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We link tax returns across two generations to provide the first estimate of intergenerational mobility in Italy based … on administrative income data. Italy emerges as less immobile than previously depicted by studies using proxies for …. Provinces in Northern Italy, the richest area of the country, display levels three times as large as those in the South. This …
Persistent link: https://www.econbiz.de/10012889047
I develop a method to estimate intergenerational mobility (IM) in education on large cross-sectional surveys and apply the method to U.S. census data from 1940 to 2000. The method estimates IM directly for children age 26-29 who still live with parents and adjusts for independent children using...
Persistent link: https://www.econbiz.de/10013021878
We present new evidence on trends in intergenerational mobility in the U.S. using administrative earnings records. We find that percentile rank-based measures of intergenerational mobility have remained extremely stable for the 1971-1993 birth cohorts. For children born between 1971 and 1986, we...
Persistent link: https://www.econbiz.de/10013060277
Different beliefs about how fair social competition is and what determines income inequality, influence the redistributive policy chosen democratically in a society. But the composition of income in the first place depends on equilibrium tax policies. If a society believes that individual effort...
Persistent link: https://www.econbiz.de/10013134300
Previous studies of recent U.S. trends in intergenerational income mobility have produced widely varying results, partly because of large sampling errors. By making more efficient use of the available information in the Panel Study of Income Dynamics, we generate more reliable estimates of the...
Persistent link: https://www.econbiz.de/10013231862
We examine a model in which per capita income, inequality, intergenerational mobility, and returns to education are all determined endogenously. Individuals earn wages depending on their ability, which is a random variable. They purchase an education with transfers received from their parents,...
Persistent link: https://www.econbiz.de/10013249148
affect preferences for redistribution in France, Italy, Sweden, the U.K., and the U.S.. Americans are more optimistic than …
Persistent link: https://www.econbiz.de/10012965948
This paper provides a new perspective on intergenerational mobility in the United States in the late 19th and early 20th centuries. We devise an empirical strategy that allows to calculate intergenerational elasticities between fathers and children of both sexes. The key insight of our approach...
Persistent link: https://www.econbiz.de/10013086296
This paper estimates intergenerational elasticities across three generations in the United States in the late 19th and early 20th centuries. We extend the methodology in Olivetti and Paserman (2015) to explore the role of maternal and paternal grandfathers for the transmission of economic status...
Persistent link: https://www.econbiz.de/10012996382
Some of the important implications of the parental investment model of intergenerational mobility have been derived under the assumption that parental income is the main source of heterogeneity. We explicitly model the variability and inheritability of innate' earnings ability and the...
Persistent link: https://www.econbiz.de/10013222056