{"id":"https://openalex.org/W2333102773","doi":"https://doi.org/10.2307/1058220","title":"Like Father, like Son: Toward an Economic Theory of Occupational Following","display_name":"Like Father, like Son: Toward an Economic Theory of Occupational Following","publication_year":1983,"publication_date":"1983-10-01","ids":{"openalex":"https://openalex.org/W2333102773","doi":"https://doi.org/10.2307/1058220","mag":"2333102773"},"language":"en","primary_location":{"id":"doi:10.2307/1058220","doi":"https://doi.org/10.2307/1058220","is_oa":false,"landing_page_url":"https://doi.org/10.2307/1058220","pdf_url":null,"source":{"id":"https://openalex.org/S16296580","display_name":"Southern Economic Journal","issn_l":"0038-4038","issn":["0038-4038","2325-8012"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Southern Economic Journal","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5113481837","display_name":"David N. Laband","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"David N. Laband","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5072276773","display_name":"Bernard F. Lentz","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Bernard F. Lentz","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":3010,"currency":"USD","value_usd":3010},"apc_paid":null,"fwci":4.197,"has_fulltext":false,"cited_by_count":126,"citation_normalized_percentile":{"value":0.93968347,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":91,"max":99},"biblio":{"volume":"50","issue":"2","first_page":"474","last_page":"474"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12088","display_name":"Intergenerational and Educational Inequality Studies","score":0.9639000296592712,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12088","display_name":"Intergenerational and Educational Inequality Studies","score":0.9639000296592712,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11843","display_name":"Family Business Performance and Succession","score":0.017100000753998756,"subfield":{"id":"https://openalex.org/subfields/1407","display_name":"Organizational Behavior and Human Resource Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10785","display_name":"Economic Theory and Institutions","score":0.00559999980032444,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/intergenerational-wealth-transfer","display_name":"intergenerational wealth transfer","score":0.7950000166893005},{"id":"https://openalex.org/keywords/family-business-succession","display_name":"family business succession","score":0.7329999804496765},{"id":"https://openalex.org/keywords/rent-transfer","display_name":"rent transfer","score":0.8159999847412109},{"id":"https://openalex.org/keywords/human-capital","display_name":"human capital","score":0.6650000214576721},{"id":"https://openalex.org/keywords/opportunity-cost","display_name":"opportunity cost","score":0.7289999723434448},{"id":"https://openalex.org/keywords/inheritance","display_name":"inheritance","score":0.4560000002384186}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.564697265625},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.44461822509765625},{"id":"https://openalex.org/C4249254","wikidata":"https://www.wikidata.org/wiki/Q3044431","display_name":"Demographic economics","level":1,"score":0.4054151773452759},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.32679909467697144},{"id":"https://openalex.org/C133425853","wikidata":"https://www.wikidata.org/wiki/Q60571","display_name":"Neoclassical economics","level":1,"score":0.3249686658382416},{"id":"https://openalex.org/C118084267","wikidata":"https://www.wikidata.org/wiki/Q26110","display_name":"Positive economics","level":1,"score":0.32008200883865356}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2307/1058220","doi":"https://doi.org/10.2307/1058220","is_oa":false,"landing_page_url":"https://doi.org/10.2307/1058220","pdf_url":null,"source":{"id":"https://openalex.org/S16296580","display_name":"Southern Economic Journal","issn_l":"0038-4038","issn":["0038-4038","2325-8012"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Southern Economic Journal","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.48510000109672546,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":15,"referenced_works":["https://openalex.org/W634911892","https://openalex.org/W1486174327","https://openalex.org/W1520386898","https://openalex.org/W1971310904","https://openalex.org/W1998250792","https://openalex.org/W2028248580","https://openalex.org/W2037123898","https://openalex.org/W2045407673","https://openalex.org/W2080673522","https://openalex.org/W2087535272","https://openalex.org/W2089530081","https://openalex.org/W2090539283","https://openalex.org/W2316893446","https://openalex.org/W2330202443","https://openalex.org/W2752710160"],"related_works":["https://openalex.org/W2058616576","https://openalex.org/W2054484673","https://openalex.org/W2589996953","https://openalex.org/W4285138392","https://openalex.org/W4409539409","https://openalex.org/W1515597298","https://openalex.org/W3124190995","https://openalex.org/W2003350415","https://openalex.org/W983893196","https://openalex.org/W2049194561"],"abstract_inverted_index":{"It":[0],"used":[1],"to":[2,66,70,164],"be":[3,59,131,145],"common,":[4],"if":[5,161],"not":[6],"expected,":[7],"that":[8,75,172],"a":[9,186,206],"son":[10,202,213],"would":[11],"grow":[12],"up":[13],"and":[14,44,121,157],"take":[15,110],"over":[16],"the":[17,41,49,111,136,177,189,198,212,215],"family":[18],"business":[19],"or":[20,103,106],"follow":[21,151],"in":[22,38,54,61,152,159,214],"his":[23,229],"father's":[24],"footsteps.":[25],"Although":[26],"less":[27],"prevalent":[28],"today,":[29],"we":[30,92],"still":[31],"observe":[32],"varying":[33],"degrees":[34],"of":[35,52,56,85,113,124,140,173,181,191,205],"occupational":[36,57,155],"following":[37,58,76],"business,":[39],"politics,":[40],"arts,":[42],"agriculture,":[43],"other":[45,122],"occupations.":[46],"How":[47],"can":[48,144],"observed":[50],"pattern":[51],"variation":[53],"magnitude":[55],"explained":[60],"economic":[62],"terms?":[63],"We":[64],"seek":[65],"provide":[67],"an":[68,79,166,220],"answer":[69],"this":[71,141],"question":[72],"by":[73,135,148,197],"arguing":[74],"is":[77,169],"sometimes":[78],"efficient":[80],"mechanism":[81],"whereby":[82],"intergenerational":[83],"transfers":[84,95,109],"property":[86],"rights":[87],"are":[88],"effected.":[89],"In":[90],"essence,":[91],"view":[93],"wealth":[94],"between":[96],"generations":[97],"as":[98,203,223],"either":[99],"tangible":[100],"(cash,":[101],"real":[102],"personal":[104],"property)":[105],"intangible.":[107],"Intangible":[108],"form":[112],"specialized":[114],"knowledge,":[115],"goodwill,":[116],"brand":[117],"(or":[118],"name)":[119],"loyalty,":[120],"types":[123],"family-specific":[125,142],"capital":[126,143,184,194],"whose":[127],"present":[128],"value":[129,139,160],"cannot":[130],"fully":[132],"captured":[133,146],"(realized)":[134],"parent.":[137],"The":[138,201],"only":[147],"children":[149,162],"who":[150],"their":[153,174],"parents'":[154],"footsteps,":[156],"diminishes":[158],"choose":[163],"enter":[165],"occupation":[167],"which":[168],"different":[170],"from":[171],"parents.":[175],"From":[176],"son's":[178],"standpoint,":[179],"inheritance":[180],"valuable":[182],"name-brand":[183],"represents":[185],"rent-transfer,":[187],"whereas":[188],"transfer":[190],"career-specific":[192],"human":[193],"requires":[195],"investment":[196],"recipient-son":[199],".":[200],"recipient":[204],"rent-transfer":[207],"incurs":[208],"no":[209],"opportunity":[210,221],"cost;":[211],"later":[216],"category":[217],"does":[218],"incur":[219],"cost,":[222],"he":[224],"must":[225],"spend":[226],"time":[227],"with":[228]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":8},{"year":2021,"cited_by_count":9},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":5},{"year":2018,"cited_by_count":4},{"year":2017,"cited_by_count":7},{"year":2016,"cited_by_count":6},{"year":2015,"cited_by_count":5},{"year":2014,"cited_by_count":7},{"year":2013,"cited_by_count":4},{"year":2012,"cited_by_count":7}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2016-06-24T00:00:00"}