In this article, we review 40 years of cross-national comparative research on the
intergenerational transmission of socioeconomic advantage, with particular attention
to developments over the past 15 years--that is, since the transition between (what
have become known as) the second and third generations of social stratification and
mobility research. We identify the generations by a set of core studies and categorize
them with respect to data collection, measurement, analytical models, research problems,
main hypotheses, and substantive results. We go on to discuss a number of new topics
and approaches that have gained prominence in the research agenda in the last decade.
We conclude that the field has progressed considerably with respect to data collection
and measurement; that shifts across generations with respect to data analytic and
modelling strategies do not unambiguously represent advances; and that with respect
to problem development and theory formulation the field has become excessively narrow.