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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 between occupational incomes, but lower intergenerational...
Persistent link: https://www.econbiz.de/10005136455
ambiguous and depends on how well households with non-skilled parents can take advantage of the subsidy. The relation between …
Persistent link: https://www.econbiz.de/10005136647
sons born in Sweden, we have access to the criminal records of both the adopting and biological parents. This allows us to … evidence of interaction effects between biological and adoptive parents’ criminal convictions. Having a more highly educated … adoptive mother, however, does appear to mitigate the impact of biological parents’ criminality. …
Persistent link: https://www.econbiz.de/10008921776
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
This paper incorporates training in the design of unemployment policies. Human capital falls upon displacement and continuously depreciates during unemployment. While training counters the decrease in human capital, it also affects the willingness of the unemployed to search. I characterize the...
Persistent link: https://www.econbiz.de/10008468659
This paper analyses the relationship between technological progress, intergenerational earnings mobility, and economic growth. The analysis demonstrates that the interplay between technological progress and two components that determine individual earnings – parental human capital and...
Persistent link: https://www.econbiz.de/10005124238
This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the bottom portion of income distribution. It is argued that, contrary to what is generally assumed in the economic literature, inequality will then be associated with less, rather...
Persistent link: https://www.econbiz.de/10005136638
There are few studies on occupational choices in Germany, and second-generation occupational choice and mobility is even less investigated. Such research is important because occupations determine success in the labour market. In a country like Germany occupations also reflect a general...
Persistent link: https://www.econbiz.de/10005504309
The transition from centrally planned to market economy involves a process of massive occupational change that has been largely neglected in the literature. This paper investigates this process using data from the 1995 Estonian Labour Force Survey. We find that between 35 and 50 percent of wage...
Persistent link: https://www.econbiz.de/10005666663