Murray, Chelsea; Clark, Robert; Mendolia, Silvia; … - 2017
We present the first Australian estimates of intergenerational mobility that draw on direct observations of income from … two generations. Using panel data for three birth cohorts of young adults from the Household, Income and Labour Dynamics … Australia survey, the estimated intergenerational income elasticity is 0.28. Correcting for attenuation bias raises this to 0 …