Search openICPSR


Find and share social, behavioral, and health sciences research data.

  • Search terms can be anywhere in the study: title, description, variables, etc.
  • Because our holdings are large, we recommend using at least two query terms:
    rural economy
    home ownership
    higher education
    ghana adolescents
  • Keywords help delimit the breadth of results. Therefore, use as many as required to achieve your desired results:
    elementary education federal funding
  • Our search will find studies with derivative expressions of your query terms: A search for "nation" will find results containing "national"
  • Use quotes to search for an exact expression:
    "social mobility"
  • You can combine exact expressions with loose terms:
    "united states" inmates
  • Exclude results by using a MINUS sign:
    elections -sweden -germany
    elections -sweden -germany
  • On the results page, you will be able to sort and filter to further refine results.
  • Please note that your search queries only openICPSR data holdings.
CLOSE
Name File Type Size Last Modified
  Data 10/19/2017 10:36:PM
  Output 10/19/2017 09:52:PM
Code.do text/x-stata-syntax 79.6 KB 10/19/2017 05:52:PM
PfefferKillewald2017.pdf application/pdf 1 MB 10/20/2017 12:24:PM
README.txt text/plain 556 bytes 10/19/2017 05:52:PM

Project Citation: 

Pfeffer, Fabian, University of Michigan, Killewald, Alexandra, and Harvard University. Generations Of Advantage. Multigenerational Correlations in Family Wealth. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2017-10-20. https://doi.org/10.3886/E101094V1

Project Description

Summary:  View help for Summary Inequality in family wealth is high, yet we know little about how much and how wealth inequality is maintained across generations. We argue that a long-term perspective reflective of wealth’s cumulative nature is crucial to understand the extent and channels of wealth reproduction across generations. Using data from the Panel Study of Income Dynamics that span nearly half a century, we show that a one decile increase in parental wealth position is associated with an increase of about 4 percentiles in offspring wealth position in adulthood. We show that grandparental wealth is a unique predictor of grandchildren’s wealth, above and beyond the role of parental wealth, suggesting that a focus on only parent-child dyads understates the importance of family wealth lineages. Second, considering five channels of wealth transmission — gifts and bequests, education, marriage, homeownership, and business ownership — we find that most of the advantages arising from family wealth begin much earlier in the life-course than the common focus on bequests implies, even when we consider the wealth of grandparents. We also document the stark disadvantage of African-American households in terms of not only their wealth attainment but also their intergenerational downward wealth mobility compared to whites.
Funding Sources:  View help for Funding Sources Russell Sage Foundation; W. K. Kellogg Foundation; National Institutes of Health (R01 HD069609); National Science Foundation (1157698)

Scope of Project

Subject Terms:  View help for Subject Terms PSID
Geographic Coverage:  View help for Geographic Coverage United States
Time Period(s):  View help for Time Period(s) 1968 – 2015


Related Publications

Published Versions

Export Metadata

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.