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Papers on “wealth inequality intergenerational mobility”

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1. Socioeconomic Inequalities in Depression: A Meta-Analysis

   Vincent Lorant · 2003 · American Journal of Epidemiology · 2,634 cites

   Low socioeconomic status (SES) is generally associated with high psychiatric morbidity, more disability, and poorer access to health care. Among psychiatric disorders, depression exhibits a more controversial association with SES. The authors carried out a meta-analysis to evaluate the magnitude, shape, and modifiers of such an association. The search found 51 prevalence studies, five incidence studies, and four persistence studies meeting the criteria. A random effects model was applied to the odds ratio of the lowest SES group compared with the highest, and meta-regression was used to assess the dose-response relation and the influence of covariates. Results indicated that low-SES individu

2. Race and Economic Opportunity in the United States: an Intergenerational Perspective*

   Raj G. Chetty, Nathaniel Hendren, Maggie R. Jones, et al. · 2019 · The Quarterly Journal of Economics · 820 cites

   Abstract We study the sources of racial disparities in income using anonymized longitudinal data covering nearly the entire U.S. population from 1989 to 2015. We document three results. First, black Americans and American Indians have much lower rates of upward mobility and higher rates of downward mobility than whites, leading to persistent disparities across generations. Conditional on parent income, the black-white income gap is driven by differences in wages and employment rates between black and white men; there are no such differences between black and white women. Hispanic Americans have rates of intergenerational mobility more similar to whites than blacks, leading the Hispanic-white

3. Mobility Report Cards: The Role of Colleges in Intergenerational Mobility

   Raj G. Chetty, John Norton Friedman, Emmanuel Saez, et al. · 2017 · National Bureau of Economic Research · 622 cites

   We characterize intergenerational income mobility at each college in the United States using data for over 30 million college students from 1999-2013.We document four results.First, access to colleges varies greatly by parent income.For example, children whose parents are in the top 1% of the income distribution are 77 times more likely to attend an Ivy League college than those whose parents are in the bottom income quintile.Second, children from low-and high-income families have similar earnings outcomes conditional on the college they attend, indicating that low-income students are not mismatched at selective colleges.Third, rates of upward mobilitythe fraction of students who come from f

4. Intergenerational Transfers and the Accumulation of Wealth

   William G. Gale, John Karl Scholz · 1994 · The Journal of Economic Perspectives · 604 cites

   This paper uses household data to provide direct estimates of intergenerational transfers as a source of wealth. The authors distinguish between intended transfers (for example, gifts to other households) and possibly unintended transfers (bequests) and estimate that intended transfers account for at least 20 percent of net worth. Thus, a significant portion of the U.S. wealth cannot be explained by the life-cycle model, even when the model is augmented to allow for bequests. Estimated bequests can account for an additional 31 percent of net worth. The authors also show that transfers among living people are about half as large as bequests.

5. Wealth Inequality and Intergenerational Links

   Mariacristina De Nardi · 2004 · The Review of Economic Studies · 568 cites

6. Wealth Inequality in the United States

   Lisa A. Keister, Stephanie Möller · 2000 · Annual Review of Sociology · 486 cites

   Wealth ownership in the United States has long been concentrated in the hands of a small minority of the population, yet researchers have paid relatively little attention to the causes and consequences of this inequality. In this essay, we review the literature that does exist on wealth accumulation and distribution. We begin with an examination of the reasons that wealth inequality has received little empirical attention. We then discuss methods of creating empirical estimates of wealth accumulation and distribution, and we present some estimates of recent trends in wealth inequality. We explore a diverse collection of research that explains these trends, covering treatments of aggregate in

7. The Impacts of Neighborhoods on Intergenerational Mobility I: Childhood Exposure Effects

   Raj G. Chetty, Nathaniel Hendren · 2016 · National Bureau of Economic Research · 482 cites

   effects of tax expenditures on the budget deficit and economic activity.All results based on tax data in this paper are constructed using statistics originally reported in the SOI Working Paper "The Economic Impacts of Tax Expenditures: Evidence from Spatial Variation across the U.S.

8. Intergenerational Inequality: A Sociological Perspective

   Robert S. Erikson, John H. Goldthorpe · 2002 · The Journal of Economic Perspectives · 477 cites

   When economists are concerned with the inheritance of inequality, they typically focus on the intergenerational transmission of income or wealth. In contrast, sociologists are more likely to analyze intergenerational mobility between (and immobility in) different class positions.