摘要：Using a unique data set that links adult labour market outcomes and health status
of a cohort of Danes and their parents, we study the interrelationships between transmission
of health and economic status across generations. We first establish new evidence on
intergenerational earnings resemblance in Denmark, obtaining estimates of father-child
earnings elasticities of .29 for sons and .27 for daughters. Next, we show that children from
low-income families are more likely to experience health problems in adulthood, and that
poor health outcomes, such as back illness, heart disease, and psychological illness, affect
labour earnings negatively. The data further reveal strong correlations of health outcomes
across generations. When we condition on health status, estimates of the intergenerational
earnings elasticity drop by a substantial amount—28 percent for sons and 25 percent for
daughters. These findings point to parental investments in health and resemblance of health
across generations as factors behind the pattern of low intergenerational earnings mobility
observed in many countries.
关键词：Intergenerational mobility, health and earnings
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