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The literature on intergenerational income mobility uses a diverse set of measures and there is limited knowledge about whether these measures provide similar information and yield similar conclusions. We provide a framework to highlight the key concepts and properties of the different...
Persistent link: https://www.econbiz.de/10014048669
We examine how intergenerational income mobility responds to structural changes in a simple theoretical model of intergenerational transmission, deviating from the existing literature by explicitly analyzing the transition path between steady states. We find that mobility depends not only on...
Persistent link: https://www.econbiz.de/10009777023
We examine how intergenerational mobility affects subjective wellbeing (SWB) using data from the British Cohort Study. Our SWB measures encapsulates both life satisfaction and mental health, and we consider both relative and absolute movements in income. We find that relative income mobility is...
Persistent link: https://www.econbiz.de/10012059641
Using longitudinal data on fathers and their children, this study compares the extent of intergenerational mobility in Germany and the United States and introduces an estimation strategy that corrects estimates of intergenerational earnings elasticities for a possible lifecycle bias. In contrast...
Persistent link: https://www.econbiz.de/10003375779
We examine how intergenerational income mobility responds to structural changes in a simple theoretical model of intergenerational transmission, deviating from the existing literature by explicitly analyzing the transition path between steady states. We find that mobility depends not only on...
Persistent link: https://www.econbiz.de/10013077332
This article presents a novel explanation why demand for redistribution on average does not respond to information on low intergenerational mobility. Building on insights from behavioral economics, we expect that incentives to update perceptions of intergenerational mobility change along the...
Persistent link: https://www.econbiz.de/10014345626
We present new estimates of intergenerational earnings elasticity for Australia. We closely follow the methodology used by Leigh (2007), but use considerably more data (twelve waves of HILDA and four waves of PSID). Our adjusted estimates are intended to be comparable to those for other...
Persistent link: https://www.econbiz.de/10011347277
Relying on harmonized individual data for Germany and the United States, we perform a country comparison regarding the underlying mechanisms of the intergenerational income mobility. By applying descriptive and structural decomposition methods, we estimate the relative importance of the...
Persistent link: https://www.econbiz.de/10011770657
In this paper, I investigate intergenerational mobility of earnings and income among sons and daughters in Vietnam. In particular, my objective is to estimate intergenerational elasticity (IGE) of sons' and daughters' individual earnings and individual income with respective to their fathers'...
Persistent link: https://www.econbiz.de/10013021933
The correlation in economic status among siblings is a useful "omnibus measure" of the overall impact of family and community factors on adult economic status. In this study we compare brother correlations in long-run (permanent) earnings between the United States, on one hand, and the Nordic...
Persistent link: https://www.econbiz.de/10011335242