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How important is the family? Evidence from sibling correlations in permanent earnings in the USA, Germany, and Denmark.
- Source :
-
Journal of Population Economics . Jan2014, Vol. 27 Issue 1, p69-89. 21p. - Publication Year :
- 2014
-
Abstract
- This paper is the first to analyze the impact of family background on permanent earnings based on sibling correlations in Germany and to provide a cross-country comparison of Germany, Denmark, and USA. The main findings are that family and community background has a stronger influence on permanent earnings in Germany than in Denmark, and a comparable influence is found in USA. This holds true for both male and female siblings. A deeper analysis of Germany shows that family background also plays an important role in explaining variations in family income, wages, education, and risk attitudes. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09331433
- Volume :
- 27
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- Journal of Population Economics
- Publication Type :
- Academic Journal
- Accession number :
- 91716550
- Full Text :
- https://doi.org/10.1007/s00148-013-0468-6