Table 2

Rank–rank regressions of nonresident and resident parent wealth

First Observation After Parent ExitLast Observation in Childhood
Resident Parent Wealth, Percentile Rank 0.30*** 0.28*** 
 (0.037) (0.035) 
Constant −13.04 −23.47 
 (20.071) (21.801) 
N 2,342 2,342 
First Observation After Parent ExitLast Observation in Childhood
Resident Parent Wealth, Percentile Rank 0.30*** 0.28*** 
 (0.037) (0.035) 
Constant −13.04 −23.47 
 (20.071) (21.801) 
N 2,342 2,342 

Notes: Standard errors are shown in parentheses. Analyses are weighted using the child's first or last observed individual longitudinal weight, clustered at the PSID clan level, and control for age and age squared of the resident and nonresident parent.

***p < .001

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