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Published on: February 22, 2018
The Effects of the Great Depression on Children's Intergenerational Mobility
Martha J Bailey1, Peter Z Lin2, A R Shariq Mohammed3
1University of California, Los Angeles, and a fellow at the National Bureau of Economic Research, United States.
Abstract:
This article examines the role of the Great Depression in shaping the intergenerational mobility of some of the most upwardly mobile cohorts of the twentieth century. Using newly linked census and vital records from the Longitudinal, Intergenerational Family Electronic Micro-database, we examine the occupational and educational mobility of more than 265,000 sons and daughters born in Ohio and North Carolina. We find that the deepest and most protracted downturn in U.S. history had limited effects on sons' intergenerational mobility but reduced daughters' intergenerational mobility.
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