Intergenerational persistence estimates are susceptible to several well-documented biases arising from income … measurement, and it has become standard practice to construct income measures to mitigate these. However, remaining bias can lead … literature. We show with theory and simulations that even using a 30-year income average can result in a small positive spurious …

observed for their parents in terms of some economic statuses (wages, income, work hours, and education). Additionally, we … Panel Study of Income Dynamics' data we find that married sons imitate their parents' household disparities more than …

Although many studies show that Korea's income mobility is declining, it is difficult to draw organized information … income mobility in Korea, this study categorizes the mobility concept using two dimensions: absolute vs. relative and within …-generation vs. between-generations. The normative validity is clearer for intergenerational income mobility than in the …