Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10001697071
"Solon's (1992) landmark study estimated the intergenerational elasticity (IGE) in income between fathers and sons to be 0.4 or higher. This dramatically changed the consensus view of the U.S. as a highly mobile society. In this comment, I show both analytically and empirically how Solon and...
Persistent link: https://www.econbiz.de/10001920632