regression to the mean in earnings in rich countries appears to be rapid. Almost all the earnings advantages or disadvantages of ancestors are wiped out in three generations.