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This paper proposes a method to estimate intergenerational mobility that takes into account the multidimensionality of the phenomenon. The first premise is that status is unobserved; hence, it must be analysed through latent variable and factor analysis models. The second premise is that the...
Persistent link: https://www.econbiz.de/10011867497
Using harmonized household survey data, we analyse long run social mobility in the US, the UK, and Germany and test recent theories of multigenerational persistence of socio-economic status. In this country comparison setting we find evidence against Gregory Clark's "universal law of social...
Persistent link: https://www.econbiz.de/10011548051
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To understand the degree of intergenerational mobility in the United States, and the differences between Americans and others, it is important to appreciate the workings and interaction of three fundamental institutions: the family, the market, and the state. But comparisons can also be...
Persistent link: https://www.econbiz.de/10011475187
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This paper analyzes the extent to which intergenerational upward and downward mobility in earnings are related to 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...
Persistent link: https://www.econbiz.de/10009681426
Persistent link: https://www.econbiz.de/10001704835
This paper analyzes the extent to which intergenerational upward and downward mobility in earnings are related to 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...
Persistent link: https://www.econbiz.de/10013096828