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Journal of Political Economy Vol. 129 No. 3 2021

Intergenerational Mobility and the Timing of Parental Income

Pedro Carneiro1,2,3; Italo López García4; Kjell G. Salvanes3; Emma Tominey5

1 Institute for Fiscal Studies · 2 University College London · 3 Norwegian School of Economics · 4 RAND Corporation · 5 University of York, Human Capital and Economic Opportunity Global Working Group, and Institute for Labor Economics

Abstract

We extend the standard intergenerational mobility literature by examining the relationship between adult outcomes of children and the timing of parental income during their childhood years, using data from Norway. We find first that, conditional on permanent household income, the child’s human capital is higher in households where income is balanced between the early childhood and late childhood years than in households with a more imbalanced income profile. Second, compared to that in the early and late periods of childhood, income in the middle period has relatively low productivity.

DOI
10.1086/712443
Volume
129
Issue
3
Pages
757-788
Language
en
Sources
bibtex:phds-export.bib openalex crossref

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