Nybom, Martin; Stuhler, Jan - Institute for the Study of Labor (IZA) - 2011
Research on intergenerational income mobility is based on current income since data on lifetime income are typically … not available for two generations. However, using snapshots of income over shorter periods causes a so-called life …-cycle bias if the snapshots cannot mimic lifetime outcomes. Using uniquely long series of Swedish income data, we show that …