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inequality. We show that the correlation between mobility and inequality depends on which factor caused the change in inequality …. The model can thus help discriminate between different competing explanations of the recent rise in US wage inequality … correlation between wage inequality and mobility. Public subsidies to education reduce inequality, but the effect on mobility is …
Persistent link: https://www.econbiz.de/10005136647
The intergenerational elasticity of income is considered one of the best measures of the degree to which a society gives equal opportunity to its members. While much research has been devoted to measuring this reduced-form parameter, less is known about its underlying structural determinants....
Persistent link: https://www.econbiz.de/10008530361
A state school system should be expected to reduce income inequality and to make intergenerational mobility easier. It … is therefore somewhat surprising to observe that Italy, in comparison to the United States, displays less inequality …
Persistent link: https://www.econbiz.de/10005136455
We study the intergenerational effects of maternal education on children's cognitive achievement, behavioural problems, grade repetition and obesity. We address endogeneity of maternal schooling by instrumenting with variation in schooling costs when the mother grew up. Using matched data from...
Persistent link: https://www.econbiz.de/10005498098
This paper provides a new perspective on intergenerational mobility in the United States in the late 19th and early 20th centuries. We devise an empirical strategy that allows to calculate intergenerational elasticities between fathers and children of both sexes. The key insight of our approach...
Persistent link: https://www.econbiz.de/10011083699
. In the short run, cloning reduces inequality. In the long run, it creates a perfectly egalitarian society where all … necessarily eliminate inequality; nor does it disappear in the long run. Finally, if fertility is negatively correlated with …
Persistent link: https://www.econbiz.de/10005792154