Publication type
Research Paper
Authors
Publication date
June 26, 2026
Summary:
There are many estimates of the intergenerational transmission of income and education, even though these may be considered as only partial measures of individual welfare. We here analyse long-running UK panel data and directly consider the intergenerational transmission of two widely-used indicators of well-being, life satisfaction and psychological distress. We use the longrun nature of this panel data to construct parent-child dyads who are observed at the same age, and so avoid the life-cycle bias that appears in much existing work on intergenerational correlation. We find that well-being is transmitted across generations, but to a lesser extent than are income and education. Observed economic outcomes only slightly mediate this relationship, and the estimated transmission is similar across different types of parents and children. Exploiting the panel structure of the data, where both parents and their children are observed repeatedly over time, we show that well-being is transmitted across generations not only in levels, but also in terms of the way in which it changes over the life cycle.
Subjects
Link
https://hal.science/halshs-05670764v1
Notes
Open Access
Distributed under a Creative Commons CC BY 4.0- Attribution- International License
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