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There is currently a debate in policy circles about access to "the upper echelons of power" (Sir John Major, ex Prime Minister, 2013). This research seeks to understand the relationship between family background and early access to top occupations. We find that privately educated graduates are a...
Persistent link: https://www.econbiz.de/10010720416
Estimates of intergenerational economic mobility that use point in time measures of income and earnings suffer from lifecycle and attenuation bias. We consider these issues for the National Child Development Study (NCDS) and British Cohort Study (BCS) for the first time, highlighting how common...
Persistent link: https://www.econbiz.de/10010850092
It is widely believed that countries with greater levels of income inequality also have lower levels of intergenerational mobility. This relationship, known as the Great Gatsby Curve (GGC), has been prominently cited by high-ranking public policy makers, best-selling authors and Nobel Prize...
Persistent link: https://www.econbiz.de/10011132470
A growing number of studies in several countries over the past twenty years have documented the persistence in incomes across generations, and much of the current literature is seeking to understand the processes driving intergenerational mobility and how these differ across time periods and...
Persistent link: https://www.econbiz.de/10011132471
Previous studies of intergenerational income mobility have typically focused at on estimating persistence across generations at the mean of the distribution of sons' earnings. Here, we use the relatively new unconditional quantile regression (UQR) technique to consider how the association...
Persistent link: https://www.econbiz.de/10011241618