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Published online by Cambridge University Press:  24 March 2015

Nezih Guner
ICREA-MOVE, Universitat Autonoma de Barcelona and Barcelona GSE, Spain
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How well do parents’ education, earnings, income, and wealth predict the same outcomes for their children? Scientists have been trying to answer this question for a long time. Francis Galton (1822–1911) was the first to apply statistical methods to tackle this question. Centuries earlier, the great Arab scholar Ibn Khaldun (1332–1406) famously observed that the prestige lasted at best four generations in one lineage.

Special Section: Essays in honor of Gary Becker
Copyright © Université catholique de Louvain 2015 

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