Assessing Intergenerational Earnings Persistence Among German Workers

Acknowledgements: We thank the Leibniz Association for supporting this study in the research network Noncognitive Skills: Acquisition and Economic Consequences. Furthermore, Friedhelm Pfeiffer’s research was supported by the German Science Foundation’s grants PF 331/2 (Microeconometric Methods to Assess Heterogeneous Returns to Education) and PF 331/3 (Wages, Rent-Sharing and Collective Wage Bargaining). For helpful discussions we thank Johannes Gernandt, Maresa Sprietsma, Thorsten Vogel, participants of the 7th meeting of the DFG Workshop “Flexibility in Heterogeneous Labour Markets“ on the 4th of October 2007 in Nuremberg, two anonymous referees, and our colleagues at the ZEW. We thank Alina Botezat and Moritz Meyer for their fine research assistance. All remaining errors are our own.