children, may move up the income ladder. This ‘Prospect of Upward Mobility’ (POUM) hypothesis is commonly advanced to explain … incomes above the mean. We also analyse mobility matrices from the Panel Study on Income Dynamics (PSID) and find significant …

inequality of outcomes in a “snapshot.” Intergenerational mobility and “equality of opportunity”, so the argument goes, is what … matters for normative evaluation. In response to this counter, we ask what pattern of intergenerational mobility leads to … as identical prospects irrespective of starting position. We find that this is not necessarily the mobility pattern which …

In this paper we provide a comparative analysis of the extent and determinants of labour mobility in the Czech Republic … during 1994-1998. Our analysis is motivated by the fact that labour mobility is crucial for an efficient allocation of … experiencing the most mobility and the more positive directions of mobility. The existing problems of inadequate restructuring …

determine local wages and unemployment; when mobility between regions is obstructed by rent subsidies and controls, unemployment …

' incentives to share information about borrowers are positively related to the mobility and heterogeneity of borrowers, to the …, the United Kingdom and the United States, where the geographical mobility of households is high and the consumer credit … market is deep; while in countries with low mobility and thin consumer credit markets, e.g. Belgium and Italy, information …

contract interpretation, while US regional labour markets are characterized by high regional mobility, rendering insurance less …

implies absence of consumption mobility between any two time periods. This implication requires knowledge of the evolution of … appropriate non-parametric test and find substantial mobility of consumption even controlling for possible preference shifts and …

systems of increasing factor mobility. In particular, we expect the extent of redistribution (both intra- and … intergenerational) in national pension systems to decrease. The latter result should hold true even in the presence of mobility limited … of mobility: not only mobility at the beginning of the working life, but also mobility during the working career and …