We use fifty years of the Panel Study of Income Dynamics to study the intergenerational correlation in income … mobility is highest for consumption, followed by income and wealth. Income exhibits the highest intergenerational correlation …

This is the first paper that studies the effects of including non-monetary income from housing (imputed rent) in the … measure of income on intergenerational income mobility. Using national panel data sets for Australia, the United States and …-regional comparisons of intergenerational income mobility may be misleading, especially using tax data as imputed rent is rarely taxed …