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We present the first Australian estimates of intergenerational mobility that draw on direct observations of income from … two generations. Using panel data for three birth cohorts of young adults from the Household, Income and Labour Dynamics … Australia survey, the estimated intergenerational income elasticity is 0.28. Correcting for attenuation bias raises this to 0 …
Persistent link: https://www.econbiz.de/10012947122
We examine intergenerational mobility in the very long run, across generations that are six centuries apart. We exploit a unique dataset containing detailed information at the individual level for all people living in the Italian city of Florence in 1427. These individuals have been associated,...
Persistent link: https://www.econbiz.de/10012980840
This paper presents new evidence on intergenerational income and earnings mobility in the top of the distributions …
Persistent link: https://www.econbiz.de/10014212955
We review the economic literature on the impacts of the several dimensions of education upon intergenerational inequality persistency. It is firstly outlined that the critical increase in the population education level in all countries has not come with lower inequality. The basic tools of...
Persistent link: https://www.econbiz.de/10014157044
, summarizing results for both income and educational outcomes. We find that, whereas the income mobility literature is hampered by …
Persistent link: https://www.econbiz.de/10014234431
We provide the first estimates of intergenerational income mobility for a developing country, namely Brazil. We measure … formal income from tax and employment registries, and we train machine learning models on census and survey data to predict … informal income. The data reveal a much higher degree of persistence than previous estimates available for developed economies …
Persistent link: https://www.econbiz.de/10014239287
This research compares the patterns of intergenerational income mobility between fathers and sons in Germany, Italy … also proposes a new way to construct the mobility matrices, in order to control for the age at which income is measured … time. The elasticity rises in Britain as well, at a lower rate. At different income levels, the quantile regressions do not …
Persistent link: https://www.econbiz.de/10014134758
Survey of Income and Program Participation, to measure the intergenerational elasticity in earnings in the United States … family income has an even larger effect than fathers' earnings on children's future labor market success. The elasticity of …
Persistent link: https://www.econbiz.de/10014121768
For developing countries, it is difficult to find income mobility studies that rely on datasets linking parents with … countries. Using a panel dataset spanning 1994-2012, I find that the intergenerational income persistence for rural India is …
Persistent link: https://www.econbiz.de/10014123978
We study inequality, intergenerational mobility, and returns to education in a general-equilibrium model. Individuals earn wages depending on their education and their innate abilities. Education is purchased with transfers received from parents, while ability is a random variable which is...
Persistent link: https://www.econbiz.de/10014068927