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• W2082113883 abstract "The phenomenon of systemic changes in the fortunes of social groups is hard to reconcile with traditional macroeconomic models of intergenerational income mobility. This paper, therefore, proposes a theory of intergenerational mobility whereby instilling strict work attitudes is an instrument to address moral hazard in poor families more so than in rich families, which is consistent with empirical regularities pertaining to work attitudes. The mechanism implies that hard‐working children of the poor converge to and may eventually overtake leisure‐prone children of the rich." @default.
• W2082113883 created "2016-06-24" @default.
• W2082113883 creator A5000710707 @default.
• W2082113883 date "2009-09-01" @default.
• W2082113883 modified "2023-10-04" @default.
• W2082113883 title "Work Attitudes and Intergenerational Mobility" @default.
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• W2082113883 doi "https://doi.org/10.1086/649556" @default.
• W2082113883 hasPublicationYear "2009" @default.
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