We examine economic mobility in India while accounting for misclassification to better understand the welfare e§ects of the rise in inequality. To proceed, we extend recently developed methods on the partial identification of transition matrices. Allowing for modest misclassification, we find...

We examine economic mobility in India while rigorously accounting for measurement error. Such an analysis is imperative to fully understand the welfare effects of the rise in inequality that has occurred in India over the past few decades. To proceed, we extend recently developed methods on the...

The economic mobility of individuals and households is of fundamental interest. While many measures of economic mobility exist, reliance on transition matrices remains pervasive due to simplicity and ease of interpretation. However, estimation of transition matrices is complicated by the...

We examine economic mobility in India while accounting for misclassification to better understand the welfare e§ects of the rise in inequality. To proceed, we extend recently developed methods on the partial identification of transition matrices. Allowing for modest misclassification, we find...