Sibling Correlations and SES Overlaps in Late-Career Swedes
To what extent social inequalities in socioeconomic standing, SES, are multidimensional is still unresolved. This paper uses the methodology of Karlson and Birkelund (2023) to study how sibling correlations, as a measure of family background influence in intergenerational transmissions, overlap across SES dimensions. Four dimensions of SES are considered: education, occupation, income (earnings and disposable income), and wealth. The findings reveal three clusters represent the overlap pattern of sibling correlations across these dimensions: (1) education/occupation, (2) income, and (3) wealth. This pattern remains consistent across various subsamples based on sex. The data analysis shows that a one-dimension sibling factor, assuming a single latent SES factor, fails to adequately capture the observed sibling correlations. Still, the one-dimension factor contributes modestly to substantial portions to the sibling correlations in all outcomes. Furthermore, the idea of a single latent family factor is also refuted when including additional outcomes such as crime, cognitive ability, and physical capacity (health) in a younger male sample born between 1958 and 1968. In conclusion, while a unidimensional sibling factor exists, it is trumped by multidimensionality.