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This paper summarizes research on the relative level of intergenerational mobility – whether classified by income, education or social class. The literatures on education and income mobility reveal a similar ranking with South America, other developing nations, southern European countries and...
Persistent link: https://www.econbiz.de/10011126209
The nonparametric censored regression model, with a fixed, known censoring point (normalized to zero), is y = max[0,m … estimators of m(x) and its derivatives. The convergence rate is the same as for an uncensored nonparametric regression and its … heteroscedasticity. We also extend the estimator to the nonparametric truncated regression model, in which only uncensored data points …
Persistent link: https://www.econbiz.de/10010745070
Persistent link: https://www.econbiz.de/10010745632
nonparametric and semiparametric specifications. …
Persistent link: https://www.econbiz.de/10010746131
We investigate a new separable nonparametric model for time series, which includes many ARCH models and AR models …
Persistent link: https://www.econbiz.de/10010746316
We analyse in detail the factors that lead to intergenerational persistence among sons, where this is measured as the association between childhood family income and later adult earnings. We seek to account for the level of income persistence in the 1970 BCS cohort and also to explore the...
Persistent link: https://www.econbiz.de/10010928813
Because the permanent incomes of parents and children are typically unobserved, the estimation of the intergenerational correlation via the use of proxy variables entails an errors-in-variables bias. By solving a system of moment equations for income observed at a given year, and a T-period...
Persistent link: https://www.econbiz.de/10010744871
The estimation of the intergenerational correlation of incomes is usually carried out by proxying permanent incomes using suitable indicators of economic status, and by treating the resulting measurement error problem using averaging or instrumenting procedures. Here we take the permanent income...
Persistent link: https://www.econbiz.de/10010745339
The prediction approach proposed by Dearden, Machin and Reed (DMR) consists in (1) regressing the observed incomes of the child and parent families on separate sets of predetermined variables, and (2) regressing the child’s predicted income on that of the parents. Conceptually, this estimator...
Persistent link: https://www.econbiz.de/10010745477
We study the intergenerational effects of parents’ education on their children’s educational outcomes. The endogeneity of parental education is addressed by exploiting the exogenous shift in education levels induced by the 1972 Raising of the School Leaving Age (RoSLA) from age 15 to 16 in...
Persistent link: https://www.econbiz.de/10011126399