Research on intergenerational income mobility is based on current income since data on lifetime income are typically … not available for two generations. However, using snapshots of income over shorter periods causes a so-called life …-cycle bias if the snapshots cannot mimic lifetime outcomes. Using uniquely long series of Swedish income data, we show that …

Research on intergenerational income mobility is based on current income since data on lifetime income are typically … not available for two generations. However, using snapshots of income over shorter periods causes a so-called life …-cycle bias if the snapshots cannot mimic lifetime outcomes. Using uniquely long series of Swedish income data, we show that …

The estimation of intergenerational mobility ideally requires full income histories to determine lifetime incomes …. However, as applications are typically based on shorter snapshots, estimates are subject to lifecycle bias. Using long income … of income processes: children from more affluent families tend to experience faster income growth, even conditional on …

are used to approximate lifetime income. However, little is known about biases in other popular dependence measures. We … use long Swedish income series to provide such evidence for linear and rank correlations, and rank-based transition … from short-run income suggest. …