Open AccessThe Contribution of Early‐life Versus Labour Market Factors to Intergenerational Income Persistence: A Comparison of the UK and Sweden
Author(s) -
Björklund Anders,
Jäntti Markus,
Nybom Martin
Publication year - 2017
Publication title -
the economic journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 4.683
H-Index - 160
eISSN - 1468-0297
pISSN - 0013-0133
DOI - 10.1111/ecoj.12328
Subject(s) - earnings , economics , demographic economics , social mobility , persistence (discontinuity) , labour economics , sociology , geotechnical engineering , engineering , social science , accounting
We explore whether differences in intergenerational income mobility between the UK and Sweden show up early in life, finding stronger associations between parental income and birthweight, height and school performance in the UK . We investigate whether these differentials can account for the country difference in income mobility. While differences in the associations in birthweight and height are too weak to matter, school performance does account for a substantial part of this difference. However, country differences in the earnings returns to these skills are at least as important as the differences in the link between parental income and skills.