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This paper concerns the problem of inferring the effects of covariates on intergenerational income mobility, i.e. on … of mobility- (i) traditional transition probability of movement across income quantiles over generations and (ii) a new …
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response functions of earnings shocks and find important asymmetries: Positive shocks to high-income individuals are quite … transitory, whereas negative shocks are very persistent; the opposite is true for low-income individuals. Finally, we use these …
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"Solon's (1992) landmark study estimated the intergenerational elasticity (IGE) in income between fathers and sons to …
Persistent link: https://www.econbiz.de/10001920632
Chay, Guryan and Mazumder (2009) found substantial racial convergence in AFQT and NAEP scores across cohorts born in the 1960's and early 1970's that was concentrated among blacks in the South. We demonstrated a close tracking between variation in the test score convergence across states and...
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We revisit recent empirical evidence about the rise in top income inequality in the United States, drawing attention to … to inform researchers, policy makers, and journalists who are interested in top income inequality …
Persistent link: https://www.econbiz.de/10012958983
, we estimate nonparametric impulse response functions and find important asymmetries: positive changes for high-income … individuals are quite transitory, whereas negative ones are very persistent; the opposite is true for low-income individuals …
Persistent link: https://www.econbiz.de/10012904452