Why Do Wealthy Parents Have Wealthy Children?
Why Do Wealthy Parents Have Wealthy Children?
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DOI：
10.1086/712446
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发表时间：
2021-03-01
影响因子：
8.2
通讯作者：
Ronning, Marte
中科院分区：
文献类型：
--
作者：
Fagereng, Andreas;Mogstad, Magne;Ronning, Marte
我们表明，即使消除了儿童与抚养他们的父母之间的遗传联系，家庭背景对儿童成年后的财富积累和投资者行为也具有重要影响。通过将在婴儿期被挪威父母收养的韩国出生的儿童与包含财富和社会经济特征详细信息的人口面板数据集联系起来，使这项分析成为可能。这些韩裔挪威被收养者被分配到收养家庭的机制是众所周知的，而且实际上是随机的。这种机制使我们能够估计被收养者在一种类型的家庭中长大与在另一种类型的家庭中长大的因果影响。
We show that family background matters significantly for children's accumulation of wealth and investor behavior as adults, even when removing the genetic connection between children and the parents raising them. The analysis is made possible by linking Korean-born children who were adopted at infancy by Norwegian parents to a population panel data set with detailed information on wealth and socioeconomic characteristics. The mechanism by which these Korean-Norwegian adoptees were assigned to adoptive families is known and effectively random. This mechanism allows us to estimate the causal effects from an adoptee being raised in one type of family versus another.