FAMILY, COMMUNITY AND LONG-TERM SOCIO-ECONOMIC INEQUALITY: EVIDENCE FROM SIBLINGS AND YOUTH PEERS

• 成果类型: Article
• 署名作者: Bingley, Paul; Cappellari, Lorenzo; Tatsiramos, Konstantinos
• 署名单位: Catholic University of the Sacred Heart; IZA Institute Labor Economics; University of Luxembourg
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1093/ej/ueaa121
• 发表日期: 2021
• 页码: 1515-1554
• 关键词: life-cycle; intergenerational mobility; brother correlations; personal income; UNITED-STATES; earnings; denmark; INVESTMENT; CHILDREN

摘要

Using administrative data for the population of Danish men and women, we develop an empirical model which accounts for the joint earnings dynamics of siblings and youth community peers. We provide the first decomposition of the sibling correlation of permanent earnings into family and community effects allowing for life-cycle dynamics and extending the analysis to consider other outcomes. We find that family is the most important factor influencing sibling correlations of earnings, education and unemployment. Community background matters for shaping the sibling correlation of earnings and unemployment early in the working life, but its importance quickly diminishes.