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  • This study shows that the multigenerational transmission of inequality in most of the 28 EU countries is higher than what a parent-to-child paradigm would suggest. While a strand of the literature claims that this is due to a direct grandparental effect, economic historian Gregory Clark argues that multigenerational mobility follows a Markovian process. In his view, not only are previous estimates (severely) attenuated by an errors-in-variables problem, but persistence is also constant across time and space. Using a unique retrospective survey containing information on three generations of European citizens, we provide suggestive evidence against such a “universal law of mobility”. While estimates based on measurement error models show that persistence is indeed as strong as Clark suggests, there are cross-country differences. Furthermore, for a few EU countries, we cannot reject the hypothesis of a direct grandparental effect. Overall, there is no single data-generating process to de (xsd:string)
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  • https://doi.org/10.1016/j.euroecorev.2020.103600. (Eurobarometer) (xsd:string)
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  • 2020 (xsd:gyear)
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  • 2020 (xsd:gyear)
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  • 10.1016/j.euroecorev.2020.103600 ()
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  • 0014-2921 ()
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  • Like (grand)parent, like child? Multigenerational mobility across the EU (xsd:string)
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  • In European Economic Review, 130(103600), 2020 (xsd:string)
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