Using the Panel Study of Income Dynamics to estimate intergenerational income elasticities for daughters, we have obtained estimates rang- ing from 0.35 to 0.49. these estimates are smaller than our corresponding estimates for sons, though in some instances the contrasts between the estimates for daughters and sons fall short of statistical significance. In any case, the estimated intergenerational elasticities for daughters are quite substantial. We also have found that assortative mating plays an important role in the intergenerational transmission pro- cess.
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