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Correlations curves are used to measure the degree of association of father’s and son’s earnings locally, i.e. at different positions in the earnings distributions. The local correlation is nonlinear, and can be very different from local elasticities from nonparametric, or quantile...
Persistent link: https://www.econbiz.de/10010835348
A correlation curve is proposed as an alternative measure to study the degree of intergenerational income mobility, i.e. how income status is related between parents and adult child. The method overcomes the shortcomings of the elasticity of children’s income with respect to fathers’ income...
Persistent link: https://www.econbiz.de/10010835350