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Are we richer than our parents were? : absolute income mobility in Australia
Kennedy, Tomas; Siminski, Peter - 2021
We conduct the first dedicated study of absolute income mobility in Australia, for 1950-2019. About two-thirds of 30-34 year-olds have higher real incomes than their parents did at the same age, and this has been stable for 25 years. This is among the highest levels of absolute mobility in the...
Persistent link: https://www.econbiz.de/10012519366
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The correlation of wealth between parents and children in Australia
Siminski, Peter; Yu, Sin Hung - 2021
We present the first estimates of intergenerational wealth correlation for Australia, using HILDA. The rank correlation varies greatly by child age when wealth is observed, from 0.1 before age 30, to 0.5 after age 40. Most children in our estimation sample are young. For these children overall,...
Persistent link: https://www.econbiz.de/10012649512
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The Correlation of Wealth between Parents and Children in Australia
Siminski, Peter; Yu, Sin - 2022
We present the first estimates of intergenerational wealth correlation for Australia, using HILDA. The rank correlation varies greatly by child age when wealth is observed, from 0.1 before age 30, to 0.5 after age 40. Most children in our estimation sample are young. For these children overall,...
Persistent link: https://www.econbiz.de/10014084056
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Intergenerational earnings mobility and preferences for redistribution
Siedler, Thomas; Sonnenberg, Bettina - 2012
individuals' preferences for redistribution. A novel survey question from the German Socio-Economic Panel Study - whether the … taxes paid by unskilled workers are too high, adequate or too low - are used to elicit attitudes toward redistribution … years. The results reveal that intergenerational mobility is significantly related to preferences for redistribution. The …
Persistent link: https://www.econbiz.de/10009665011
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Intergenerational earnings mobility and preferences for redistribution
Siedler, Thomas; Sonnenberg, Bettina - 2012
individuals' preferences for redistribution. A novel survey question from the German Socio-Economic Panel Study - whether the … taxes paid by unskilled workers are too high, adequate or too low - are used to elicit attitudes toward redistribution … years. The results reveal that intergenerational mobility is significantly related to preferences for redistribution. The …
Persistent link: https://www.econbiz.de/10009681426
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Intergenerational Earnings Mobility and Preferences for Redistribution
Siedler, Thomas - 2012
individuals' preferences for redistribution. A novel survey question from the German Socio-Economic Panel Study — whether the … taxes paid by unskilled workers are too high, adequate or too low — are used to elicit attitudes toward redistribution … years. The results reveal that intergenerational mobility is significantly related to preferences for redistribution. The …
Persistent link: https://www.econbiz.de/10013096828
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Do Redistributive Policies Promote Intergenerational Mobility?
Hendricks, Lutz - 2000
Numerous public policies are aimed at improving the earnings opportunities for children of the poor and at reducing lifetime earnings inequality. This paper investigates to what extent such policies accomplish their objectives. A quantitative theory of intergenerational mobility and lifetime...
Persistent link: https://www.econbiz.de/10014172585
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Don't stop believin' : heterogeneous updating of intergenerational mobility perceptions across income groups
Schwarz, Anna; Warum, Philipp - 2023
This article presents a novel explanation why demand for redistribution on average does not respond to information on … observed unresponsiveness of demand for redistribution may result because the group which drives the effect on beliefs does not … increase demand for redistribution and may even decrease it. Indeed, despite the strong perception shift in the high …
Persistent link: https://www.econbiz.de/10014321511
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Don't stop believin' - heterogeneous updating of intergenerational mobility perceptions across income groups
Schwarz, Anna; Warum, Philipp - 2023
This article presents a novel explanation why demand for redistribution on average does not respond to information on … observed unresponsiveness of demand for redistribution may result because the group which drives the effect on beliefs does not … increase demand for redistribution and may even decrease it. Indeed, despite the strong perception shift in the high …
Persistent link: https://www.econbiz.de/10014321966
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The impact of intergenerational income mobility on internal migration in China
Zhou, Guangsu; Bian, Xiaoyu - In: Economics of transition and institutional change 32 (2024) 1, pp. 183-208
Persistent link: https://www.econbiz.de/10014450711