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Title: The Intergenerational Transmission of High-Income Status
Citation Type: Dissertation/Thesis
Publication Year: 2022
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Abstract: This research utilises 648 monozygotic and 1016 dizygotic twins' socioeconomic outcomes observed in United States of America in 1995 to conduct a twin study on the intergenerational transmission of high-income status. The research is conducted as a unique method to address the prevalent debate of income inequality and intergenerational persistency of socioeconomic status in the United States of America. In recent history, there are increasing imparity of opportunities and income immobility in the US. Using the genoeconomical approach of a twin study, the variance of socioeconomic position is distributed into three factors: genetic factors, family/common environment, and unique environment. The findings of my study suggest that the variance in socioeconomic status cannot be solely contributed to genetic factors and rather unique environmental elements, yet there are portions of the tendency of high socioeconomic position that can be predominantly assigned to genetic factors. Furthermore, it can be concluded by accounting for different characteristics, such as gender, age, ethnicity, and educational level, that the intergenerational transfer of high-income status variates heavily depending on the subsegment examined, such that an African American female will experience significantly different mechanisms of the intergenerational transfer of socioeconomic status than a Caucasian male.
Url: https://thesis.eur.nl/pub/63218
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Authors: Lippert, Jonathan F.
Institution: Erasmus University Rotterdam, Erasmus School of Economics
Department: International Business Economics and Business
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Pages: 1-34
Data Collections: IPUMS CPS
Topics: Education, Gender, Labor Force and Occupational Structure, Poverty and Welfare, Race and Ethnicity
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