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We examine the heterogeneous and dynamic impact of China's New Rural Pension Scheme on intergenerational wealth dependence using a nationally representative longitudinal household survey covering the period 2011–13. We adopt an instrumental quantile regression–discontinuity design to address...
Persistent link: https://www.econbiz.de/10012942785
We examine the heterogeneous and dynamic impact of China’s New Rural Pension Scheme on intergenerational wealth dependence using a nationally representative longitudinal household survey covering the period 2011-13. We adopt an instrumental quantile regression-discontinuity design to address...
Persistent link: https://www.econbiz.de/10011776293
0.165 to 0.303). Decomposition analysis indicates the existence of glass-ceiling effects for females and rural offspring …
Persistent link: https://www.econbiz.de/10011417848
Empirical findings suggest a positive correlation between inequality and social immobility, a phenomenon coined the …
Persistent link: https://www.econbiz.de/10012542504
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
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
Empirical findings suggest a positive correlation between inequality and social immobility, a phenomenon coined the …
Persistent link: https://www.econbiz.de/10012154893
This paper explores the mechanisms behind the intergenerational earnings mobility in Spain by means of three exercises: calculating the transition matrix, decomposing the sources of earnings elasticity and estimating quantile earnings regressions. By calculating the transition matrices we find a...
Persistent link: https://www.econbiz.de/10009421997
This paper offers an explanation for some evidence that intergenerational earnings mobility is higher in more developed economies and that mobility is positively correlated with wage equality. In the model mobility promotes economic growth via its effect on the accumulation and allocation of...
Persistent link: https://www.econbiz.de/10014110938
This paper analyses intergenerational earnings mobility in Spain correcting for different selection biases. We address the co-residence selection problem by combining information from two samples and using the two-sample two-stage least square estimator. We find a small decrease in elasticity...
Persistent link: https://www.econbiz.de/10004999363