Money Marries Money - Intergenerational Top Household Income Mobility in Denmark

Jens Bonke, M. Azhar Hussain, Martin David Munk

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    Abstract

    This paper describes intergenerational earnings and income mobility among top-income households in Denmark. Access to administrative registers allowed us to look at very small fractions of the populations, and to distinguish between sons and daughters and to observe their spouses’ incomes. At the top of the income distribution we find a correlation of 0.763 between father and mother’s pooled income and that of their son and daughter-in-law’s pooled income, which indicates that money marries money.
    Original languageEnglish
    Publication date22 Aug 2016
    Number of pages20
    Publication statusPublished - 22 Aug 2016
    EventThe 34th General Conference of the International Association for Research in Income and Wealth (IARIW) Dresden, Germany - Dresden, Germany
    Duration: 21 Aug 201627 Aug 2016

    Conference

    ConferenceThe 34th General Conference of the International Association for Research in Income and Wealth (IARIW) Dresden, Germany
    Country/TerritoryGermany
    CityDresden
    Period21/08/201627/08/2016

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