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“Multigenerational mobility” refers to the associations in socioeconomic status across three or more generations. This article begins by summarizing the longstanding but recently growing empirical literature on multigenerational mobility. It then discusses multiple theoretical...
Persistent link: https://www.econbiz.de/10011213643
The state of Georgia allocated most of its land to the public through a system of lotteries. These episodes provide unusual opportunities to assess the long-term impact of large shocks to wealth, as winning was uncorrelated with individual characteristics and participation was nearly universal...
Persistent link: https://www.econbiz.de/10010692206
: changes in labor's share of income; inequality at the bottom of the income distribution, including labor mobility; skill … in the income distribution, particularly at the top. We conclude that changes in labor's share play no role in rising … inequality of labor income; by one measure labor's income share was almost the same in 2007 as in 1950. Within the bottom 90 …
Persistent link: https://www.econbiz.de/10005085152
rose thereafter, a pattern consistent with technological change driving long term trends in income inequality and mobility …. Greater wealth mobility in recent decades is also consistent with the simultaneous rise in top income shares and relatively …
Persistent link: https://www.econbiz.de/10005087482
between the growth rates of real median household income and of private sector productivity. This paper shows that a … mean vs. median income, and in the income share of the top one percent of the income distribution. The income share of the … 91st to 95th percentile has not increased since 1983, and the income ratio of the 90th to 10th percentile has barely …
Persistent link: https://www.econbiz.de/10005088619
We describe the construction of a panel data set from the U.S. patent data that contains measures of inventors' life-cycle R&D productivity--patents and patent citations. We match the data set to information on the U.S. pharmaceutical and semiconductor firms for whom they work. In this paper we...
Persistent link: https://www.econbiz.de/10005830459
War. The pension, because of the program's rules, was a strict income transfer and these rules create a natural experiment …
Persistent link: https://www.econbiz.de/10005831188
earnings shocks and find important asymmetries: positive shocks to high-income individuals are quite transitory, whereas … negative shocks are very persistent; the opposite is true for low-income individuals. Finally, we use these rich sets of …
Persistent link: https://www.econbiz.de/10011159892
In this paper, we develop a gender-specific crosswalk based on dual-coded Current Population Survey data to bridge the change in the Census occupational coding system that occurred in 2000 and use it to provide the first analysis of the trends in occupational segregation by sex for the 1970-2009...
Persistent link: https://www.econbiz.de/10011227920
Federal and state employment programs for low-skilled workers typically emphasize rapid placement of participants into jobs and often place a large fraction of participants into temporary-help agency jobs. Using unique administrative data from Detroit's welfare-to-work program, we apply the...
Persistent link: https://www.econbiz.de/10011227941