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Title: Inheritance of Earnings and Wealth
Resulting in 1 citation.
1. Rumberger, Russell W.
Inheritance of Earnings and Wealth
Report, Columbus OH: Center for Human Resource Research, The Ohio State University, 1980
Cohort(s): Young Men
Publisher: Center for Human Resource Research
Keyword(s): Current Population Survey (CPS) / CPS-Fertility Supplement; Family Resources; Inheritance; Schooling; Socioeconomic Status (SES)

The author examines the role of wealth in explaining the relationship between family background and adult economic status for white and black males. These results show that parental wealth as a financial component of family background exerts an influence on schooling that is independent of other social components of family environment. This influence is stronger for black males than white males. Parental wealth has a direct effect on earnings for white males only. In addition, parental wealth has a direct effect on son's wealth after controlling for its effects on schooling and earnings. Finally, the total effect of parental wealth and wealth of white males is much stronger than its effect on earnings.
Bibliography Citation
Rumberger, Russell W. "Inheritance of Earnings and Wealth." Report, Columbus OH: Center for Human Resource Research, The Ohio State University, 1980.