Like Great-grandfather, Like Great-grandson? Multigenerational Mobility in American History
Zach Ward, Associate Professor of Economics, Baylor University Social mobility over multiple generations is often lower than predicted by two-generational data, suggesting that traditional estimates fail to capture long-run mobility. Using novel US data (1850-1940) that links over 1.7 million individuals across four generations, we find that the economic status of great-grandchildren is strongly tied […]