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Title: Personality and the Intergenerational Transmission of Economic Status
Resulting in 1 citation.
1. Osborne Groves, Melissa
Personality and the Intergenerational Transmission of Economic Status
In: Unequal Chances: Family Background and Economic Success. S. Bowles, H. Gintis, and M. Osborne Groves, eds., Princeton, NJ: Princeton University Press, 2005
Cohort(s): Older Men, Young Men
Publisher: Princeton University Press
Keyword(s): Cognitive Development; Earnings; Fathers and Sons; Intergenerational Patterns/Transmission; Pairs (also see Siblings); Wealth

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

A copy of Chapter 7 is available at: http://www.sv.uio.no/forskerskole/Groves%20on%20personality%20and%20intergen %20inequality.pdf#search=%22osborne%20groves%3A%20Personality%20and %20the%20Intergenerational%20Transmission%20of%20Economic%20Status%20%22

Educational attainment, cognitive performance, and the receipt of wealth transfers have been shown to be strong indicators of economic success across occupations and explanatory variables in the intergenerational transmission of socioeconomic status. Research also suggests, however, that these three mechanisms are not able to explain the bulk of the large intergenerational persistence of earnings. Few researchers have explored the economic implications of the transmission of personality that occurs in the household. While personality has been shown to be highly heritable through a combination of environmental and genetic mechanisms and rewarded in the labor market, its influence on the transmission of earnings remains unclear. This chapter will estimate the influence of personality on the intergenerational transmission of earnings using matched father-son pairs from the mature and young male cohorts of the National Longitudinal Surveys (NLS).

Copublished by Russell Sage Foundation.

Bibliography Citation
Osborne Groves, Melissa. "Personality and the Intergenerational Transmission of Economic Status " In: Unequal Chances: Family Background and Economic Success. S. Bowles, H. Gintis, and M. Osborne Groves, eds., Princeton, NJ: Princeton University Press, 2005