This paper investigates how assortative mating impacts intergenerational earnings and income mobility among top-income households in Denmark. Using administrative registers allowed us to look at very small fractions of the populations, i.e. dynasties, and to distinguish between sons and daughters and to observe their spouses’ incomes. We find that, in particular, intergenerational income mobility is lower in the top when including capital income in the income measure, with an astonishing elasticity of 0.879 when restricting to rich fathers and their married sons. We also find that the marriage match strongly mediates the income transfer in the top of the income distribution, where a correlation of 0.763 is found between father and mother’s aggregated income and that of their son and daughter-in-law’s aggregated income.
|Place of Publication||Department of Political Science , Aalborg University|
|Publication status||Published - 2013|