Students of social mobility and status attainment have long been concerned with the social mechanisms underlying the transmission of resources and privileges across generations. The logic embodied in this research tradition contends that parents pass advantages to offspring through socialization and investment in human capital resources (i.e., education), which affect, in turn, labor market outcomes (i.e., occupational status, earnings). Labor market outcomes are viewed as determinants of one’s position in the system of stratification (i.e., economic well-being).