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underlying mechanisms of the intergenerational income mobility. By applying descriptive and structural decomposition methods, we … intergenerational income mobility in Germany, endowments account for solely 30 percent in the United States. Nonlinearities in the … transmission channels along the income distribution in the United States indicate that the endowment effect slightly decreases in …
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This is the first paper that studies the effects of including non-monetary income from housing (imputed rent) in the … measure of income on intergenerational income mobility. Using national panel data sets for Australia, the United States and …-regional comparisons of intergenerational income mobility may be misleading, especially using tax data as imputed rent is rarely taxed …
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We find that firms located in areas with higher intergenerational mobility are more profitable. Building off the work of Chetty and Hendren (2018a and 2018b)—who provide measures of intergenerational mobility for all commuting zones (essentially, metropolitan areas) within the U.S.—we are...
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This study demonstrates how inter vivos transfers alter the life trajectories of young adults by (i) directly raising wealth levels and (ii) indirectly supporting wealth accumulation by impacting interest rates, borrowing, entrepreneurship, and spending. A unique Danish policy setting allows me...
Persistent link: https://www.econbiz.de/10014472492