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Inter-generational Persistence in the Ownership of Real Assets: Evidence from Latin America

dc.contributor.authorÁlvarez-Parra, Fernando
dc.contributor.authorCarbonari, Victoria
dc.coverage.spatialAmérica Latina y el Caribees_ES
dc.date.accessioned2023-05-22T14:39:36Z
dc.date.available2023-05-22T14:39:36Z
dc.date.issued2023-05-19
dc.identifier.citationÁlvarez-Parra, F., & Carbonari, V. (2023, May 19). Inter-generational Persistence in the Ownership of Real Assets: Evidence from Latin America. CAF. Retrieved from https://scioteca.caf.com/handle/123456789/2033en_GB
dc.identifier.urihttps://scioteca.caf.com/handle/123456789/2033
dc.description.tableofcontentsWe explore inter-generational mobility in assets ownership for Latin America. Our findings confirm the strong correlation between parents and offspring ownership, even after controlling for education and labor outcomes. Second, we provide evidence pointing to the role of inheritances, assortative mating, health shocks, lack of access to credit, and the intergenerational transmission of personality traits, as potential mechanisms behind the high persistence. To the best of our knowledge, this is the first paper to estimate inter-generational persistence in asset ownership and the mechanisms behind this phenomenon for Latin America, a highly unequal region.es_ES
dc.language.isoen_USes_ES
dc.publisherCAFes_ES
dc.rightsCC-BY-NC-NDes_ES
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/es_ES
dc.subjectViviendaes_ES
dc.titleInter-generational Persistence in the Ownership of Real Assets: Evidence from Latin Americaes_ES
dc.typeworkingPaperes_ES


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