While income inequality in Austria is relatively low compared to many other OECD countries, social mobility lags behind. Socio-economic outcomes carry over strongly from one generation to the next: more than elsewhere, fathers’ earnings are a strong predictor of the earnings of their prime-age...

This report surveys the research in OECD countries on intergenerational mobility – i.e. the extent to which key characteristics and life experiences of individuals differ from those of their parents. A number of findings emerge: Intergenerational earnings mobility varies significantly across...