Bönke, Timm; Harnack-Eber, Astrid; Lüthen, Holger - 2024
This study provides the first absolute income mobility estimates for postwar Germany. Using various micro data sources …, we uncover a steep decline in absolute mobility rates from 81 percent to 59 percent for children's birth cohorts 1962 … point drop in absolute income mobility (-31pp). Our counterfactual analysis shows that lower economic growth rates and …