1986
DOI: 10.1086/298118
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Human Capital and the Rise and Fall of Families

Abstract: Ontario. We especially thank Robert Willis for his helpful discussion at the Conference on the Family and the Distribution of Economic Rewards. We have also benefited from suggestions by Arthur Goldberger and Sherwin Rosen.

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Cited by 1,964 publications
(1,361 citation statements)
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“…Much of the economic research on socioeconomic mobility derives its theoretical foundation from the highly influential model developed by Becker and Tomes (1986). Socioeconomic attainment (e.g.…”
Section: Introductionmentioning
confidence: 99%
See 1 more Smart Citation
“…Much of the economic research on socioeconomic mobility derives its theoretical foundation from the highly influential model developed by Becker and Tomes (1986). Socioeconomic attainment (e.g.…”
Section: Introductionmentioning
confidence: 99%
“…Sweden, for example, appears to have higher earnings mobility, and thus lower intergenerational persistence in earnings than either the U.S. or Great Britain Jäntti 1997, 2000;Solon 2002) However, a process of regression to the mean should cause the influence of earlier generations on socioeconomic outcomes to gradually diminish. In fact, according to Becker and Tomes (1986) most ancestral influences in developed countries are eliminated already after three generations, giving little room for an important role played by grandparents on their grandchildren's outcomes. This view is consistent with a first-order Markov (AR1) process, where the outcome in one generation is only determined by characteristics of the parental generation (e.g., Hodge 1966).…”
Section: Introductionmentioning
confidence: 99%
“…Art very gently led me down the path to statistical respectability in our joint 1971 paper, "The Treatment of Unobservable Variables in Path Analysis," in which he generously gave me first authorship, despite my minimal statistical contributions (Hauser & Goldberger 1971). Art's Woytinsky Lecture (Goldberger 1989) was a vigorous commendation and defense of sociological models of social stratification relative to the then-popular theoretical schemes of Gary Becker (Becker & Tomes 1986). As I recall, Becker was displeased; I was most grateful.…”
Section: Career Beginningsmentioning
confidence: 99%
“…According to P. Almond and J. Currie (2011), the most important determinants of child human capital before the age of 5 are as follows: (a) prenatal environ- Wulczyn, 2008: 4 Both parents and the public sector invest during the crucial period of early childhood. S. Becker and T. Nigel (1986) proved that if parental and public investments are substitutes, parental investments will be crowded out as public investments expand. In the case when those investments are not perfect substitutes, public investments might affect parental behaviour towards children.…”
Section: Conceptual Framework For the Analysismentioning
confidence: 99%