under the assumption that parental income is the main source of heterogeneity. We explicitly model the variability and …

Previous studies of recent U.S. trends in intergenerational income mobility have produced widely varying results … Income Dynamics, we generate more reliable estimates of the recent time-series variation in intergenerational mobility. Our …

Black children from households across the income distribution and White children from low-income households. Moreover …

outcomes, such as lower rates of upward income mobility. Here, we analyze the determinants of cross-class interaction using …

between parent and child income percentile ranks. For more recent cohorts, we measure mobility as the correlation between a … child's probability of attending college and her parents' income rank. We also calculate transition probabilities, such as a … child's chances of reaching the top quintile of the income distribution starting from the bottom quintile. Based on all of …

, grandfathers matter for income transmission, above and beyond their effect on fathers' income. Second, the socio-economic status of …