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Title: Growing Importance of Family and Community: An Analysis of Changes in the Sibling Correlation in Earnings
Resulting in 1 citation.
1. Mazumder, Bhashkar
Levine, David I.
Growing Importance of Family and Community: An Analysis of Changes in the Sibling Correlation in Earnings
Working Paper No. 2003-24, Federal Reserve Bank of Chicago, November 2003.
Also: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=483023
Cohort(s): NLSY79, Young Men
Publisher: Federal Reserve Bank of Chicago
Keyword(s): Brothers; Data Quality/Consistency; Earnings; High School Dropouts; Income; Intergenerational Patterns/Transmission; Mobility; Panel Study of Income Dynamics (PSID); Siblings

Permission to reprint the abstract has not been received from the publisher.

This study presents evidence that the correlation in brothers' earnings has risen in recent decades. We use two distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between brothers rose from 0.26 to 0.45. This suggests that family and community influences shared by siblings have become increasingly important in determining economic outcomes. We find that neither the correlation in years of schooling nor the rising return to schooling accounts for this increase. We also argue that the PSID is not an appropriate dataset for analyzing changes over time because of its sampling design, small sample of siblings, and high attrition rate.
Bibliography Citation
Mazumder, Bhashkar and David I. Levine. "Growing Importance of Family and Community: An Analysis of Changes in the Sibling Correlation in Earnings." Working Paper No. 2003-24, Federal Reserve Bank of Chicago, November 2003.