TY  - RPRT
        AU  - Adermon, Adrian
AU  - Lindahl, Mikael
AU  - Palme, Mårten
        TI  - Dynastic Human Capital, Inequality and Intergenerational Mobility
        PY  - 2019/Apr/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 12300
        UR  - https://www.iza.org/index.php/publications/dp12300
        AB  - We study the importance of the extended family – the dynasty – for the persistence in inequality across generations. We use data including the entire Swedish population, linking four generations. This data structure enables us to identify parents' siblings and cousins, their spouses, and the spouses' siblings. Using various human capital measures, we show that traditional parent-child estimates of intergenerational persistence miss almost one-third of the persistence found at the dynasty level. To assess the importance of genetic links, we use a sample of adoptees. We then find that the importance of the extended family relative to the parents increases.
        KW  - extended family
KW  - intergenerational mobility
KW  - dynasty
KW  - human capital
        ER  -