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Countries with high income inequality also show a strong association between parents ́and childrenś economic well-being; i.e. low intergenerational mobility. This study is the first to test this relationship in a between and within country setup, using harmonized micro data from 18 Latin...
Persistent link: https://www.econbiz.de/10011440819
Using harmonized household survey data, we analyse long run social mobility in the US, the UK, and Germany and test recent theories of multigenerational persistence of socio-economic status. In this country comparison setting we find evidence against Gregory Clark's "universal law of social...
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This paper documents trends in social mobility in Norway starting from fathers born at the turn of the 20th century and ending with sons born in the 1970s. We measure social mobility with intergenerational income elasticities, associations between fathers' and sons' income percentiles, and...
Persistent link: https://www.econbiz.de/10011452700
We seek to quantify the role of education as a mechanism through which family background affects earnings. To this end, we propose a generalisation of statistical 'mediation analysis'. In our approach, the treatment and mediator can be multidimensional. This allows us to directly and flexibly...
Persistent link: https://www.econbiz.de/10011458929
Countries with high income inequality also show a strong association between parents' and children's economic well-being; i.e. low intergenerational mobility. This study is the first to test this relationship in a between and within country setup, using harmonized micro data from 18 Latin...
Persistent link: https://www.econbiz.de/10011459537
To understand the degree of intergenerational mobility in the United States, and the differences between Americans and others, it is important to appreciate the workings and interaction of three fundamental institutions: the family, the market, and the state. But comparisons can also be...
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