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Publications

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  • 2015
  • Working Paper

A Theory of Intergenerational Mobility

By: Gary Becker, Scott Duke Kominers, Kevin Murphy and Jorg L. Spenkuch
We develop a model of intergenerational resource transmission that emphasizes the link between cross-sectional inequality and intergenerational mobility. By drawing on first principles of human capital theory, we derive several novel results. In particular, we show... View Details
Keywords: Intergenerational Mobility; Inequality; Complementarities; Human Capital; Equality and Inequality; Income; Family and Family Relationships
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  • October 2018
  • Article

A Theory of Intergenerational Mobility

By: Gary Becker, Scott Duke Kominers, Kevin Murphy and Jorg L. Spenkuch
We develop a model of intergenerational resource transmission that emphasizes the link between cross-sectional inequality and intergenerational mobility. By drawing on first principles of human capital theory, we derive several novel results. In particular, we show... View Details
Keywords: Intergenerational Mobility; Inequality; Complementarities; Equality and Inequality; Human Capital; Income; Family and Family Relationships
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  • September 2024
  • Article

Investing in the Next Generation: The Long-Run Impacts of a Liquidity Shock

By: Patrick Agte, Arielle Bernhardt, Erica M. Field, Rohini Pande and Natalia Rigol
How do poor entrepreneurs trade off investments in business enterprises versus children's human capital, and how do these choices influence intergenerational socio-economic mobility? To examine this, we exploit experimental variation in household income resulting from... View Details
Keywords: Socio-economic Mobility; Entrepreneurship; Education; Income; Literacy; Poverty
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  • 09 Aug 2021
  • Research & Ideas

OneTen: Creating a New Pathway for Black Talent

significant role in your success as an adult. In fact, parents’ incomes strongly correlate with their children’s future earnings in the US. The higher the correlation, the lower the degree of intergenerational wealth transfer—or, to use a... View Details
Keywords: by Rawi E. Abdelal, Katherine Connolly Baden, and Boris Groysberg
  • 22 May 2018
  • First Look

New Research and Ideas, May 22, 2018

incumbents do not achieve this objective because they encourage the survival and expansion of low-type firms. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=54520 forthcoming Journal of Political Economy A Theory of View Details
Keywords: Dina Gerdeman
  • 08 Sep 2021
  • Blog Post

Socioeconomic Inclusion at HBS: Joshua Mbanusi (MBA 2021)

understand how to scale economic mobility and alleviate poverty through state and federal educational policy reform. After graduation, he moved to North Carolina to teach with Teach for America, so he could perform a “360-degree analysis... View Details
  • 20 Jun 2017
  • First Look

First Look at New Research and Ideas, June 20

uncover in the data. We show that inventors were highly educated and that father’s income and education were important intergenerational transmission channels. Inventors tended to migrate to places that were conducive to innovation, and... View Details
Keywords: Sean Silverthorne
  • 22 Feb 2022
  • News

March 2022 Alumni and Faculty Books

Illustrated by Julie Kwon Little, Brown Books for Young Readers This children’s book by Cherie Fu is a pitch-perfect rhyming text about messiness that any child and parent can relate to, featuring a unique Chinese-American, View Details
  • Web

Print View - Course Catalog

shaping the business landscape, including cloud computing, mobile technologies, social media, data analytics, AI, machine learning, and generative AI. Students will learn to navigate the complex technology ecosystem, assess the business... View Details