000			01269nam a22001577a 4500
999			_c518495 _d518495
008			210927b ||||| |||| 00| 0 eng d
100			_aAdermon, A., Lindahi, M. and Palme, M. _929531
245			_aDynastic human capital, inequality, and intergenerational mobility
260			_aThe American Economic Review
300			_a111(5), May, 2021: p.1523-1548
520			_aWe estimate long-run intergenerational persistence in human capital using information on outcomes for the extended family: the dynasty. A dataset including the entire Swedish population, linking four generations, allows us to identify parents' siblings and cousins, their spouses, and spouses' siblings. Using various human capital measures, we show that traditional parent-child estimates underestimate long-run intergenerational persistence by at least one-third. By adding outcomes for more distant ancestors, we show that almost all of the persistence is captured by the parental generation. Data on adoptees show that at least one-third of long-term persistence is attributed to environmental factors. – Reproduced
650			_aHuman Capital; Skills; Occupational Choice; Labor Productivity _929533
773			_aThe American Economic Review
906			_aHUMAN CAPITAL
942			_cAR